What is the purpose of the specialized niche known as RegTech Validation?
Answer
To ensure that the automation tools are configured correctly and produce legally defensible results.
RegTech Validation is dedicated to checking that every new compliance technology is itself compliant, meaning its configuration is accurate and its outputs can be defended legally.
#Videos
Will AI Replace Compliance Officers? - YouTube
Are compliance jobs the wave of the future? - YouTube
Related Questions
What is the primary implication of technological advancements on the landscape for compliance professionals?What specific compliance tasks are highly susceptible to full automation?What aspect of compliance judgment is difficult to automate effectively?According to the task allocation comparison, how does human focus shift in Data Collection & Aggregation post-automation?What literacy becomes increasingly essential for compliance professionals dealing with automated flags?Which roles are identified as strengthening or becoming more critical after automation adoption?What new compliance considerations are introduced by the implementation of automation itself?What is the purpose of the specialized niche known as RegTech Validation?In the tiered future of compliance careers, what is the primary focus of a Compliance Engineer?To achieve long-term viability, what professional focus should compliance personnel consciously cultivate?