Written by FT Adviser
Another widespread assumption about blockchain is the fact that it will mean potential cost savings to the industry. This principally comes from removing the need for reconciliations between parties, because all parties have a distributed copy of the blockchain (the ledger).
In a sector with so much complexity, to what extent is RegTech solving the real compliance issues facing financial services?
Half of the companies in the first wave of the Financial Conduct Authority's advice unit have either launched a low-cost advice service or will be doing so imminently.
Over the last ten years it has become increasingly possible to turn bright technology ideas into smooth, working, scalable solutions, writes founding director of Altus, Kevin Okell.