By Susannah Hammond and Mike Cowan, Regulatory Intelligence, Thomson Reuters
2020 has been a year of a digital transformation and
acceleration to meet the challenges of the COVID-19
pandemic.
By necessity and by design firms have implemented the roll-out of technology, often at speed, to enable business activities to continue as countries went into lockdown.
The applications that are covered by the term fintech are fast becoming part of financial services firms’ identity. In a marketplace that is still maturing, the question is whether corporate governance and the culture of financial services firms have kept up to pace with this new tech.
Thomson Reuters Regulatory Intelligence’s (TRRI) fifth annual survey on fintech, regtech and the role of compliance explores these issues.
This year’s survey results represent the views and experiences of more than 400 compliance and risk practitioners.