Regtech

A forward-thinking approach to regulation

The UK's offer

  • Home to 234 RegTech companies and approximately another 335 companies that are based overseas and operate in the UK or worldwide.
  • Access to one of the world’s biggest pools of client and partner financial and professional services firms.
  • The leading tech ‘scale-up’ in Europe, with 81.2% of UK tech investment made into high-growth, high-productivity potential scaleup firms.

RegTech in the UK

The end of the global financial crisis in 2008 was met by an ensuing wave of regulatory change and demand for innovative solutions that brought opportunities for increased efficiency, more effective processes, and cost-savings for business. The RegTech sector has grown significantly since then to help UK businesses meet these demands.

RegTech uses technologies such as advanced analytics, robotics, cognitive computing and the cloud to make financial institutions more efficient and effective at dealing with regulation. The UK’s proposition for RegTech is world-leading: extensive access to capital, global and UK-wide expertise, top talent, a forward-thinking approach to regulation,  and proximity to an internationally competitive financial services sector. This ideal environment has put the UK at the cutting-edge of RegTech innovation – the industry continues to attract significant levels of funding at roughly $3bn.

The UK RegTech industry is ready for scaling-up and growth. RegTech is a strategically important enabler of innovation, growth and competitiveness of the UK’s financial and professional services industry.

Results from the 2022 City of London Corporation,
Innovate Finance and Grant Thornton UK LLP survey

RegTech industry survey

RegTech industry survey

Partner Story

Taina

Taina

Partner Story

ComplyAdvantage

ComplyAdvantage

Partner Story

Castlepoint Systems

Castlepoint Systems

2021: A critical year for RegTech

Read our investigation into the current state of play for UK RegTech, examining the opportunities and challenges to the future growth and success of the industry.

Find out what measures we recommend to further support the sector to grow and thrive, adding value to the broader financial services sector and the UK economy.

 

Download '2021: A critical year for RegTech'

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