As technology continues to evolve each passing day, there are various impressive changes to RegTech on the horizon. Regardless of whether it’s making identity verification more straightforward for clients, utilizing AI to detect fraud, or blockchain technology to prevent money laundering, RegTech industry is exploring new dimensions of technology. Banks have started to explore RegTech’s capability to assist them in staying aware of the appeal of consistent financial regulations changes and is expected to see more development in the years ahead.
Financial institutions, banks, and other regulated entities are deploying RegTech solutions customized according to industry risk assessments to avoid substantial penalties. Also, in a time of exalted regulatory pressure, RegTech consulting specialists are presenting governance and compliance offerings to ensure the viable performance of activity and business for financial institutions. In 2020, the cloud is expected to become core to deliveries in regulatory compliance as RegTech deployment on the cloud is picking up speed. Creative cloud-based services are taking shape, as the RegTech gets a strong foothold within the compliance landscape.
Additionally, the persistent digital transformation of regulations creates a steady position as digitalizing-text-based compliance manuals into compelling digital regulatory data emerges as a powerful facilitator. The automation of compliance will also minimize the risks of human error, reduce operational costs, and supervisory controls by proving a robust system of compliance and organizational agility. While ROI is a standard benchmark for business performance, RegTech is fast becoming imperative for measuring the regulatory impact and viability of business decisions and commercial initiatives. With the right solutions in place, high-risk factors can be determined at the click of a button.
This edition of APAC CIO Outlook comprises a list of leading RegTech players to help companies navigate through the best-of-breed service and solution providers. The enlisted organizations are transforming processes and services at the convergence of several disruptive technologies. Besides, the edition also comprises insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for the aspiring CXOs.
We present to you APAC CIO Outlook’s “Top 10 RegTech Consulting/Services Companies - 2020”
Top 10 RegTech Consulting/Services Companies - 2020
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Top RegTech Consulting/Services Companies
Gresham International
Gresham International is a leading Cryptocurrency & Security Token Compliance and Legal Services company. International is considered to be the largest crypto-only legal service firm. Their clients include companies that work in the Crypto/ST space and companies looking to raise funds through Crypto/ST’s. Gresham International has worked with governments, including the UK Crypto Taskforce, Dubai, Malaysia, and submitted MOU’s to Bolivia and Paraguay. Furthermore, they have helped clients raise over $800 million
Aliat Legal
Aliat Legal is a full service intellectual property and business law firm, with a head office in Ho Chi Minh City and other offices in Hanoi City, Ha Tinh City, Can Tho City, Vietnam and Phnom Penh, Cambodia. Since being established in 2005 the company have built a strong reputation in the region by helping clients achieve their commercial goals. Aliat Legal combines deep local knowledge with international standards of expertise to provide local and international clients with quality specialist advice and consultancy services in corporate & investment, intellectual property and healthcare regulatory affairs
Baker Tilly
Baker Tilly is a leading CPA firm that provide audit, tax, accounting and advisory services to SMEs, private businesses, and listed companies in Hong Kong and abroad. This is made possible by the compan's team of 300 great people, all of whom are committed to excellence in all their practice areas
CompliancePlus Consulting
CompliancePlus is a leading and award-winning compliance consulting firm offering proactive and practical compliance solutions and recommendations to fund managers, asset management companies and various types of financial institutions to meet their compliance obligations and to conform to their local regulatory requirements in Asia and around the world
DLA Piper
DLA Piper is a global law firm capable of taking care of the most important legal needs of clients wherever they do business. With offices throughout the Americas, Europe, the Middle East, Africa and Asia Pacific, the company represent more clients in a broader range of geographies and practice disciplines than virtually any other law firm in the world
Hamedi
Hamedi (abbreviated from Ha Nam Medicines Joint Stock Company) is one of the pioneers in Vietnam’s pharmaceutical industry sector, and has been serving the country’s healthcare system over the last two decades. The company develops, formulates and markets high quality generics at its state-of-the-art cGMP compliant manufacturing facility based in Ha Nam Province, which is the industrial hub of north area of Vietnam
Jacksoft
Jacksoft focuses on the innovation of computer auditing, enterprise risk management, and Forensics Accounting technology. The company is grateful for the assistance and research grants support provided by Incubation Center, Small and Medium Enterprise Administration , Ministry of Economic Affairs, Taiwan; National Science Council, Taiwan; and Department of Commerce, Ministry of Economic Affairs, Taiwan over several years
Nuclear Australia
Nuclear Australia is a specialized company that provides radiation based products and engineering services to the medical, industrial, defense and research industry sectors. The company supports their customers, in Australia and around the globe with their team of professionals across key scientific and engineering disciplines, which include health physicists, electronic, computer systems mechanical and structural simulation engineers
Pullman Financial Services
Pullman Financial Services Limited is a specialist governance, risk and compliance consultancy firm that provides independent regulatory compliance consulting and advisory to financial services firms in Hong Kong. The company handles complex compliance consulting projects for financial services firms, with experiences in dealing with the SFC, HKMA, HKEx and CSRC. Pullman Financial Services provide independent, practical and unbiased advice on financial industry related regulatory and compliance issues
Sci-chem
Sci-chem Labs is an Australian healthcare company focused on providing complete commercialisation solutions and services through formulations & product development, process & quality controls, regulatory approvals, clinical research, contract manufacturing and Marketing. Sci-chem can also facilitate Patent Protection for clients IP
