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Accelerating Digital Channels and Securing End-to-End Transactions with Real-Time Insights

EY’s RegTech Brief Highlights Key Capabilities for Financial Institutions and Regulators

In today’s increasingly digital landscape, financial institutions and regulators must prioritize end-to-end security and accelerate transactions while ensuring compliance with ever-changing regulations. According to a recent report by Ernst & Young (EY), adopting DevOps practices and continuous integration and delivery can achieve both high speed and reliability.

Key Findings

  • End-to-End Security: EY highlights the critical need for end-to-end security in financial transactions, citing the importance of encryption, authentication, and secure data storage.
  • Real-Time Insights: The report emphasizes the value of real-time insights in driving business decisions, highlighting the need for financial institutions to leverage data analytics and AI-powered tools.
  • Customer-Centric Platforms: EY stresses the importance of customer-centric platforms, emphasizing the need for personalized experiences and seamless transactions.

RegTech Capabilities

  • Market/Credit/Liquidity Risk: EY highlights the critical need for risk management in market, credit, and liquidity areas.
  • Cyber/Enterprise Information Security: The report emphasizes the importance of robust cyber security measures to protect sensitive information.
  • Vendor Risk Management: EY stresses the need for financial institutions to prioritize vendor risk management, citing the potential risks associated with third-party vendors.

Contact Us

If you’d like to learn more about how EY can help your organization accelerate digital channels and secure end-to-end transactions, please reach out to:

About EY

EY is a global leader in assurance, tax, transaction and advisory services, committed to building trust and confidence in the capital markets and economies worldwide.

Sources

  • Ernst & Young (2019). Regulatory Technology (RegTech) Brief 2019.
  • Ernst & Young. (n.d.). About EY.