September 27, 2017

RegTech is a buzzword that’s used more and more often. Essentially it is a field in which technology companies, (financial) institutions and regulators cooperate to use technology – think big data, cloud computing, DLT and artificial intelligence – in a regulatory context.

One of the upcoming players is RegPac Revolution which offers an Ecosystem and Knowledge Sharing Platform. It has both a digital and physical presence that strives to co-create with like-minded professionals as well as collaborate with the financial services industry, government bodies and regulators to engage in multilateral and bilateral initiatives.

It launched last week and on the 15th of September, the first of a series of bi-monthly Roundtable Events was co-hosted with Deloitte Singapore with participants from regtech companies, consultancy and law firms.

The Asia Risk Congress was held on the 27th – 28th September with an AML/KYC  workshop and several multi-lateral partnership agreements will be announced in the next few weeks; the first being that RegPac Revolution has signed a co-operation agreement with RegTech Canada to collaborate on the development of cross-border Regulatory Technology initiatives.

Besides international partnerships, RegPac is collaborating with Aon Inpoint for an event on 30th of October that will have around 100 participants from carriers, clients and professionals holding senior positions in insurance.

RegPac will also be participating in this year’s Singapore FinTech Festival. No doubt RegTech – like FinTech – will have a potentially disruptive influence on the playing field. RegPac is a platform and brings players together – you can follow RegPac on their social link or subscribe to stay updated with the platform.