If a perfect storm is an event in which a rare combination of circumstances drastically aggravates the circumstances of an existing situation, then the growing trend within the fintech industry to characterise specific solutions designed to ameliorate buyside and sellside post-financial crisis regulatory compliance workloads in 2016 as ‘regtech’ is proof positive that a long-brewing capital markets hurricane is on track to become a super storm that will redefine the landscape for decades to come.
By Jonathan Chambers — Analyst Consultant, GreySpark Partners