TABLE OF CONTENTS
1 INTRODUCTION 14
1.1 OBJECTIVES OF THE STUDY 14
1.2 MARKET DEFINITION 14
1.3 MARKET SCOPE 15
1.4 YEARS CONSIDERED FOR THE STUDY 16
1.5 CURRENCY 16
1.6 STAKEHOLDERS 17
2 RESEARCH METHODOLOGY 18
2.1 RESEARCH DATA 18
2.1.1 BREAKDOWN OF PRIMARIES 19
2.1.2 KEY INDUSTRY INSIGHTS 20
2.2 MARKET SIZE ESTIMATION 21
2.3 REGTECH MARKET: RESEARCH ASSUMPTIONS 22
2.4 LIMITATIONS 23
3 EXECUTIVE SUMMARY 24
4 PREMIUM INSIGHTS 27
4.1 ATTRACTIVE OPPORTUNITIES IN REGTECH MARKET 27
4.2 REGTECH MARKET IN NORTH AMERICA, BY APPLICATION AND COUNTRY 28
4.3 REGTECH MARKET GROWTH IN MAJOR COUNTRIES 29
5 MARKET OVERVIEW AND INDUSTRY TRENDS 30
5.1 INTRODUCTION 30
5.2 MARKET DYNAMICS 30
5.2.1 DRIVERS 31
5.2.1.1 Increased cost of compliance 31
5.2.1.2 Regulatory sandbox approach 31
5.2.1.3 Lower entry barriers for SaaS-based offerings 31
5.2.2 RESTRAINTS 32
5.2.2.1 Regulatory divergence 32
5.2.3 OPPORTUNITIES 33
5.2.3.1 Application of Artificial Intelligence (AI), machine learning, and blockchain to offer new efficiencies in compliance 33
5.2.4 CHALLENGES 33
5.2.4.1 Cybersecurity and privacy 33
5.2.4.2 Lack of data standardization 34
5.3 INDUSTRY TRENDS 34
5.3.1 FINANCIAL ACTS AND REGULATIONS 34
6 REGTECH MARKET, BY APPLICATION 37
6.1 INTRODUCTION 38
6.2 RISK & COMPLIANCE MANAGEMENT 39
6.2.1 INCREASE IN THE REGULATORY AND COMPLIANCE MANDATES TO DRIVE THE RISK & COMPLIANCE MANAGEMENT 39
6.3 IDENTITY MANAGEMENT 40
6.3.1 ADOPTION OF AI TECHNOLOGY FOR SECURED IDENTITY VERIFICATION 40
6.4 REGULATORY REPORTING 40
6.4.1 INCREASE IN THE MONITORING OF THE AUDIT PROCESS 40
6.5 FRAUD MANAGEMENT 41
6.5.1 FINANCIAL INSTITUTIONS ARE FOCUSSING MORE ON AVOIDING FINANCIAL FRAUDS 41
6.6 REGULATORY INTELLIGENCE 42
6.6.1 DATA ANALYTICS IS THE KEY COMPONENT IN THE REGULATORY INTELLIGENCE 42
7 REGTECH MARKET, BY ORGANIZATION SIZE 43
7.1 INTRODUCTION 44
7.2 LARGE ENTERPRISES 45
7.2.1 HIGH COMPLEXITIES IN REGULATORY ADHERENCE IS DRIVING THE ADOPTION OF REGTECH 45
7.3 SMES 46
7.3.1 HIGH ADOPTION OF TECHNOLOGY IS DRIVING THE REGTECH GROWTH 46
8 REGTECH MARKET, BY REGION 47
8.1 INTRODUCTION 48
8.2 NORTH AMERICA 49
8.2.1 US 50
8.2.1.1 High compliance cost is driving the demand for RegTech solutions 50
8.2.2 CANADA 50
8.2.2.1 Identity management is a major focus area for regulators 50
8.3 EUROPE 51
8.3.1 UNITED KINGDOM 52
8.3.1.1 Brexit impact will positively impact the RegTech landscape 52
8.3.2 GERMANY 52
8.3.2.1 High funding raised by FinTech companies is driving RegTech developments 52
8.3.2.2 Rest of Europe 53
8.4 ASIA PACIFIC 54
8.4.1 CHINA 55
8.4.1.1 high technological spending will drive regtech adoption 55
8.4.2 AUSTRALIA 55
8.4.2.1 growing number of regtech startups is driving the market growth 55
8.4.3 REST OF ASIA PACIFIC 56
8.5 REST OF THE WORLD 57
8.5.1 UNITED ARAB EMIRATES (UAE) 57
8.5.1.1 KYC adoption is expected to drive the market 57
8.5.2 BRAZIL 58
8.5.2.1 blockchain adoption will drive the regtech market 58
8.5.3 SOUTH AFRICA 58
8.5.3.1 KYC compliance is a major focus area for financial institutions in South Africa 58
8.5.4 OTHERS 58
9 COMPETITIVE LANDSCAPE 60
9.1 OVERVIEW 60
9.2 MARKET RANKING ANALYSIS FOR THE REGTECH MARKET 61
9.3 COMPETITIVE SCENARIO 61
9.3.1 NEW PRODUCT LAUNCHES 61
9.3.2 AGREEMENTS AND PARTNERSHIPS 62
9.3.3 BUSINESS EXPANSIONS 63
9.3.4 MERGERS & ACQUISITIONS 64
10 COMPANY PROFILES 65
(Business overview, Solutions offered, Recent Developments, SWOT analysis, MNM view)*
10.1 ABSIDE SMART FINANCIAL TECHNOLOGIES 65
10.2 ACCUITY 66
10.3 ACTICO 67
10.4 ALTO ADVISORY 68
10.5 BROADRIDGE 69
10.6 COMPENDOR 72
10.7 COMPLIANCE SOLUTIONS STRATEGIES (CSS) 73
10.8 DELOITTE 74
10.9 EASTNETS 77
10.10 FENERGO 78
10.11 IBM 79
10.12 INFRASOFT TECHNOLOGIES 82
10.13 JUMIO 83
10.14 LOMBARD RISK 84
10.15 LONDON STOCK EXCHANGE GROUP (LSEG) 85
10.16 METRICSTREAM 88
10.17 NASDAQ BWISE 90
10.18 NICE ACTIMIZE 91
10.19 PWC 92
10.20 RIMES TECHNOLOGIES 94
10.21 SAI GLOBAL 95
10.22 SYSNET GLOBAL SOLUTIONS 96
10.23 THOMSON REUTERS 97
10.24 TRULIOO 100
10.25 WOLTERS KLUWER 101
*Details on Business overview, Solutions offered, Recent Developments, SWOT analysis, MNM view might not be captured in case of unlisted companies.
11 APPENDIX 103
11.1 DISCUSSION GUIDE 103
11.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 106
11.3 AVAILABLE CUSTOMIZATIONS 108
11.4 RELATED REPORTS 108
11.5 AUTHOR DETAILS 109
TABLE 1 UNITED STATES DOLLAR EXCHANGE RATE, 2015–2017 16
TABLE 2 REGTECH MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION) 38
TABLE 3 RISK & COMPLIANCE MANAGEMENT: REGTECH MARKET SIZE, BY REGION,
2016–2023 (USD MILLION) 39
TABLE 4 IDENTITY MANAGEMENT: REGTECH MARKET SIZE, BY REGION,
2016–2023 (USD MILLION) 40
TABLE 5 REGULATORY REPORTING: REGTECH MARKET SIZE, BY REGION,
2016–2023 (USD MILLION) 41
TABLE 6 FRAUD MANAGEMENT: REGTECH MARKET SIZE, BY REGION,
2016–2023 (USD MILLION) 42
TABLE 7 REGULATORY INTELLIGENCE : REGTECH MARKET SIZE, BY REGION,
2016–2023 (USD MILLION) 42
TABLE 8 REGTECH MARKET SIZE, BY ORGANIZATION SIZE, 2016–2023 (USD MILLION) 44
TABLE 9 LARGE ENTERPRISES: REGTECH MARKET SIZE, BY REGION,
2016–2023 (USD MILLION) 45
TABLE 10 SMES: REGTECH MARKET SIZE, BY REGION, 2016–2023 (USD MILLION) 46
TABLE 11 REGTECH MARKET SIZE, BY REGION, 2016-2023 (USD MILLION) 48
TABLE 12 NORTH AMERICA: REGTECH MARKET SIZE, BY COUNTRY,
2016-2023 (USD MILLION) 50
TABLE 13 NORTH AMERICA: REGTECH MARKET SIZE, BY APPLICATION,
2016-2023 (USD MILLION) 51
TABLE 14 NORTH AMERICA: REGTECH MARKET SIZE, BY ORGANIZATION SIZE,
2016-2023 (USD MILLION) 51
TABLE 15 EUROPE: REGTECH MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION) 52
TABLE 16 EUROPE: REGTECH MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION) 53
TABLE 17 EUROPE: REGTECH MARKET SIZE, BY ORGANIZATION SIZE,
2016-2023 (USD MILLION) 53
TABLE 18 ASIA PACIFIC REGTECH MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION) 55
TABLE 19 ASIA PACIFIC: REGTECH MARKET SIZE, BY APPLICATION,
2016-2023 (USD MILLION) 56
TABLE 20 ASIA PACIFIC: REGTECH MARKET SIZE, BY ORGANIZATION SIZE,
2016-2023 (USD MILLION) 56
TABLE 21 REST OF THE WORLD: REGTECH MARKET, BY COUNTRY,
2016-2023 (USD MILLION) 57
TABLE 22 REST OF THE WORLD: REGTECH MARKET SIZE, BY APPLICATION,
2016-2023 (USD MILLION) 58
TABLE 23 REST OF THE WORLD: REGTECH MARKET SIZE, BY ORGANIZATION SIZE,
2016-2023 (USD MILLION) 59
TABLE 24 MARKET RANKING, 2018 61
TABLE 25 NEW PRODUCT LAUNCHES/PRODUCT ENHANCEMENTS, 2017–2018 61
TABLE 26 AGREEMENTS AND PARTNERSHIPS, 2017–2018 62
TABLE 27 BUSINESS EXPANSIONS, 2016–2018 63
TABLE 28 MERGERS AND ACQUISITIONS, 2017–2018 64
LIST OF FIGURES
FIGURE 1 REGTECH MARKET SEGMENTATION 15
FIGURE 2 REGIONAL SCOPE 15
FIGURE 3 REGTECH MARKET: RESEARCH DESIGN 18
FIGURE 4 RESEARCH METHODOLOGY 19
FIGURE 5 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION,
AND REGION 19
FIGURE 6 DATA TRIANGULATION 20
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 21
FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 22
FIGURE 9 SEGMENTS WITH THE LARGEST SHARE OF THE REGTECH MARKET IN 2018 25
FIGURE 10 REGTECH MARKET, BY REGION 25
FIGURE 11 INCREASED COST OF COMPLIANCE IS ONE OF THE FACTORS DRIVING THE REGTECH MARKET 27
FIGURE 12 RISK & COMPLIANCE MANAGEMENT AND THE US ESTIMATED TO ACCOUNT FOR THE LARGEST SHARES OF THE NORTH AMERICA REGTECH MARKET IN 2018 28
FIGURE 13 REGTECH MARKET IN AUSTRALIA AND THE UK TO GROW AT THE HIGHEST RATES DURING THE FORECAST PERIOD 29
FIGURE 14 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: REGTECH MARKET 30
FIGURE 15 RISK & COMPLIANCE MANAGEMENT SEGMENT TO LEAD THE REGTECH MARKET FROM 2018 TO 2023 38
FIGURE 16 LARGE ENTERPRISES SEGMENT TO LEAD THE REGTECH MARKET
FROM 2018 TO 2023 44
FIGURE 17 REGTECH MARKET IN ASIA PACIFIC IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 48
FIGURE 18 NORTH AMERICA: REGTECH MARKET SNAPSHOT 49
FIGURE 19 ASIA PACIFIC: REGTECH MARKET SNAPSHOT 54
FIGURE 20 KEY DEVELOPMENTS BY LEADING PLAYERS IN THE REGTECH MARKET
DURING 2016–2018 60
FIGURE 21 BROADRIDGE: COMPANY SNAPSHOT 69
FIGURE 22 BROADRIDGE: SWOT ANALYSIS 71
FIGURE 23 DELOITTE: COMPANY SNAPSHOT 74
FIGURE 24 DELOITTE: SWOT ANALYSIS 75
FIGURE 25 IBM: COMPANY SNAPSHOT 79
FIGURE 26 IBM: SWOT ANALYSIS 80
FIGURE 27 LOMBARD RISK: COMPANY SNAPSHOT 84
FIGURE 28 LSEG: COMPANY SNAPSHOT 85
FIGURE 29 LONDON STOCK EXCHANGE GROUP: SWOT ANALYSIS 87
FIGURE 30 PWC: COMPANY SNAPSHOT 92
FIGURE 31 THOMSON REUTERS: COMPANY SNAPSHOT 97
FIGURE 32 THOMSON REUTERS: SWOT ANALYSIS 99
FIGURE 33 WOLTERS KLUWER: COMPANY SNAPSHOT 101
【免責事項】
※当レポート上の情報/データは調査会社が信頼できると判断した情報源から入手したものに基づき作成しましたが、その正確性・完全性を保証するものではありません。当レポートに記載された情報/データ/見解/仮説などは作成時点又は発行時点における調査会社の判断であり、その後の状況変化に応じて変更される場合があります。当レポート上の情報/データに基づいたお客様の意思決定又は実行による結果について、調査会社/発行会社/販売会社H&Iグローバルリサーチはその責を負いかねますのでご了承ください。英文資料の紹介ページにおける日本語題名/概要/目次はH&Iグローバルリサーチが翻訳した内容であり、翻訳の正確性・完全性を保証するものではありません。