Simone di Castri, R²A Managing Director, spoke with Sean Creehan and Paul Tierno of the Federal Reserve Bank of San Francisco's Pacific Exchanges Podcast on the biggest challenges facing financial authorities, and what technological solutions R²A has been developing to help regulators in emerging markets.
"Now the fact that fintech is there makes the financial authorities a little more audacious because they see the private sector using all these technologies. And some regulators are asking, why we’re not? Why we’re not adopting the same technologies for our needs, which is exactly the point of R²A. We don’t build new technologies, we package technologies in a way that are useful for financial authorities.
If you don’t have the right tools in place to supervise this new market, your readiness for fintech is at a different level. So RegTech can really help to accelerate financial innovation."
Listen to the R²A podcast.