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We hosted a webinar with Finextra to discuss new research findings conducted with more than 100 respondents from 70+ banks across 20+ countries, which showed:
- Compliance obligations are seriously impacting client experience – particularly collecting new data and documentation (lack of integration is a key culprit)
- Managing the pace of regulatory change is still a major pain point and banks are overwhelmed
- 84% of banks feel their current compliance technologies are not flexible enough to manage future regulations easily.