The first RegTech Markets event in 2018 was a retrospective on the last 12 months: charting the positives and negatives of RegTech’s rise across 2017.

On Tuesday January 16th We welcomed an intimate selection of 35 RegTech Market community members to a new event space in Second Home, where the agenda was all about lessons learned.

RegTech Markets co-founders Michael Wilson and Jason Boud hosted two 30-minute panels of 3 industry experts each, who debated the ups, and downs, of RegTech’s journey to prominence. Key insights included the fact that:

  • The sales cycle continues to stretch across 12-18 months – meaning that not many RegTech deals have actually closed
  • The sheer volume of RegTech innovators makes it challenging for purchasing financial institutions to identify the correct fit for their business
  • Conversely, RegTechs find it difficult to connect with ‘centurions’ with target organisations who can champion a particular technology or offering internally
  • Solutions must solve business needs to be successful – innovation cannot be for innovation’s sake

Many thanks to our panelists:

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