Artificial intelligence (AI) is advancing at an unprecedented pace, reshaping industries, workforce dynamics, and economic structures worldwide – “The Fourth Industrial Revolution” – As we continue to see businesses and employees working with and alongside new autonomous technology in highly productive ways limited only by the user’s imaginations. These developments present enormous opportunities especially for a small nation such as Northern Ireland which is already punching above its weight in cutting-edge technologies for satellite systems, propulsion, and space-based communications as demonstrated in the recent Matrix Growing Space Industry report. 

In response to the emergence of regulatory technology, this report serves as a valuable resource for policymakers and industry leaders, to drive the future of Regtech in Northern Ireland.

Regtech, marks a significant evolution in the financial and compliance sectors, as regulation becomes increasingly complex, there is need for innovative solutions to streamline compliance processes, enhance transparency, and mitigate risks has never been more pressing.

Northern Ireland as a burgeoning hub for technology and innovation via its blend of a skilled workforce, strong academic institutions, and a supportive business environment can be at the forefront of Regtech implementation as it becomes more widely used.

This report identifies the key players , assesses the challenges they face, and outline the opportunities that lie ahead.