RegTech Market

Broadridge (US) and Wolters Kluwer (The Netherlands) are Leading Players in the RegTech Market

The RegTech market size is expected to grow from USD 6.3 billion in 2020 to USD 16.0 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 20.3% during the forecast period. The major factors driving the growth of the RegTech market include the increased cost of compliance, rising need for faster transactions, regulatory sandbox approach to support RegTech innovations, and lower entry barriers with Software as a Service (SaaS)-based offerings.

The vendors covered in the RegTech market report are Accuity (US), ACTICO (Germany), Ascent (US), Ayasdi (US), Broadridge (US), Chainalysis (US), ComplyAdvantage (UK), Deloitte (UK), Fenergo (Ireland), London Stock Exchange Group (LSEG) (UK), IdentityMind (US), IBM (US), Jumio (US), MetricStream (US), Nice Actimize (US), Pole Star (UK), PwC (UK), Thomson Reuters (Canada), Trulioo (Canada), and Wolters Kluwer (The Netherlands). These players have adopted various growth strategies, such as partnerships, agreements, and collaborations and new product launches to expand their presence in the RegTech market. Partnerships and new product launches have been the most adopted strategies by major players from 2018 to 2020 which helped them innovate their offerings and broaden their customer base.

To know about the assumptions considered for the study download the pdf brochure

Broadridge is one of the giants in the RegTech market. The company offers RegTech solutions through its widespread partner ecosystems and subsidiaries, including Spence Johnson Limited, M&O Systems, and QED Financial Systems. The company has adopted organic and inorganic business strategies to expand its footprint in the international market, and enhance its capabilities to offer globally integrated solutions to serve client business requirements. Broadridge has acquired various companies dealing in financial, digital, consulting, and data intelligence, to adopt newer technologies and integrate the same with every possible solution that helps the company serve clients in a more effective manner. The company further handles approximately USD 5 trillion in fixed income and equity trades per day for the Canadian and US securities. Additionally, Broadridge focuses on extensive support services to help its clients meet their RegTech solutions. The company has joined forces with various other companies to provide enhanced technology services. In recent times, the company acquired FundsLibrary, a leader in fund document and data dissemination in the European market.

Wolters Kluwer is another top player in the RegTech market. The company offers a broad spectrum of solutions, services, and expertise in the RegTech market, including its OneSumX and Lien Solutions. OneSumX provides solutions and services to control the interaction of governance, finance, risk, and compliance, which helps organizations improve profitability, efficiency, and growth. Lien Solutions helps financial institutions and lenders to reduce operational and credit risk and enhance their profitability by offering comprehensive public record searches, lien filings, titling, and life-of-loan management. The company adopts inorganic growth strategies, such as partnerships, to enhance its RegTech business. For instance, in April 2020, Wolters Kluwer entered into partnership with Vizor Software, an Irish regulatory software provider to enhance the quality of regulatory reporting in Singapore while reducing the time and effort required in regulatory compliance.

Related Reports:

RegTech Market by Component (Solutions and Services), Application (Risk and Compliance Management, Identity Management, Regulatory Reporting, AML and Fraud Management), Vertical, Deployment Type, Organization Size, and Region - Global Forecast to 2025

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Report Code
TC 6790
RI Published ON
5/12/2020
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the RegTech Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2020 MarketsandMarkets Research Private Ltd. All rights reserved