North American regulatory technology market is anticipated to grow at a significant CAGR of 16.2% during the forecast period. The North American regulatory technology market comprised on several North American market players such as Ascent Technologies, Inc., Broadridge Financial Solutions, Inc., Chainalysis, Inc., Deloitte AG, Elliptic Enterprises Ltd., and Forter among others. These players are focusing on launching innovative regulatory technology solution to minimize the compliance cost of different industries. Some on the major regulatory technology solution launches in the regulatory technology market include-
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- In April 2021, Ascent Technologies Inc. has introduced a new change management solution for companies to keep them up-to-date with regulatory changes. Powered by AI technology, the solution will automatically deliver regulatory updates to the customer and shows them how this change will impact their daily compliance activities.
- In November 2019, BearingPoint a global provider of innovative Regulatory and Risk Technology solutions has announced its plans to build a new service offering. The new service offering was aimed at achieving significant economies of scale for participating banks and financial service providers through a digital, fully integrated and automated “regulatory reporting factory”.
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Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Segment Covered-
- By Solution
- By Deployment Model
- Competitive Landscape- Ascent Technologies, Inc., Broadridge Financial Solutions, Inc., Chainalysis, Inc., Deloitte AG, Elliptic Enterprises Ltd., and Forter
North American Regulatory Technology Market Report Segment
By Solution
- Risk Management
- Transaction Reporting & Monitoring
- Customer Identification and AML/KYC
- Regulatory Intelligence
By Deployment Model
- Cloud Based
- On-Premises
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
