The RegTech for Regulators Accelerator (R2A) partners with financial authorities, technologists and data scientists to make available to supervisors and regulators new solutions to:
- Improve oversight and understanding of the financial marketplaces, implementing risk-based supervision.
- Assess customer needs in data-rich environments.
- Increase customer trust, financial well-being, and participation in the financial system
- Develop smarter, proportional regulation.
- Reduce compliance costs.
The R2A has produced a number of proofs of concept, prototypes, and market-ready solutions to help financial authorities gather, process, store, and analyze financial data more quickly and with far greater insight than ever.