Written by FT Adviser
A lot has changed in the last 30 years, most of all technology. Remember the days that mobile phones looked like bricks and were reserved for the wealthy and important? Now it is considered unusual if you do not have the latest mobile phone. We can check emails all hours of the day or night, make notes during conferences without pen and paper, and have instant access at all times to a calendar.
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.