The Evolving Landscape of TegTech in Singapore
Singapore has emerged as the leading RegTech hub in Asia‑Pacific, bolstered by progressive regulatory frameworks, substantial government support, and a vibrant financial‑services ecosystem. The above average growth trajectory cements Singapore’s position at the forefront of global regulatory technology innovation.
RegTech encompasses a wide spectrum of applications including anti-money laundering (AML) and know-your-customer (KYC) processes, regulatory reporting automation, risk management systems, compliance monitoring, fraud detection, and trade surveillance.
These solutions leverage advanced technologies such as artificial intelligence, machine learning, blockchain, and big data analytics to transform traditionally manual and labour intensive compliance processes into automated, intelligent systems.
