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RegTech, or Regulatory Technology, refers to technology that helps companies comply with regulations efficiently and cost-effectively. These tools cover a wide array of industries burdened by extensive regulatory requirements. RegTech solutions use big data analytics, artificial intelligence (AI), machine learning (ML), and cloud computing to transform the way firms manage compliance activities. By automating processes, these platforms reduce the risk of non-compliance and associated penalties while helping businesses cut costs that would otherwise be spent on manual reviews.

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