Prominent Regulatory Reporting Solutions Market Trend for 2025: Revolutionizing Regulatory Compliance With AI-Powered Sustainability Solutions

What Are the Projected Growth and Market Size Trends for the Regulatory Reporting Solutions Market?
The market for regulatory reporting solutions has seen swift expansion in the past few years. The market is projected to expand from $6.75 billion in 2024 to $7.61 billion in 2025, with a compound annual growth rate (CAGR) of 12.7%. The growth observed in the previous period is due to factors such as rigorous regulatory obligations, financial catastrophes and regulatory changes, increasing globalization and transnational transactions, enhancements in operational effectiveness and cost savings, and essential risk management.

The market for regulatory reporting solutions is projected to undergo swift expansion in the coming years, reaching a value of $12.1 billion by 2029 and a compound annual growth rate (CAGR) of 12.3%. The anticipated growth during the forecast period is linked to the internationalization of business practices, an increase in financial occurrences, the rise of fintech and regtech, demands for transparency and accountability, as well as the transition to cloud-based services. Key trends for the forecast period range from automation and AI and unified platforms to real-time reporting, cybersecurity and data privacy, and the implementation of blockchain technology.

What Is Contributing to the Growth of the Regulatory Reporting Solutions Market?
The escalating incidence of fraud is anticipated to fuel the growth of the regulatory reporting solutions market. Fraud encompasses deceptive maneuvers or plots designed to secure financial benefits through dishonest or illegal means. The increased use of digital technology and the internet has boosted social engineering tactics, malware, and hacking techniques, allowing fraudsters to illicitly access confidential information and prey on unsuspecting victims for financial profit. Regulatory reporting solutions play a crucial role in detecting and mitigating fraud by enforcing regulatory compliance and enhancing transparency and accuracy in financial reporting. To illustrate, a UK Finance report from May 2023, a trade association for the banking sector in the UK, revealed that authorized fraud losses amounted to £485.2 million ($616 million), with 207,372 total cases documented in 2022. This is an increase of 6% from 2021, further underscoring the escalating rate of fraudulent activities as a catalyst for the growth of the regulatory reporting solutions market.

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Which Leading Companies Are Shaping the Growth of the Regulatory Reporting Solutions Market?
Major companies operating in the regulatory reporting solutions market are accenture* plc, International Business Machines Corporation, Deloitte Touche Tohmatsu Limited, PricewaterhouseCoopers International Limited, Ernst & Young Global Limited, Oracle Corporation, KPMG International Limited, Fiserv Inc., Fidelity National Information Services Inc., Bloomberg LP, Thomson Reuters Corporation, Broadridge Financial Solutions Inc., Wolters Kluwer N.V., Moody's Corporation, SS&C Technologies Holdings Inc., IHS Markit Ltd., SAS Institute Inc., BearingPoint Holding BV, VERMEG Group, AxiomSL Holdings Inc., Compliance Solutions Strategies (CSS) Holdings Inc., CUBELogic Limited, Cube Software Limited, Encompass Corporation, Meritsoft Limited, Cappitech Ltd., AQMetrics Limited

What Are the Major Trends Shaping the Regulatory Reporting Solutions Market?
Major firms in the regulatory reporting solutions sector are concentrating on workflow automation through the incorporation of technologies such as generative AI capabilities. These technologies assist in compliance management, the simplification of reporting procedures and the reduction of regulatory risks. Regulatory reporting solutions that utilize generative AI functionalities use cutting-edge algorithms to independently generate and propose data mappings and actionable insights within the financial markets. As an example, in March 2024, Sweep, a UK-based sustainability data management platform, introduced its latest innovation in regulatory compliance solutions - Sweepy. This tool employs generative AI capabilities to assist firms in simplifying their compliance with the corporate sustainability reporting directive (CSRD) and additional regulatory obligations. It facilitates data ingestion, suggests financial and impact materiality mappings based on industry benchmarks, and automates non-financial data reporting and disclosure. It also provides AI-based recommendations for business-specific emissions factors and strategies for emissions reduction and sustainability goals achievement. Furthermore, the tool provides AI suggestions to handle irregularities in data entry that could potentially compromise compliance and audit processes.

What Are the Key Segments of the Regulatory Reporting Solutions Market?
The regulatory reporting solutions market covered in this report is segmented -

1) By Solution: Regulatory Reporting Software, Services
2) By Enterprise Size: Small And Medium Enterprises, Large Enterprises
3) By Application: Financial Institutions, Banking, Information Technology (IT) And Telecommunication, Other Application

Subsegments:
1) By Regulatory Reporting Software: Automated Reporting Software, Real-Time Reporting Solutions, Cloud-Based Regulatory Reporting Software, Data Integration And Analytics Tools, Risk And Compliance Reporting Software, Financial And Tax Reporting Software
2) By Services: Consulting Services, Implementation Services, Managed Services, Audit And Compliance Services, Training And Support Services, Data Management And Integration Services


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Which Region Dominates the Regulatory Reporting Solutions Market?
North America was the largest region in the regulatory reporting solutions market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the regulatory reporting solutions market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Regulatory Reporting Solutions Global Market Report?

- Market Size Analysis: Analyze the Regulatory Reporting Solutions Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Regulatory Reporting Solutions Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Regulatory Reporting Solutions Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Regulatory Reporting Solutions Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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