Regtech explores ways to simplify compliance and enable business optimisation by using technology and data analytics to enable faster and more cost-effective regulatory compliance. It also enables the development of secure and compliant data-driven RegTech products and services leading to business growth.
The Regtech Forum at Strathclyde is an international community of interest involving practitioners, academics and regulators established to share experiences, to consider challenges and to explore developments in financial regulation and compliance. The forum is hosted by the Centre for Financial Regulation and Innovation at The University of Strathclyde and typically meets as a group on the final Friday of each month.
A key goal of the Forum is to enable a demand led innovation lab to drive responsible innovation and unleash the power of cross sector learning to drive the effective application of RegTech solutions in financial services and other regulated markets. The Forum and the related Regtech Alliance have held a number of events and have released a publication on the role of data utilities in financial crime and financial inclusion.
Financial Regtech providers could be broadly divided into technology horizontal providers and providers focused on key financial services applications. In addition Regtechs also operate in other sectors. The table below lists these broad areas together with examples of Regtechs linked with the Regtech Forum.
| Practitioners | |
| Technology Horizontals | Data Flow: Obashi Security by Design: Quorum Cyber, Verimatrix Privacy by Design: Trace, Regulation Identity by Design: Amiqus Data Integrity: Hoptroff |
| Core Financial Services Applications | KYC/Identity Management: Encompass Digital Regulatory Reporting: Autorek, Corlytics Financial Crime/AML:, FinCrime Dynamics ESG: Grant Thornton, CienDos CBDC/Crypto Zumo |
| Other Verticals | Space: Trade in Space Datacenters/Deep Learning: Gensyn Design of information management systems relates to Digital Twins and the Gemini Principles Digital Twins ESG |
Driven by a desire to deliver impact and value through ‘real collaboration’, Ian is focused on bringing people together to solve shared problems in financial services. With a strong focus on delivering commercial value, he has a strong desire to break down barriers to collaboration and to accelerate the adoption of technology and data driven solutions in the industry to deliver better outcomes for all.
He is Founder of FinTech-Tables, a leading ecosystem and go to market consultancy in financial services and FinTech. He is a facilitator of action change within the industry. Founder and Chair of the RegTech, ClimateTech, FinSec and Data Impact Leadership Forums, he has been instrumental in connecting leaders from a range of disciplines and in creating pathways for new partnerships to form.
