RegTech Tidings 2025
A Festive recap for resilience and regulatory reporting
As we bid farewell to 2024 and step into the season of festive cheer, the financial sector stands are at a pivotal moment. With the EU’s Digital Operational Resilience Act (DORA) set to redefine operational resilience on 17 January 2025 and the UK grappling with its mounting data challenges, the year ahead promises a transformative landscape for compliance and RegTech.
?? Unwrapping DORA in 2025 The EU’s Operational Resilience packages are sending shockwaves through senior management teams, setting the stage for a “Christmas reset” that will reshape how institutions approach risk and compliance. Dive into what these sweeping changes mean for the industry and how RegTech can help TradFi and DeFi organizations turn regulatory hurdles into opportunities.
?? Can UK Standards Finally Clean Up Its Dirty Windows? Every day, the Bank of England grapples with 455 million data errors — a staggering number that clouds critical decision-making. On the 5th of December, the Bank of England and FCA announced plans to tackle this issue with a focus on industry standards. While this strategy has promise, it risks being all RegTalk and no action unless it’s paired with clear timelines and robust investment.
As the US and EU charge ahead with machine-readable reporting and unified data systems, the UK lags behind in endless discussions. The time for action is now.
? From regulatory resets to revolutionary ideas, this issue is your guide to navigating the 2025 RegTech wave. Whether you’re strategizing for the year ahead or just catching up over the holidays, we’ve got you covered.
Let’s make 2025 a year of decisive RegTech progress - wishing you and yours a joyful holiday season filled with good tidings, new opportunities, and a bright start to the New Year!
Unwrapping DORA in 2025
The EU and UK Operational Resilience (OpRes) packages are making senior management nervous. This is good news for the RegTech designed to help middle and back-office teams.
With over 90 documents, 3,300 pages, and 46,000 paragraphs of regulatory standards now defining compliance and deadlines looming financial institutions and suppliers are grappling with over 700 questions requiring board-level decisions.
Don’t miss JWG’s take on the resulting Christmas reset which will radically reshape the technology needs in Q125 here
Bridging DORA Gaps 2025
JWG’s Market Data survey reveals that low levels of preparedness for the Digital Operational Resilience Act (DORA) isn’t just another regulatory hurdle—it’s a wake-up call for the financial ecosystem to rethink how operational resilience is managed.
The industry is racing against the clock. With the 17 January 2025 deadline fast approaching, many organizations face critical challenges: ?? Fragmented risk management frameworks ?? Inconsistent vendor alignment ?? Limited collaboration between key players
But it’s not too late to act. Read our latest article to learn how your organization can bridge the gap before the deadline here.
Happy holidays from RegCast season 5!
Take a break from your Christmas toys and tune in – we’d love to hear what you think about what our experts have to say!
Upgrade your OpRes with RegDelta
RegTech is at the forefront of better, faster, cheaper, and safer OpRes solutions for 2025 change programmes.
JWG’s OpRes RegDelta enables evergreen linkage with your policies, procedures, and contracts, boosted by our LLM partners, which your teams can interrogate, saving time in spotting and closing your gaps.
领英推荐
Want to arrange a demo? Please contact [email protected].
Can UK Standards Finally Clean Up Its Dirty Windows?
The Bank of England has a massive data problem: 455 million errors every single day. On 05 December, the Bank of England and FCA unveiled a plan to tackle this challenge by leaning on industry standards. This approach has potential, but without action, it risks becoming just another talking point.
While the US and EU forge ahead — rewriting reporting regimes, building unified data dictionaries, and deploying machine-readable reporting — the UK remains stuck in meetings and recommendations. What’s missing? Clear action plans, concrete deadlines, and committed budgets to transform ideas into reality.
If we want to lead, we must move from discussion to decisive execution. Now is the time to make meaningful progress. Have ideas for how the UK can seize the opportunity we describe here? Reply and let us know what you think.
Banks harness opensource innovation to transform regulatory reporting
Imagine a world where regulatory compliance is not a burden but a strategic advantage. Leading financial institutions — like BNP, JP Morgan, BMO, and RBC — are building exactly that future.
Banks adopting this approach are ready to not only meet today’s standards but to scale for tomorrow’s demands.
? Flexibility to adapt to complex, evolving regulations
? Cost savings from reduced software licensing fees
? Community-driven innovation for continuous improvement
Contact [email protected] to get involved and read the article here.
Close your reporting gap with RegDelta
JWG’s RegDelta closes the gap between obligation and action. With regulators bringing in new and complex rules for regulatory reporting, it is imperative that you have a clear audit trail, linking obligations to data.
JWG’s DRR RegDelta ensures effective and efficient data management by interpreting regulatory obligations, aligning assumptions and tracking business decisions.
Upgrade your reg reporting with RegDelta
Learn more in our 2 minute video here.
Want to arrange a demo? Please contact [email protected].
CEO and Founding Partner, TahoeBlue Ltd
1 个月Lots of collected info, thanks. Probably a typo, but the reference to vendors and "regulors" suggests perhaps a new type of regulatory practice ? ??
Practice Director - Global Head of Regulatory Compliance Solutions, First Derivative | Regulatory Change, Remediation & Transformation | Data & Automation | Champion for D&I + Mental Health | AI Enthusiast
2 个月Thanks PJ Di Giammarino for all the great content and bringing the #regtech industry closer together in 2024. Here is to a successful 2025 addressing the knowns and unknowns of the ever changing Reg landscape.
50 Women Impact LATAM pela Bloomberg ‘22| “Criptoativa” pela EU& Valor ’24 |Co-founder Compliasset (M&A SINQIA’23) |Founder Dyskant Law| Global Sr. Advisor Fireblocks | Sr. Advisor Taxbit & Mercado Bitcoin|Co-chair 100WF
2 个月Such a promising new year for RegTech!