Deutsche Bank, Cynergy Bank, and Suade experts discuss regulatory transformation and strategic approaches to rapid changes
On 25 January 2024, leading figures from Deutsche Bank, Cynergy Bank, and Suade convened for a crucial 30-minute panel discussion on navigating the rapidly evolving regulatory landscape. The session provided key insights into how regulatory technology (RegTech) and artificial intelligence (AI) are transforming the industry. Experts delved into strategies for adapting to continuous regulatory shifts and selecting the most effective RegTech solutions to enhance compliance and efficiency.
The panel featured Dawd Haque from Deutsche Bank, Mike Coetzee from Cynergy Bank, and was moderated by Samir Dahmani of Suade. Key topics included the impact of RegTech and AI on regulatory processes, the decision-making process for adopting or developing RegTech solutions, and the role of advanced data analytics in regulatory compliance. The discussion also explored whether the Common Domain Model serves as a valuable tool or a potential obstacle for regulatory reporting, offering fresh perspectives on integrating innovative technologies to meet evolving regulatory demand.
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