FX RegTech – Important factors to consider when implementing a solution and choosing a provider.

The FX market’s decentralised nature has always posed particular challenges. The past year, with its extreme volatility, highlighted the need for robust regulation as firms onboarded clients from diverse jurisdictions, each bringing separate KYC and AML norms to consider. Vivek Shankar explores some of the steps involved and factors to consider when implementing a RegTech solution and choosing a suitable provider.