Regulatory Technology (RegTech) Market 2019
Published on: 28 August 2019 E-mail help@24marketreports.com
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• Regulatory technology, also known as a "RegTech" is a new field within the financial services industry that utilizes information technology to enhance regulatory processes.
Regulatory Technology (RegTech) Market Overview
• The adoption of RegTech is the highest in Europe owing to strict and mandatory rules and directives for financial transactions and data protection. The cloud deployment mode offers enterprises to opt for SaaS on a subscription basis as per usage rather than incurring costs on hardware and infrastructure. • The global Regulatory Technology (RegTech) market is valued at 1370 million USD in 2018 and is expected to reach 4060 million USD by the end of 2024, growing at a CAGR of 24.2% between 2019 and 2024.
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Regulatory Technology (RegTech) Market
By Region
United State
Europe
China Japan India
Southeast Asia
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Regulatory Technology (RegTech) Market
By Application
Small and Medium-sized Enterprises (SMEs) Large Enterprises
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Risk Management Identity Management & Control Compliance Regulatory Reporting Transaction Monitoring
Key manufacturers covered Bearingpoint MetricStream NICE Actimize Broadridge Traiana Finastra Targens GmbH Acin Fenergo Accuity Lombard Risk
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