From October 2016 to September 2020, the RegTech for Regulators Accelerator (R2A) partnered with standard-setting bodies, financial authorities, and technology firms to accelerate supervisory technology (SupTech) applications and the digital transformation of financial supervision. We broke new ground working at the frontier of SupTech, demonstrating that there is value in the creation of private sector solutions for public agencies' challenges, that those financial authorities and the civil servants who oversee our financial sectors are eager to use new technologies - and they deserve to work with modern tools and in a new culture of innovation! - and that there is a potential for a marketplace for those solutions to rise.
R2A paved the way for the creation of the Cambridge SupTech Lab at the Cambridge Centre for Alternative Finance (CCAF), University of Cambridge Judge Business School. The expertize, processes and tools developed by R2A have been foundational for the Lab to come to life. Please follow this new iteration of our work at www.cambridgesuptechlab.org.
This website will remain online as a resource library for the work of R2A, but will no longer be updated. We wish to thank all the supervisors, technologists, and other experts who have contributed to the success of R2A.
In the increasingly complex, digital financial world, R2A and its partners pioneer supervisory technology (SupTech) applications to deepen the oversight of the marketplace and enhance policy intelligence. Through the solutions developed with R2A, financial authorities access new datasets and deploy smart analytical tools establishing knowledge and evidence that drive targeted, risk-based decision-making.
R2A solutions harness big data to maintain stability, pursue consumer protection, strengthen integrity, sustain competition, and drive innovation in inclusive financial sectors. The cutting-edge applications developed through the programme are conceived using modern methodologies such as design sprints and human centred design (HCD) to define the project scope and specs, and leveraging the R2A agile procurement and prototyping processes to engage technology vendors.