"RegTech describes tasks (regulatory, governance, fraud prevention, compliance, IT security, corruption, ethics, risk and other regulatory tasks) in an organization that are solved with the use of modern, computer-based, digital technologies through automation, simplification and innovative improvement in a positive business sense."
The classification of RegTechs application
The classification of RegTechs application areas by RegTech Impact serves as an orientation and is not complete
.01
Financial Crime
.02
Reporting
.03
Market Integrity and Transparency
.04
Compliance Management
.05
Identity and Privacy
.06
Cybersecurity
.07
Risk Analytics
.08
Data Management
.09
ESG
.10
Tax Compliance
- Product Compliance
- Compliance Training
- Marketing Compliance
- Supply Chain Risk
- Facility/Building Safety
- Food safety
- Workplace Health and Safety
- Anti-bribery Complikance and Other