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Monitoring
RegTech platforms watch regulatory feeds and trigger alerts in real time.
RegTech 101:Regulatorytechnologyexplained
How RegTech solutions support compliance and risk teams.
Get a simple definition of regulatory technology, see common RegTech solutions, and learn how they help small business compliance teams stay ahead of change.
What is RegTech?
RegTech—short for regulatory technology—describes cloud tools and automation that help teams monitor regulations, capture evidence, and submit reports. RegTech for small business teams focuses on alerts, automated workflows, and plug-ins that reduce manual compliance tasks.
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Use cases
Obligations tracking, policy automation, reporting, and identity or transaction monitoring.
API
Integration
Modern regulatory technology connects directly to case management and analytics tools.
Benefits
Why regulatory technology reduces compliance pressure
Faster updates. RegTech solutions flag regulatory changes immediately, so small business compliance teams can brief leadership without manual research.
Automated evidence capture. Workflows collect logs, approvals, and attestations in the background, strengthening compliance and risk management reporting.
Shared visibility. Dashboards show who owns tasks, which obligations are overdue, and how incidents are resolved—perfect for hybrid compliance and risk teams.
Use cases
Common RegTech solutions to consider
- Obligations intelligence Tools that monitor regulatory updates, classify obligations, and route changes to relevant owners.
- Workflow automation Case management, marketing approvals, incident logging, and attestations that capture evidence automatically.
- Monitoring & reporting Transaction surveillance, identity checks, and templated reports that feed supervisors or auditors in near real time.
Selection
How to choose RegTech solutions
- Map high-effort workflows List processes that drain compliance hours—obligation research, attestations, case tracking, or reporting packs.
- Prioritise risks + data sources Decide which regulations, jurisdictions, or product lines you need the tool to cover first.
- Assess integration paths Confirm the RegTech solution connects to identity systems, document stores, case tools, or BI dashboards via API or flat files.
- Pilot + measure Run a short proof of concept, capture manual hours saved, and record user feedback before scaling.
Kick-start a RegTech roadmap
Start small
Pick one obligation family—privacy, conduct, or prudential—and digitise it before expanding.
Automate evidence capture
Configure workflows that log control checks, approvals, and communications automatically.
Connect to reporting rhythm
Feed RegTech outputs into board packs and compliance dashboards so leaders see real impact.
RegTech glossary snapshot
RegTech glossary snapshot
RegTech. Regulatory technology that automates compliance monitoring, evidence capture, and reporting.
SupTech. Technology regulators use to supervise entities; often integrates with the same data your RegTech tools provide.
Low-code connectors. Pre-built integrations or workflow builders that move data between RegTech and internal systems without heavy development.
FAQs
RegTech FAQs
What is RegTech in simple terms?
RegTech is software that helps compliance and risk teams keep up with regulations by automating monitoring, workflows, and reporting.
How is RegTech different from compliance software?
Compliance software may focus on policies or training. RegTech typically automates regulatory change, monitoring, and filings, often integrating with multiple systems.
Do small business teams really need RegTech?
Yes—lightweight tools can alert owners to changes, capture approvals, and prepare evidence when headcount is limited.
What should we measure after deploying RegTech?
Track time saved, reduction in manual errors, faster reporting cycles, and improved visibility for regulators or auditors.
Drova's RunGood platform links obligations, owners, and RegTech outputs so you can prove progress quickly.
Ready to coordinate regulatory technology rollouts?
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