We all agree that regulatory improvements, such as the regulation on Key Information Documents for Packaged Retail and Insurance-based Investment Products ("PRIIPs"), are important for protecting consumers and, of course, are good for the industry.
However, changes to regulations often introduce significant compliance risk to you and your organisation. This can be an administrative nightmare for your staff; and can delay time-to-market of key product innovations that you could be working on right now.
But there's more to it than that.
The pain of regulatory change highlights the epidemic of inefficient processes and inconsistent disclosure information across financial service products, brands and regulatory regimes.
It's a strategic challenge that requires a strategic solution. A solution that can deliver significant benefits to your organisation, and alleviate some of the pain for your team.
The Digital Dawn in Banking