EY Financial Crime and Reg-Tech: Trends and challenges for 2019 | EY I Entrepreneur Of The Year | 22 November 2019 | Osvald Helmuths Vej 4, 2000 Frederiksberg, Denmark

EY is pleased to invite you to a discussion and debate on trends and challenges within financial crime and regulatory technology for 2020. Market leading experts will inspire and challenge you about central topics and trends for 2020, when we offer you inspiration and good ideas for solutions to your business challenges.

Financial crime and the regulatory landscape are constantly experiencing more focus as well as needs for digital solutions and expert knowledge to solve the complex challenges that financial institutions are facing. However, with digital transformation comes increased financial crime risk. Managing financial crime risk is thus large and increasing, from both a cost and operational perspective. The combination of rising compliance costs, increasing regulatory requirements and elevated risk exposure makes managing financial crime a top for the financial institutions.

At times, it seems as if the financial sector is fighting an uphill battle in managing financial crime compliance. Traditional compliance methods that rely on manual processes and legacy technologies are unsustainable and resource consuming, given the huge data volumes to monitor and the complexity of global banking networks.

How can banks innovate and adopt new technologies not only to address regulatory compliance demands but also to effectively disrupt financial crime?

The seminar is focused on the following areas through presentations and panel discussions:
• Trends within the digital universe for action against financial crime
• How can data be used intelligently for action against financial crime?
• Trends within Compliance when talking about efficiency or the so-called “Reg Tech” solutions – what are they and are they being used?
• How can Compliance & Regulatory technologies (“Reg-Tech”) be used to manage evolving regulatory requirements?
• How mature are we in Denmark when talking about “Reg Tech” – and where would we like to see ourselves in the future?

2019 Speakers

Mikkel Holm Sørensen
PhD and CEO, KL7

Sune Gabelgaård
Head of Digital Fraud, Intelligence & Research, Nets