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Regulatory Technology (RegTech) solutions provide a more automated, cost-effective way of meeting compliance and regulatory reporting needs. The digitalization of regulatory processes allows controls and risk frameworks to be linked seamlessly, standardizing and improving consistency of processes.
Leveraging on Application Programming Interface (API), the solution simplifies and automates complex reporting processes, increasing efficiency, flexibility and agility in the data processing. The automation of manual operations eliminates the need for physical data input and the risk of human error. This minimizes the time for report generation in accordance to compliance and regulatory standards.
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