Can knowledge graphs help untangle the RegTech data management puzzle
based Technology Enables Companies in the Financial Sector to Quickly and Efficiently Integrate and Analyze the Explosion of Disparate Data from RegulatorsOver the past decade, the advance of digital innovation combined with the growing number of regulatory guidelines in all jurisdictions has sped up the rise of Regulatory Technology, or RegTech for short. Originally, its main application was to enhance regulatory processes in the Financial sector, but nowadays it is expanding more and more in to any regulated business. A good sign that this technology is steadily going mainstream is also the fact that more and more regulatory bodies are supporting RegTech development and implementation.According to a September 2019 report from Juniper Research, the value of global spending on RegTech is expected to jump to more than US $127 billion by 2024, up from US$25 billion spent in 2019. Automation in Know Your Customer (KYC) processes and background checks are set to be so