Plan for Continuous Regulatory Changes
Plus, we can help you keep up with the ever-changing, often-confusing regulatory environment.
As new technologies in the financial services sector continue to emerge, challenges are created for the myriad of federal agencies responsible for financial regulation.
According to the Congressional Research Service, policymakers have demonstrated significant interest in comprehending the sorts of technologies that may benefit consumers and financial markets while simultaneously identifying the risks they may present.
As technology evolves, Congress will consider the potential tradeoffs of financial technology between risk and convenience.
Embracing technology evolutions will mean understanding the regulations that go with them. Complying with government requirements will present operational and technological challenges that evolve as quickly as your IT plans.