Regtech Trends 2023 Key Topics for This Year and Beyond
What does 2023 hold in store for financial institutions?
After a significant year of regulatory headwinds, fines, judgements, and crypto collapses, even more changes are sure to be on the horizon in the regtech space. With an eye on that horizon, experts from Hawk AI and our partners have assembled important topics and predictions for the future of regulatory technology in 2023 and beyond.
In this white paper, we explore the following topics and describe how technology might change to meet these unique challenges:
- FRAML
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Customer Risk Rating
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Cloud Solutions and Scalability
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Real-time Monitoring, Reporting, and Decisioning
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Network Analysis
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Data Privacy
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Cryptocurrency
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Explainability, Auditability, and Model Governance
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Model Validation
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Regulatory Reporting
Learn more about what these technological changes could mean for your organization, so you can be ready for what's coming next.
"More and more financial institutions are recognizing the benefits of using advanced tools to assess the risks associated with their customers."
BUILT IN GERMANY WITH DEEP INDUSTRY KNOWLEDGE
EFFECTIVE
AI helps your exports spot anomalies and detect unknown crime patterns
EFFICIENT
70% false positive reduction, your team can focus on priority tasks
EXPLAINABLE
All stakeholders can easily understand and trust out system's results
EASY TO DEPLOY
Built with deployment options that can be customised to your needs.
Further Solutions
Transaction Monitoring
Monitor any transaction for red flags using a comprehensive set of rules in combination with Behavioral Analytics.
Customer Screening
Screen customers against Sanctions, PEP, watchlists, and adverse media during onboarding and thereafter.
Customer Risk Rating
Dynamically score customer risk using internal and external data. Add behavioral analytics for richer context.
Payment Screening
Screen counterparties against Sanctions and Country lists in real-time. Cleanse data and tune name-matching.
