From SupTech to GovTech: Sunsetting the SupTech Lab at Cambridge and Scaling Public-Sector Transformation
Today marks the final day of the SupTech Lab at the University of Cambridge. The Cambridge SupTech Lan was created to go deeper into questions we had already begun exploring through the RegTech for Regulators Accelerator (R2A) and earlier work at Digital Transformation Solutions (DTS): how can financial authorities meaningfully evolve in a digital world? […]
Women in banking: Interview with Sonja Kelly, Women World Banking
For the month of March, in honor of International Women’s Day, the Cambridge SupTech Lab will be featuring inspiring leaders of women in finance and financial supervision. We asked them questions about women in banking as well as about career advice and mentorship. Our next leader is Sonja Kelly, Vice President, Research & Advocacy, Women’s World Banking (WWB).
Women’s economic empowerment: Interview with Clara Arthur, United Nations Capital Development Fund (UNCDF)
For the month of March, in honor of International Women’s Day, the Cambridge SupTech Lab will be featuring inspiring leaders of women in finance and financial supervision. We asked them questions about financial inclusion as well as about career advice and mentorship. Our next leader is Clara Arthur, Policy and Ecosystem Specialist, United Nations Capital Development FundGhana (UNCDF).
Women for financial inclusion: Interview with May Abulanga, Central Bank of Egypt
For the month of March, in honor of International Women’s Day, the Cambridge SupTech Lab will be featuring inspiring leaders of women in finance and financial supervision. We asked them questions about financial inclusion as well as about career advice and mentorship. Our next leader is May Abulanga, First Sub Governor, Central Bank of Egypt.
Taking market conduct supervision to the next level
My journey as a financial supervisor and my intention to expand my impact with the Cambridge SupTech Lab
For the last nine years, I have been a market conduct supervisor in the Peruvian financial authority, the Superintendence of Banking, Insurance, and Private Pension Funds. My mission has been to protect financial consumers from unfair practices and to ensure that financial service providers conduct their business in the best interest of consumers.
Navigating the intricacies of AI in suptech
This is the second post of the Cambridge SupTech Lab log series ” Artificial intelligence (AI) in financial supervision: Promises, pitfalls, and incremental approaches”. The first post of the series is available here. Read the third post in the series here.
Gender in financial supervision: Interview with Simran Singh, UK Financial Conduct Authority (FCA)
For the month of March, in honor of International Women’s Day, the Cambridge SupTech Lab is featuring inspiring leaders of women in finance and financial supervision. We asked them questions about financial inclusion as well as about career advice and finance mentorship. Our next leader is Simran Singh, TechSprint Lead, Innovation Lab, Financial Conduct Authority.
Generative AI in financial supervision: A brief history of a revolution in progress
This is the third post of the Cambridge SupTech Lab blog series “Artificial intelligence (AI) in financial supervision: Promises, pitfalls, and incremental approaches”. In the first post of the series, we explored opportunities for AI in financial supervision. In the second post, we further discussed the need for a “human in the loop” and the complexities of integrating AI into existing supervisory systems, including the ethical considerations, data privacy issues, and the ever-present challenge of balancing innovation and regulation. In this third post, we double-click on Generative AI, a subfield of AI that’s becoming ubiquitous in conversations around tech, financial services, and increasingly in financial supervision.
Suptech and greenwashing: A desirable paradigm shift
Retail and institutional investors increasingly choose to invest in assets that align with biodiversity, climate, and other sustainability goals. This trend has led to a surge in the number of financial products claiming to meet ESG objectives. Notably, ESG-labelled debt securities in the global bond market have grown from €135 billion in 2018 to an estimated € 900 billion in 2023, representing around 14 to 16% of the year’s total issuance.
Artificial intelligence in suptech: The need for public sector adoption and adaptation
This is the first post of a series dedicated to “Artificial intelligence (AI) in financial supervision: Promises, pitfalls, and incremental approaches.”
Artificial Intelligence (AI) has already reshaped the financial services sector. The industry has already fully embraced AI across nearly all facets, including data analytics, risk management, compliance, and customer services.
But as this technology develops, so does the risk landscape.
