How RegTech is Revolutionising Compliance Across Multiple Sectors
Published by managementtoday.co.uk (14 Sep 2018)
Proponents of regulation technology say it can revolutionise compliance, and the UK is where much of the action is.
While the majority of regtech companies serve the financial services, the principle can be applied to just about any sector that needs to maintain some level of compliance, from insurance to FMCG and even automotive.
Impendulo, for example, is a London based tax and compliance consultancy. Founded in 2010, it has developed a range of cloud based TACT (tax and compliance tools) specifically for the insurance market. The software gives clients real time access to multiple sources of global insurance regulation, enabling them to track regulatory changes and forward plan more efficiently.