FINTECH Insights.

Two fundamental conditions are required for a strong financial system:  trust and identity.  RegTech offers an opportunity to strengthen and scale both.

Luxembourg, having the first largest fund industry in Europe has the best position to become the future Hub of choice for RegTech.

There is one issue at the top of insurance business boardroom agendas; innovation and how to embrace InsurTech, improve efficiency and meet the on-demand expectations of customers.

Looking for an industry with clean and large historical data sets as well as big need and potential for the AI-based solutions, the focus on the capital markets was a natural choice.

This has created a fertile ground for RegTech players to offer innovative, nimble solutions. Key areas for attention to provide some signposts to guide entrepreneurs and incumbents.

How do organizations transfer cyber risk? When should organizations be concerned about their cyber risk exposure?

Three main themes, saving investing platforms, digital wealth management platforms, and digital + human wealth management platforms.

Information asymmetry with analysis of values, health and financial profile robo-advisors make it possible to realize the potential of every person.

A true partnership between banks and FinTechs through open APIs will bring novel products and services to the market and make an impact on the way we live.

You can order goods online to be delivered from China or from anywhere else in the world, it’s startling how local the world of financial products is.

Microinsurance will have the best chance to evolve, P2P insurance may decline in some regions while prospering in others, new forms of health insurance has the potential for growth in the countries where IoT and drones sound like a fantasy.

With renewed pressure to tamp down costs and adjust to volatile conditions financial organizations have currently little confidence in their ability to manage risk, especially in technology and operations.

The relationship of trades to global financial risks through the integration of transaction, client, instrument, financial data. The RegTech dashboard.

Technology is providing greater access to more real-time information via marketplaces where investors and customers can meet on supply and demand basis.

Meta description preview:By FINTECH Books Contributor, Nirvana Farhadi Follow: @NirvanaFarhadi

Data portability under the GDPR is intended to drive competition.The FCA see dashboards as a way to help make financial advice available to the mass market.

Relying on relatively old asset allocation methodologies and a limited type of products, there are clear benefits by having extended the range of clients.

Such controls include the requirement that banks should be able to identify all the spreadsheets used in critical processes and ensure that all data and calculations used in such processes are adequately policed by internal compliance departments.