Choosing a RegTech partner isn’t just a procurement decision, it’s a strategic move that can shape your compliance, efficiency, and reputation for years to come. Here’s how to get it right.
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Prioritise Deep Regulatory Expertise
The best RegTech solutions are built by people who live and breathe regulation.
- Ask about their team: Do they have subject matter experts who understand your specific regulatory challenges?
- Check their track record: Can they demonstrate success in your sector, with your types of portfolios and reporting needs?
- Look for evidence: Are their outputs accurate, auditable, and regulator-aligned?
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Demand Plug-and-Play Technology
You shouldn’t have to wait months (or years) for value.
- Rapid onboarding: Can you get up and running in weeks, not months?
- Seamless integration: Will the solution work with your existing systems, data providers, and workflows?
- No legacy headaches: Is the platform cloud-based, modular, and scalable?
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Insist on Transparency and Support
Compliance is a journey, not a one-off project.
- Ongoing support: Will you have access to responsive, knowledgeable experts when you need them?
- Clear documentation: Are rules, calculations, and reports fully documented and traceable?
- Continuous improvement: Does the provider update their platform to keep pace with regulatory change?
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Evaluate Security and Resilience
With regulations like DORA raising the bar, operational resilience is non-negotiable.
- Security standards: Is the platform hosted securely, with robust data protection and disaster recovery?
- Vendor oversight: Can the provider demonstrate compliance with your due diligence requirements?
- Proven resilience: Have they weathered regulatory or operational storms before?
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Look for a True Partnership
The right RegTech partner is more than a vendor, they’re an extension of your team.
- Collaborative mindset: Are they proactive in sharing insights, best practices, and regulatory updates?
- Client community: Do they foster knowledge-sharing and feedback among users?
- Shared values: Do they care about your outcomes as much as you do?
The Bottom Line
Choosing a RegTech partner is about trust, expertise, and shared ambition. At Funds-Axis, we combine deep regulatory knowledge, proven technology, and a relentless focus on client success.
Ready to make the right choice?
