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Home Compliance Webinar: Overcoming the Barriers to Implementing RegTech Solutions

Webinar: Overcoming the Barriers to Implementing RegTech Solutions

Date: 9 June 2020
Time: 10:00am ET / 3:00pm London / 4:00pm CET

RegTech holds the promise of targeted, agile and often low-cost solutions to the real-world problems faced by financial institutions across the board. So why is it so difficult to get RegTech projects off the ground?

RegTech solutions providers complain that it’s difficult to get access to decision-makers, and even when they do it’s tough to qualify as a supplier under firms’ strict procurement rules. Meanwhile, innovators at financial institutions, meanwhile, say it’s hard to get buy-in, either from mainstream business line heads with budget or senior management with more strategic priorities.

This webinar looks at the challenges facing RegTech entrepreneurs and practitioners alike.

For RegTech vendors it will explore:

  • Strategies for engaging with large financial institutions
  • How to address pain points specific to financial services
  • Working with financial institutions’ innovation teams
  • Dealing with procurement/purchasing departments

For Regtech consumers it will explore:

  • Making the business case: Cost vs. benefit – how to assess which RegTech solutions are right for your firm and will fit your operating model
  • Getting compliance on board and managing the different stakeholders involved – what conversations should you be having?
  • Encouraging innovation and culture change in large organisations with legacy Systems, siloed data/ technology and a lack of a joined-up approach across the business
  • The need for collaboration to move forward.

For more information, or to register, click here.

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