State of Suptech Report 2022

Categories : RegTech, Regulation of Digital Financial Services

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The State of SupTech Report 2022 presents insights on the current state of the digital transformation of financial supervision worldwide, providing a global snapshot across several facets of suptech, including underpinning digital infrastructure and technologies, supported supervisory use cases, approaches employed for developing and deploying suptech applications, and the related challenges and risks.

The Report includes insights derived from engagement with 146 financial authorities who are developing and implementing supervisory technologies (suptech), and establishes a baseline from which to track the progress and impact of suptech adoption allowing financial authorities across the world to benchmark the progress of their suptech initiatives. By also surfacing key insights from the nascent and rapidly growing industry of suptech vendors, the report advances the understanding of the suptech ecosystem depicting a 360-degree view of the marketplace and its foundational elements

To facilitate more granular analyses of these macro trends, the Report introduces a novel “SupTech Taxonomy,” as well as a “SupTech Generations 2.0” framework, to classify and assess supervisory use cases, technologies, data science tools, and conversations across the ecosystem in a standardized and structured manner.