Written by Professional Adviser
Without a sea change in the attitude of governments as to how actively they intervene in business activity, warns Kevin Okell, there is a real danger innovation in financial services will drown in a sea of red tape
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.