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11/10/17 - Gene Ludwig on Using Regtech to Meet Regulatory Requirements

Promontory Chief Executive Officer Gene Ludwig was quoted in an SNL blogpost on topics covered during The Clearing House’s annual conference.

Ludwig explained that banks are unlikely to get regulatory relief from Congress because the financial services industry is becoming increasingly complex. “There will be more regulatory relief coming from reg tech, from the application of technologies to regulatory obligation, than there will be from any congressional or regulatory change,” he said.

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