According to Wikipedia, Regulation Technology, or RegTech, is “a new field within the financial services industry that utilizes information technology to enhance regulatory processes. It puts a particular emphasis on regulatory monitoring, reporting and compliance and is thus benefiting the finance industry. The objective of RegTech is to enhance transparency as well as consistency and to standardize regulatory processes, to deliver sound interpretations of ambiguous regulations and thus to provide higher levels of quality at lower cost. Oftentimes RegTech companies utilize the cloud through software-as-a-service.
ACS is a platform-as-a-service RegTech company that helps governments and corporations reduce cost, mitigate risk and increase efficiency when managing regulatory compliance requirements, by allowing them to access multiple technologies using a single portal.
- One Secure Vendor
- One Software Interface
- Seamlessly Integrated Application Ecosystem