The adoption and use of regulatory technologies in the United States continues to progress, in parallel with rapid technological and analytical advancements. In the Data Coalition’s RegTech 2021 Series, presented by Donnelley Financial Solutions, we explore what this new future looks like and the possibilities for accelerating data modernization to realize long-lasting and substantial benefits for regulators, businesses, and the American people.
In late 2020, the U.S. Congress advanced multiple AI-focused pieces of legislation that largely aim to shift the use of AI in government from research to production. Applying AI in practice requires ethical standards, robust data governance, sound data quality, and organizational support, among other factors. During these virtual discussions in the Data Coalition’s RegTech 2021 Virtual Series, presented by Donnelley Financial Solutions, thought leaders in AI from around the world will delve into what the new laws and promising practices mean for the U.S.’s adoption of AI alongside regulatory technologies to improve reporting processes for regulated entities while improving government’s analytical and oversight capabilities. With the expected reintroduction of the Financial Transparency Act (FTA) and other emerging federal regulatory activities in the United States, there is great potential in the future of RegTech to deliver on the promise of AI, including using the complete, correct, and accurate data that the FTA would deliver.
During the RegTech 2021 Series, sessions will address emerging RegTech opportunities related to applications of artificial intelligence as well as standards and approaches for the next phase of environmental, social, and corporate governance in the United States.