With MiFID II looming, and uncertainty over regulatory change in the USA, there will be enormous pressure on financial institutions to adapt to new legislation quickly and efficiently. RegTech is, and will remain, pivotal in achieving this.

The aspiration is to identify internal and external innovation impulses that can be utilized to bolster the bank’s strategic roadmap and wealth management.

The Uber Moment of Asset Management will create an avalanche of new, easy to handle tools and new players who are betting on this technology.

Insurtech is not just about efficiency. It must be about the customer. Winning them. And delighting them.

Firms are adapting strategies to deliver better contextual services to customers. Innovation cycles are getting shorter. New technologies are emerging.

InsurTech is something broader and may in some cases make incumbents invisible and parametric.

The capacity to successfully perform a good provenance is highly dependent on the existence of documented evidence which proves its ownership, owner identity

Regulatory technologies based around artificial intelligence, big data, blockchain and open standards have the potential to increase standardization across legal jurisdictions

Considerations of data protection and ethics and suggested risk management limitations of RegTech in assessing indirect and reputational risk exposure.

Low cost and infinitely scalable storage and computing costs, advanced algorithms enabled by new ‘cloud computing paradigms’ are now being ‘democratised’.