Even though Bitcoin is not an official financial instrument today, it’s fair to say that future trading and growing investor interest in digital currencies will eventually drive new regulations.
Evolving regulatory requirements are creating more challenges for financial institutions around the globe. One operational challenge that plagues firms of all sizes is trade reconstruction.
Data quality is the foundation on which all automated, intelligent applications are built. Without quality data, there’s no basis for intelligent applications in financial compliance.
Artificial Intelligence (AI) has become a hot topic in RegTech. This blog aims to clarify the difference between AI and Machine Learning (ML), and to explain some of the complexities of implementing these technologies in compliance applications.