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By Kaina BOUMALI, Manager Opexia REGTECH Services
The rise of RegTech (Regulatory Technology) has been pivotal in helping regulated industries, particularly financial services, manage increasing regulatory requirements. Companies subject to stringent oversight—such as banks, insurance companies, investment firms and payment institutions—have turned to both RegTech software providers and consulting firms to navigate complex compliance landscapes. However, a fundamental question remains: which option provides the most value? In this article, we will explore why consultants, with their extensive experience, expertise, and ability to deliver structured and mutualized processes, offer distinct advantages over software providers, and why regulated companies benefit...
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