Global RegTech market analysis major competitor and strategies regional outlook 2020 to 2027

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RegTech Market To Reach USD 21.73 Billion By
2027
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Market Summary
The global RegTech market is expected to reach
USD 21.73 Billion by 2027, according to a new
report by Reports and Data. RegTech is beneficial
in helping financial institutions in the
management of regulatory processes within the
financial industry through technology. Various
challenges faced by financial institutions in
risk management and RegTech, by way of
digitization and automation, delivers an
economical solution to resolve such challenges
and comply with the regulatory standards. It
assists financial institutions in the collection
of data and automatic generation of reports in
accordance with the format and schedule mandated
by numerous regulatory bodies. Moreover, it
reinforces the regulatory and supervisory
capability of the regulators by making effective
use of data in a unified format to supervise the
rapid developments in the sector. Read More
https//www.reportsanddata.com/report-detail/regte
ch-market
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Market Summary
Key participants include Deloitte, ACTICO, IBM
Corporation, Broadridge Financial Solutions, PWC,
McAfee, London Stock Exchange Group, Thompson
Reuters, Jumio, and NICE Actimize, among
others. Organization Size Outlook (Revenue, USD
Million 2017-2027) Small Medium-Sized
Enterprises, Large Enterprises Deployment Model
Outlook (Revenue, USD Million 2017-2027) On-Premi
se Deployment, Cloud-Based Deployment Application
Outlook (Revenue, USD Million 2017-2027) Risk
Compliance Management, Identity Management,
Regulatory Reporting, Fraud Management,
Regulatory Intelligence
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