DECEMBER 2018CIOAPPLICATIONSEUROPE.COM6COMPLIANCE SPECIALEditorialRegTech: The Marriage of Technology and RegulationsLooking back into 2018, it was a year of compliance upheaval with European Union amending increased scrutiny on the environmental, social and human rights implications of government regulations, corporate practices, and other consumer habits. 2018 witnessed companies focusing more on the training personnel about the regulatory rules to render optimal quality in its solutions. The year also saw an increasing number of compliance professionals for tackling newer threats and establishing more efficient procedures, communication channels, and monitoring techniques. In this mix, one of the most emerging trends in the compliance space has been the rise of RegTech. The deployment of RegTech platforms has enabled companies to reduce compliance costs along with eradicating the unseen corridors of threats. Primarily for larger corporations, RegTech tools can aid in detecting frauds in real time and subsequently mitigate the losses from criminal and unauthorized access. Additionally, the growing EU directives and burgeoning focus to improve data security has further upscaled the significance of RegTech solutions. Another evolving trend that has reinvigorated this space is the growing application of continous compliance. Rather than monitoring thresholds in a fixed timeframe, compliance tools can continuously monitor the environment and instantly alarm the concerned authorities in case of any discrepancies. This is very effective in today's digital era because a minor breach or error can lead to loss of unprecedented sum of money or hours of downtime. To assist industry leaders to maneuver in the right direction while adopting compliance solutions, our distinguished editorial panel at CIO Applications Europe have analyzed the different emerging trends in the compliance space to filter out solutions that are genuinely crafted for this space, outperform others, and can solve the imperative challenges prevailing in the industry. This edition of our magazine is a result of our commitment to stick to our mission. We bring you the "Top 10 Compliance Technology Solution Providers - 2018." Please let us know your thoughts. Joe PhillipManaging Editoreditor@cioapplicationseurope.comJoe PhillipCopyright © 2018 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Volume 02 - 22Published by ValleyMedia, Inc. To subscribe to CIO ApplicationsEuropeVisit www.cioapplicationseurope.com Managing EditorJoe PhillipGraphics & ArtJohn ConnorDeclan ColeJeevan JyothiAssistant Managing EditorRohit ChowdharySenior WritersClara MathewLeah JaneRoyce D'SouzaEditorial StaffBen JacksonDaniel HolmesEzra BenjaminJames SmithNaomi DaleRachel ClarkAmitav HaldipurSalesAnnie Mathewsannie.mathews@cioappli-cationseurope.com*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffContact UsPhone: 510.996.5125Emailsales@cioapplications.comeditor@cioapplications.commarketing@cioapplications.comDECEMBER - 15 - 2018
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