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SUMMARY
In the first five months of 2023, 1.6B € in fines have been imposed due to violations of GDPR. This is more than 2019, 2020, and 2021 combined. As the scale, complexity, banking risk, and compliance costs rise, listen in to the podcast to:
1. Understand how NLP, AI, and human expertise inextricably twine to reveal accurate regulatory interpretations.
2. Deep dive into how banks must transcend the challenges to integrate the industry-best practices into their regulatory reporting platforms.
3. Meet the key players in the digital regulatory reporting ecosystem. Pick vital learning for banking teams to create conceptual buy-in and scope-align their change projects.
“The challenge in regulatory reporting is that much knowledge resides in people’s heads within the banks and doesn’t reach the tooling stage. RegTech leaders must provide all the assistance the banks need to make a safe interpretation as quickly, easily, and cheaply as possible.”
– PJ Di Giammarino
