Second rule: RegTech rhymes with dematerialization

[nurmohammadkhan]

Another fundamental rule, which is more like a recommendation, is to embrace dematerialization in order to get the most out of RegTech.

RegTech, in fact, works on digital and the majority of its solutions france whatsapp resource are digital: this means that in order to get the most out of it, it is essential that a good part of the processes and flows are dematerialized , starting perhaps with the entire document component .

Abandoning paper support and migrating your archives, transactions, and negotiations to digital undoubtedly facilitates the effectiveness of the controls and surveillance that is achieved through RegTech.

Obviously, however, we cannot limit ourselves to this: dematerialization, in fact, must go beyond documents and involve the entire business, otherwise the transformation only happens halfway.

RegTech is ideal for overseeing every phase of this transformation and, at the same time, this transformation allows companies to carry out all regulatory obligations through RegTech , without leaving out any phase, indeed making the entire process safer and more reliable.