November 11, 2020
How Innovation and RegTech are transforming horizon scanning
CUBE provides insights into the challenges posed by trying to keep track of regulatory change – and how the financial industry is embracing innovation to meet those challenges.
CUBE’s Senior Business Manager, Tim Sweeney, took some time to record a video that provides a range of insights into the challenges encountered when trying to keep track of regulatory change – and how the financial industry is embracing innovation to meet those challenges.
Tim looks at why RegTech is now more prevalent than ever and sets out how firms can use RegTech to tune into their applicable rules and regulations, filter out noise and map relevant changes to their policies and controls.
In this video, Tim answers the following:
- What is the biggest challenge the market faces?
- What problems are CUBE solving?
- How do customers want to utilize Horizon Scanning?
- What types of data need to be sourced to enable regulatory change and horizon scanning?
- Has there been an explosion of new RegTech solutions?
- Has working from home created different challenges?
- Has COVID-19 had an impact on the velocity of regulations?