Originally written by Rhea Wessel – CFA Institute – Can Regtech Firms Build a Higher Standard of Compliance?
As compliance challenges grow more complex and failures more costly, managers need new solutions, but technology can’t replace integrity.
Key Points
- Regulatory technology, or “regtech,” is being used to automate workflows for monitoring and disclosure.
- Transparency and disclosure will be important for future business models, according to a recent CFA Institute report.
- “Instead of putting the regulation first, put the ethical conduct that your client expects first,” says Glenn Doggett, CFA.
