RegTech – 监管技术

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“RegTech,” dubbed “the new FinTech,” has rapidly ascended from complete obscurity into prominence. RegTech is pretty much what it says on the tin (at the risk of sounding too simple). It is the use of new technology to enable the delivery of regulatory requirements. This wedding of technology and regulation is not new. But it is becoming more and more important as levels of regulation rise and attention to data and reporting increases.

The increase in investment in RegTech is because of companies having to deal with growing levels of regulation that have come into force in 2012. These include Know Your Customer, Anti Money Laundering, Basel III, the second Markets in Financial Instruments Directive (MiFID II), and the second Payment Services Directive (PSD2).

监管科技机遇

Companies are boosting their RegTech applications and systems so they can do more. They are enhancing the current tools in ways that release substantial advances in data management and automation. These improvements are informing breakthrough enhancements across the complete range of asset managers’ back-office functions – and more and more middle-office processes as well.

专家一致认为，监管科技将在交易账簿基本审查 (FRTB) 中发挥重要作用。它将帮助公司找到更明智的方法来应对监管挑战。监管科技还表明，它符合了解客户监管报告 (KYC) 和通用数据保护条例 (GDPR)。

目前在风险管理和监管科技方面最有前景的技术可分为以下几类：

• 数据分析——检查大量非结构化和结构化数据以检测模式并提供业务洞察
• 人工智能与认知陈述——捕捉和应用人类知识和经验的能力
• 机器学习——通过仔细审查大量数据集来推断业务规则。

监管科技挑战

Budding RegTech companies face challenges such as disinclination by data providers to comply, and competition from big consultancies. The fast-paced growth of a number of RegTech companies and the fact that they are more cost-effective, agile, and can more easily adjust and push the innovation that is sweeping the sector makes it likely that they can meet these challenges.

Substantial obstacles exist in adopting new solutions and technologies because the confidentiality of data trumps regulatory reporting. Financial institutions must prioritize shielding the privacy of clients’ data before adopting any compliance solution. The challenge lies in ensuring that regulations strike an appropriate balance between protecting privacy and security, and effective data use.

法规的层级结构带来了另一个挑战。法规错综复杂、各式各样，而且涉及多个学科。某些法规仅适用于国家需求。另一个挑战是监管机构之间缺乏明确的解决方案，无法确定应采用哪些正确的解决方案和标准。这是一个挑战，因为它往往会造成不确定性。

市场研究如何提供帮助

The RegTech market is massive. Market research is important because finance industry players want to get more value from technology with fewer dollars spent. Market researchers can scout the industry for new technologies that can be applied to banks and other financial institutions’ regulatory infrastructures. They can see which RegTech solutions offer the best means for overburdened firms to provide regulators with the data they require in a way that is faster, better, safer, and cheaper for all.

RegTech 有可能通过人工智能过滤器和深度学习提供近乎实时的洞察。它可以提前监控容量并检测故障，而不必让客户事后采取强制措施。RegTech 市场潜力巨大，但它仍处于早期阶段，很少有记录在案的案例研究来显示其投资回报。

RegTech will continue to build on the gains it has made so far. This growth will come from new tools being built to serve the specific requirements of regulated companies both within and outside the financial services industry. It’s safe to say the insurance sector will get special attention. There will be more partnerships between current financial institutions and next-generation technology providers, supporting an environment of greater innovation, which will lead to even more growth within the next few years.