Regnology Description
Regnology's international RegTech Factory is a digital, fully integrated, and automated "reporting machine" that helps banks and financial service providers achieve significant economies of scale. Revenues are under enormous pressure due to the low interest rate environment, digitalization, new competitors, and other factors. Financial service providers have to comply with growing regulatory requirements in Europe. These regulatory costs are huge. Financial players need to consider new models of cooperation and industrialization. Standardization, industrialization, automation are all viable ways to exploit economies of scale across borders. Regnology is breaking ground in Europe with the RegTech Factory and significantly expanding the range of actions banks can take.
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