What is RegTech? This question was answered by Aaron Dunn, Managing Director of The SMSF Academy, at the recent BGL RegTech conference in Brisbane.
“So you may be thinking: what is RegTech, or Regulatory Technology?”
“It is, in essence, the change of an industry that is being rapidly impacted by technology. And whilst we’ve seen technology play a role in the financial services sector for many years, it is against this backdrop of change that we’re seeing RegTech come in to its own,” Mr Dunn told the conference.