London has long been a cornerstone of global finance and a leading fintech hub. It was only a couple of months ago that the Z/Yen Global Financial Centres Index showed the UK capital was closing the gap on New York.
But recent developments make clear that the race is far from over. Paris has just overtaken London as Europe’s top tech hub according to new research from Dealroom, powered by surging AI innovation and a new generation of repeat founders. It’s a wake-up call for the UK.
To maintain its edge, the UK must focus on areas where it has a real strategic advantage, and RegTech is a prime example.
Regulatory technology is no longer a niche. It underpins the integrity of the global financial system. With compliance costs rising and the threat of fines and the repercussions of reputational damage, firms urgently need smarter solutions....