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Regtech, or Regulatory Technology, is a type of software that helps organizations comply with regulations. It is used to automate processes, such as risk management, compliance monitoring, and reporting. Regtech solutions can help organizations reduce costs, improve efficiency, and reduce the risk of non-compliance.
Regtech solutions are used by a variety of organizations, including banks, insurance companies, and other financial services providers. They are also used by government agencies, such as the Securities and Exchange Commission, to monitor and enforce regulations.
Regtech companies include AxiomSL, ComplyAdvantage, Encompass Corporation, Fenergo, NICE Actimize, OpenFin, RegTech Associates, and RegTech One. These companies provide a range of services, including compliance monitoring, risk management, and reporting. Show Less Read more