It is predicted that regulations in the financial services sector will increase with more demand to oversee data, reporting and operation processes. Global financial institutions with locations in different jurisdictions are already faced with the nightmare of having to comply with varying regulatory requirements. Banks, fund managers, and other financial institutions are keen on partnering with RegTech startups to help them deal with the growing regulatory and compliance demand. The fact that RegTech is cloud-based helps to spread its application across the world with low barriers to entry. As such, there are numerous opportunities for growth in the sector. Already, there are numerous RegTech startups worth following but this article brings you some 10 top such startups in Europe.
Suade Run by Diana Paredes, a former trader, Suade focuses on prudential regulation particularly with respect to Basel III and Mifid II. Suade’s products include a platform for scenario testing for liquidity management and a stress testing platform for capital requirements.
For the original article, click here