Late last month, the Cambridge SupTech Lab — which is housed within the Cambridge Centre for Alternative Finance at the Cambridge Judge Business School — released its “State of SupTech Report 2023.”
The report presents the results of the Lab's survey of 64 financial authorities globally on their adoption of supervisory technologies (suptech). The survey found a positive trend in the uptake of suptech, with 81% of respondents reporting involvement in suptech initiatives, up from 71% in 2022. However, the Lab also found that many of these implementations remain in the early stages, and that few agencies have formulated a comprehensive suptech strategy or roadmap.
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