RegTech

Asset & Wealth Management Revolution: pwc identifies six game changers & four key trends for the decade ahead

pwc’s Asset Management research division in its latest snappy 32-page report identifies a number of key trends and game changers that might lead to an asset management and wealth management revolution. Click here for the full report on their site. Some stats from the study: The four key trends highlighted by pwc are: Further industry …

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Autonomous Research Sees 22% Cost Reduction in Financial Services by 2030 through AI, Totaling $1 Trillion

Autonomous Research’s London-based NEXT unit, which focused on FinTech and the future of finance, predicts cost savings of 22% for financial services firms globally by 2030, totaling $1 trillion. The graphs above show a breakdown across banking, investment management and insurance, as well as front-, middle- and back-office. AR calls the outcome of AI applied …

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IBM and Thomson Reuters Launch AI-powered Real-Time RegTech Compliance Solution

In a new collaboration, IBM and Thomson Reuters will offer financial institutions access to an AI-Powered RegTech Solution. According to a press release, the service will be delivered through the IBM Cloud with real-time financial data from thousands of sources, backed by domain knowledge from IBM consulting subsidiary Promontory Financial Group. Promontory was founded in …

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