Opportunities and Risks in Regulatory Compliance and Resilience – #S2E3

Welcome to FinTalk by Vermeg, the leading podcast in FinTech and RegTech that addresses the most pressing topics in the financial industry. 

In the third episode of season 2, our host Jawad Akhtar welcomes back James Phillips, Founder and Consultant, RegTech Innovate and former Global Head of Regulatory Strategy at Vermeg to discuss the opportunities and risks in regulatory compliance and resilience. 

During the episode, James Phillips shares his insights on the critical elements of operational resilience, change detection, horizon management, and regulatory reporting. James emphasises the importance of taking a step back before adopting RegTech solutions and re-evaluating the fundamental processes and data needed for the firm to achieve regulatory compliance and operational resilience. 

This episode of FinTalk covers: 

• The definition of operational resilience and why it's crucial in today's financial landscape 
• The role of RegTech in achieving operational resilience, including its use in regulatory reporting, risk management, and compliance 
• The importance of data in achieving operational resilience and how firms can capture and use it effectively 
• The emerging trends and regulations that will shape the RegTech landscape in the coming years