Episode EP.4
Maveric Banking Edge Podcast Series.
Tune into Experiences Delivered by Global Experts – E.D.G.E
Strategic Digital Marketing Insights for Customer Retention.
Host
P VENKATESH
Director, Thought Leadership
Maveric Systems
Speaker
PJ DI GIAMMARINO
CEO
JWG
Deepak Bhatter
Independent Consultant - Risk management & Regulatory compliance
Asian Development Bank
Also available on
Tune into Experiences Delivered by Global Experts – E.D.G.E
Host
Speaker
Strategic Digital Marketing Insights for Customer Retention.
Also available on
P VENKATESH
Director, Thought Leadership
Maveric Systems
PJ DI GIAMMARINO
CEO
JWG
Deepak Bhatter
Independent Consultant - Risk management & Regulatory compliance
Asian Development Bank
Regulatory focus intensified after the Great Financial Crisis, impacting the maturity profile of Financial Institutions – large and small. As deep tech permeates, Fintechs emerge, data standards evolve, and regulators revisit operational standards, the industry faces a renewed granular focus on financial risk.
Listen to the podcast to understand:
- Why are the shifts in Regulatory Realignment termed a Rude awakening? Integrating deep tech advances for Financial Institutions is not just about reshaping risk management but also redefining regulatory compliance and supervision – a reality that most are ill-prepared for.
- What are the top three priorities that C-Level Executives face daily? As Financial Institutions face multifaceted challenges in adapting to regulatory changes, the key to navigating this landscape is to create a fresh understanding of compliance and collaborate with regulators, peers, and RegTech providers.
- Are the Compliance challenges structural or competency or an intent issue? Uniting various aspects of Regulatory Operations and successfully Implementing RegTech relies on an organizational culture that encourages real-time integration and transparency.
Podcast Recommendations.
“Since the term ‘RegTech’ was coined in 2011, we have come a long way. The sector is now a teenager, and not a toddler. While the appetite is high, much of RegTech's success will depend on how many parallel conversations we have with our partners, peers, and providers.”
PJ DI GIAMMARINO
“RegTech is not a magic pill. The implementation success increases as our sector understanding deepens. It is essential to weigh the critical fronts for the various risk types – financial, non-financial, ML, or ESG – such as digital investments and fit-for-purpose infrastructure. Only then can banks make informed choices of the emergent technologies like AI, APIs, Cloud, or LCNC platforms. We are traversing exciting times.”
Deepak Bhatter
