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RegTech Market Statistics 2020: Size, Recent Trends and Growth Opportunities With Top Key Players - Accuity Inc., IBM Corp., Compendor GmbH, Infrasoft Tech., Actimize Ltd., BWise B.V.
The Objective of the "Global RegTech Market" report is to depict the trends and upcoming for the RegTech Market industry over the forecast years. RegTech Market report data has been gathered from industry specialists/experts. Although the market size of the market is studied and predicted from 2020 to 2030 mulling over 2019 as the base year of the market study. Attentiveness for the market has increased in recent decades due to development and improvement in the innovation.Access Full Summary: https://www.alliedmarketresearch.com/regtech-market
Rise in demand for compliance and regulatory sandbox approach within the financial industry is the key factor to drive the growth of the global RegTech market, owing to RegTech's ability to envision new approaches and ability to streamline Anti-Money Laundering (AML) checks. Increasing government focus on digitization of manual reporting and compliance processes is expected to propel RegTech adoption due to its significant cost saving benefit. The banking, financial services, and insurance sector is expected to anticipate highest adoption of RegTech, owing to its advance functionality, which includes predictive analytics and various analytics tools, and its capability to improve communication and collaboration between institutions and regulators. However, regulatory divergence and concerns associated with cybersecurity and privacy coupled with lack of data standardization are the factors that hamper the global RegTech market growth.
The RegTech market is segmented into application, enterprise size, and region. By application, it is classified into fraud management, identity management, regulatory reporting, regulatory intelligence, and risk & compliance management. On the basis of enterprise size, it is categorized into large enterprises and small & medium enterprises. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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Global Market Players of RegTech Market:
o Accuity Inc.
o IBM Corporation
o Compendor GmbH
o Wolters Kluwer N.V.
o Infrasoft Technologies Ltd
o Actimize (NICE Systems Ltd.
o PricewaterhouseCoopers (PwC)
o Rimes Technologies Corporation
o Deloitte Touche Tohmatsu Limited
o BWise B.V. (SAI Global Pty Ltd.)
o Broadridge Financial Solutions Inc.
o London Stock Exchange Group plc (LSEG).
RegTech Market By Application:
1. Fraud Management
2. Identity Management
3. Regulatory Reporting
4. Regulatory Intelligence
5. Risk & Compliance Management
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Key questions answered in RegTech Market research study:
o What is the market growth rate of RegTech Market from 2020-2030?
o What will be the global market size of the market from 2020 to 2030?
o Who are the leading global players in the RegTech Market?
o What are the current trends and predicted trends?
o What are the challenges faced in the RegTech Market?
o Which will be the niches at which players profiling with thorough plans, financials, and also recent advancements should set a presence?
o Which will be the anticipated growth rates for your own RegTech Market economy altogether and also for every segment inside?
o Which will be the RegTech Market application and types and forecast accompanied closely by producers?
o What are the conclusions of the RegTech Market report?
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About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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