The finance Industry in South Africa has been at the forefront of technology adoption and innovation globally. Regulatory Technology is quickly changing the future of Regulatory Compliance and Risk Management in Financial Services. Emerging technologies such as (Artificial Intelligence, APIs, Block Chain and Distributed Ledger) will enable financial services to reduce their compliance costs, automate compliance processes and increase their competitive advantage.
In order for financial institutions to remain competitive and relevant, they would have to conjointly leverage technology with other departments, such as IT, in order to improve their compliance.
The first ever Southern African conference will encompass discussions including, key challenges in the adoption of regulation technology for banks, the need for financial institutes to leverage the power of regulation technologies, keeping ahead of Innovation in risk management, the Implementation of customer authentication measures to protect customers and secure transactions, the impact of PSD2 in Financial Institutes and outlining business benefits of using cloud computing for Financial Institutes as well as how to enhance regulation technology with Data Analytics, Machine Learning and AI.
The objective of this conference is to bring together all the stakeholders in the Financial Institutes and Service providers, to address the critical issues that affect every Financial Institution and discuss and investigate new trends, developments and challenges and identify the correct solutions in the adoption of Regtech.