Today, the International RegTech Association (IRTA) announced the foundation of its Swiss Chapter. The IRTA is a united community of individuals and organizations, with a shared vision to innovate, advance, and influence the future of Regulatory Technology (RegTech) globally.

The Swiss Chapter of the International RegTech Association (IRTA CH):

• Fosters an open and innovative RegTech ecosystem across industries in Switzerland and abroad,
• Promotes the exchange of views and the collaboration between RegTech providers, regulators, industry organizations, science, professional advisors, service providers and consumers and
• Is open to private persons and legal entities as well as organizations under public law and represents the interests of its members.

A significant number of Swiss RegTech industry professionals and companies such as Apiax, Finform, indigita, Riskifier, and TaxLevel, together with corporate members such as Orbium have already joined the IRTA as founding members, strongly believing in the need of industry-wide, global collaboration to foster standardization in the regulatory space.

“With RegTech taking an increasing role in Financial Services, the IRTA is now more needed than ever. We’re excited to be part of an organization that is helping to shape the future of the space and move the industry forward.”

Ralf Huber, President of the IRTA CH and Co-Founder of Apiax

“Our Swiss Chapter will play an integral role in helping us create a globally integrated, hybrid ecosystem for RegTech.”

Subas Roy, Global Chair of the IRTA

“The global IRTA has been incorporated as a Swiss association. I am delighted that we can further expand our activities within Switzerland and foster the exchange between local and global RegTech initiatives.”

Gino Wirthensohn, Board Member of the IRTA and Co-Founder of Riskifier

“RegTech will be everywhere in the future. Not only because it will significantly reduce costs and risks, but because it will improve health and transparency in all industries through a higher maturity of compliance – and that’s the real beauty of RegTech.”

David Bundi, Member of the IRTA CH team and Chief Compliance Officer at Hypothekarbank Lenzburg AG

“RegTech will not only enable an automated and a more efficient compliance function but also propel client services into the 21st century. The IRTA will help to coordinate and align activities but also act as the voice for industry concerns.”

Urs Bolt, Member of the IRTA CH team and FinTech & RegTech Advisor

For more information, please visit https://regtechassociation.org.

Featured image via https://regtechassociation.org/