Showing posts with label regtech. Show all posts
Showing posts with label regtech. Show all posts

Sunday 21 July 2019

What Percent of Financial Services’ IT Budgets Are Devoted to Regulatory Technology?




  • As of 2017, the cost of regulatory compliance is equal to 14.3% of IT budgets on average
  • That’s a 30% increase in compliance costs over the last 6 years
  • The regtech market’s compound annual growth rate is 25% through 2023, growing to revenues of $7.2 billion
  • Solution categories in the regtech market include:
    • Data management
    • Reporting
    • AML/KYC
    • Risk management
    • Records management
    • Change management
    • Governance

  • More than $9 billion was invested in regtech firms between 2014 & 2018
  • In 2018 alone, $4.5 billion was invested in reg tech firms
  • The bulk of the regtech investments have been in the AML/KYC space


Sunday 22 July 2018

New On-line Training Course - Understanding the Blockchain

Few people understand what the blockchain really is, but banks, financial institutions, Information Technology (IT) organizations, consultants and even the general public are all abuzz about blockchain technology and how it is going to revolutionize finance.

Bitcoin. Blockchain. Cryptocurrencies. ICO's. 

These are terminologies that everyone’s talking about, but what do these words really mean?

Find out in this brand new on-line course that will provide you with clear definitions and a explanations for the blockchain; the theory, the technology, the process, the use-cases and much more.

Additionally we are also going to give you a great 10% course discount. Just use Coupon Code CITADEL10 when you register.


Sign up for this course TODAY! 

Check out our other great on-line courses HERE

Sunday 1 April 2018

FinTech – Where finance and technology meet - On-line Training Course


We are at the dawn of a new era. Startups are disrupting the world of finance and banking, and it’s only the beginning. With more and more funding going into FinTech than ever, it is clear that finance and banking are being transformed rapidly.

Traditional companies are at risk - they will have either to disrupt, or be disrupted. FinTech startups formulate new ways to deliver financial services faster, better, and at lower costs than the formal financial can. Corporates are now investing heavily and bringing in startups to help them to respond. The FinTech Revolution is here.


Do you want to understand FinTech?

Our on-line FinTech training course is focused on the hottest topics in FinTech today: Blockchain, Cryptocurrencies, InsurTech, RegTech, Small Business Financing, Peer to Peer Platforms, Open banking, Mobile Banking, Big Data, Deep Learning, Artificial Intelligence, and more.

Don’t lose out on the FinTech revolution.

Take our 3-part on-line training course “Understanding FinTech”.

This course carries full CPE accreditation. Each Part is at really affordable prices.

Use Coupon Code Citadel10 for a 10% discount.

Part 1 – FinTech Basics

Part 2 – Financial Service Functions & Innovation Clusters

Part 3 – Blockchain, Bitcoin & other Cryptocurrencies

Saturday 22 October 2016

A market is springing up for “regtech”, fintech’s nerdy new offspring

"On September 29th, IBM announced the purchase of Promontory, a 600-strong consultancy whose senior staff include former officials from the Federal Reserve, the World Bank, the Securities and Exchange Commission and other regulators. The hope is that person and machine will combine into a vast business. Promontory was founded in 2001 by Eugene Ludwig, who had headed one of America’s primary bank-supervisory agencies. It grew first because of the slathering of new rules during the previous, Bush administration and then prospered, says Mr Ludwig, as this process expanded under Barack Obama".

Read the full article in The Economist
 
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