2023 Industry Perspectives Report


2023 Global RegTech Data

Collecting the data for this report is important to track the progress of the RegTech/SupTech eco-system. This data has been collected since 2019 and actively tracks the time to value (time taken to full deployment) and a myriad of other metrics from RegTech vendors, Regulatory/Central Agencies and Institutional perspectives.

The 2023 Industry Perspective Report shows that progress is positive, but that there's still more work to be done. The RegTech Association, with the support of our members and the wider ecosystem, will continue to track and monitor progress.


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TIME TO VALUE

2019 2021 2022 2023
13 Months 10 Months 9.3 Months 8.1 Months


RegTech solutions are being adopted with increased pace from 
13 months in 2019 to 8.1 months in 2023

TOP TAKEAWAYS

RegTech Vendors


Despite a tough economic environment 54% of RegTechs saw more customer demand and 36% reported more than 30% revenue growth

Page 10 - 2023 Industry Perspectives Report

RegTech Buyers


Customers are a key driver for RegTech adoption and 75% expect their budget to increase in RegTech

Page 17 - 2023 Industry Perspectives Report


Regulators


80% of regulators have onboarded a RegTech or SupTech solution
and are expecting an increased appetite going forward

Page 21 - 2023 Industry Perspectives Report

PREVIOUS INDUSTRY PERSPECTIVES REPORTS

Download our previous Industry Perspectives Reports below
or find more resources on our Info Hub





REGTECH MATTERS ON INDUSTRY PERSPECTIVES


Join our webinar to receive an in-depth analysis of the 2023 Industry Perspectives Report, offering valuable insights into the opportunities and challenges within the RegTech industry. This session is essential for investors seeking to understand why RegTech might be their next promising investment!

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