We recently hosted a webinar with Finextra to discuss new research findings conducted with more than 100 respondents from 70+ banks across 20+ countries, which showed:
- Compliance obligations are seriously impacting client experience – particularly collecting new data and documentation (lack of integration is a key culprit)
- Managing the pace of regulatory change is still a major pain point and banks are overwhelmed
- 84% of banks feel their current compliance technologies are not flexible enough to manage future regulations easily.
Our report outlines key areas where RegTech and Client Lifecycle Management solutions can help banks to tackle these challenges going forward.