RegTech in Jersey: Closing the gap between ambition and reality

A mixed methods research project consisting of a quantitative survey and in depth qualitative interviews with Jersey Financial services firms found that firms have a ‘fear factor’ surrounding the adoption of RegTech solutions, and suggests that more could be done by the industry and the regulator alike to remove these barriers. 

Download this report to learn about

  • The levels of RegTech awareness
  • Attitudes towards RegTech, use of RegTech, perceived barriers to greater RegTech adoption
  • Measures that would be most helpful in addressing these barriers.

2021: A Critical Year for RegTech

We are very proud to have partnered with the City of London Corporation on this comprehensive research report on the UK RegTech market. With fieldwork conducted in Q4 2020, this report sheds light on how well the RegTech industry is performing, the impact of COVID-19 and some of the barriers to the adoption of innovative regulatory and compliance technology within the financial services sector.

The UK RegTech industry is at a key moment in its development – it is an industry which is scaling rapidly and more needs to be done to better support the sector to grow and thrive, adding value to broader financial services and the UK economy.

The City of London Corporation commissioned this research to investigate the barriers to innovation and adoption of RegTech and to learn how international best practice for enhancing competitiveness in this sector could be applied in the UK.

The report itself contains:

  • A thorough overview of RegTech as an industry – its size, the types of firms it comprises and the growth prospects in the UK and beyond
  • Detailed analysis of the barriers to the adoption of RegTech – not just from the perspective of the vendors but also regulators and financial institutions
  • Ten key challenges which the UK RegTech industry needs to overcome
  • A set of recommendations aimed at key stakeholders and policy-makers

The UK and Ireland RegTech Market

RegTech Associates, in partnership with The New South Wales (NSW) Government and The Australian Trade and Investment Commission (Austrade), have created an essential guide to entering the UK and Ireland market.

Download this report and read about:

  • An overview of the UK and Ireland RegTech market
  • The strengths and challenges of the UK and Ireland market
  • The regulatory environment
  • A comparison with the Australian market
The UK&Ireland RegTech Market report cover

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