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Top 10 Industry Leaders in RegTech Market

Added: (Thu Dec 21 2023)

Pressbox (Press Release) - The Regulatory Technology (RegTech) market is poised for substantial growth, projected to reach USD 23.6 billion by 2029 with a compound annual growth rate (CAGR) of 16.5% during the forecast period of 2022-2029. The surge in fraudulent activities, a growing need for automated regulatory compliance, and an increasing demand for faster transactions are the driving forces behind this remarkable expansion.
Market Drivers:
The escalating instances of fraudulent activities globally have fueled the demand for RegTech solutions. Industries such as online gaming and pharmaceuticals are increasingly adopting automated regulatory compliance and identity verification solutions. The RegTech market is positioned to capitalize on these trends, offering significant growth opportunities.
Top 10 Companies Leading the Charge: https://meticulousblog.org/top-10-companies-in-regtech-market/
1. Broadridge Financial Solutions, Inc. (New York, U.S.): A global financial technology leader, providing investor communications, technology-driven solutions, and data analytics for the financial services industry.
2. Wolters Kluwer N.V. (Alphen aan den Rijn, Netherlands): A pioneer in professional information, software solutions, and services, catering to health, tax & accounting, governance, risk & compliance, and legal & regulatory sectors.
3. Deloitte Touche Tohmatsu Limited (London, U.K.): A leading RegTech provider with end-to-end managed services for KYC and AML solutions, leveraging advanced technologies such as AI, RPA, data mining, and analytics.
4. NICE Ltd. (Ra’Anana, Israel): Offering RegTech solutions, platforms, and services to optimize efficiency, accuracy, and regulatory compliance coverage, with a focus on AML and fraud prevention.
5. IBM Corporation (New York, U.S.): A comprehensive RegTech solution provider leveraging AI and analytics technology to address regulatory monitoring, reporting, compliance, and risk management challenges.
6. Chainalysis Inc. (New York, U.S.): A blockchain data platform providing solutions for cryptocurrency compliance, intelligence, investigation, and automated monitoring across 70 countries.
7. Cleversoft Group GmbH (München, Germany): A leading RegTech services provider in Europe, offering modern regulatory compliance software and services for the financial services industry.
8. Corlytics (Dublin, Ireland): A regulatory risk intelligence solution provider offering enriched regulatory data, thematic trackers, and risk analytics for risk, audit, and compliance teams.
9. Jumio Corporation (Palo Alto, California, U.S.): A leading provider of AI-powered identity orchestration, eKYC, and AML solutions, leveraging AI, biometrics, and machine learning.
10. Polestar Space Applications Limited (London, U.K.): A leader in maritime intelligence providing solutions for regulatory conformance, sanctions screening, trade compliance, tracking, monitoring, and ship security.

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Market Insight:
Meticulous Research, in its latest publication on the RegTech Market, predicts a growth rate of 16.5% during the forecast years 2022-2029. The report provides detailed analyses of the financial performance, key products, company strategies, partnerships, acquisitions, and global market trends for each of these industry leaders.
For more comprehensive information, Meticulous Research®'s report covers global market size estimates, market share analysis, revenue numbers, and key issues and trends shaping the RegTech industry.
About Meticulous Research®
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Submitted by:Dipali
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