State of SupTech Report 2022

112 Pages Posted: 12 Jan 2023 Last revised: 1 Feb 2023

See all articles by Simone di Castri

Simone di Castri

Cambridge SupTech Lab - University of Cambridge; University of Cambridge - Cambridge Centre for Alternative Finance

Matt Grasser

Cambridge SupTech Lab - University of Cambridge; BFA; University of Cambridge - Cambridge Centre for Alternative Finance

Jose Miguel Mestanza

University of Cambridge - Cambridge Centre for Alternative Finance

Juliet Ongwae

Independent; University of Cambridge - Cambridge Centre for Alternative Finance

Date Written: December 20, 2022

Abstract

Authored by the University of Cambridge SupTech Lab, the State of SupTech Report 2022 presents insights on the current state of the digital transformation of financial supervision based on engagement with 146 supervisory agencies globally, including: i) Suptech demand from financial authorities, ii) Suptech supply by technology vendors, iii) Challenges to uptake of suptech solutions, iv) Opportunities and challenges unique to specific jurisdictional income levels and agency types. The report provides a global snapshot across several facets of suptech, including underpinning digital infrastructure and technologies, supported supervisory use cases, approaches employed for developing and deploying suptech applications, and the related challenges and risks. The Report also presents a set of novel frameworks to serve as a contextual framing for the insights, such as: i) The SupTech Taxonomy, ii) SupTech Generations 2.0, iii) The suptech landscape, 1987-present, iv) Case studies from across the supervisory stack.

Keywords: SupTech, Supervisory Technologies, Central Banking, Financial Supervision, Financial Regulation, Financial Services, Fintech, Digital Transformation, Securities, Digital Assets, Prudential Supervision, Fintech, Regtech, Compliance, AML, Machine Learning, Big Data

JEL Classification: D23, G38, K22, L22, M15, O16

Suggested Citation

di Castri, Simone and Grasser, Matt and Mestanza, Jose Miguel and Ongwae, Juliet, State of SupTech Report 2022 (December 20, 2022). Available at SSRN: https://ssrn.com/abstract=4322943 or http://dx.doi.org/10.2139/ssrn.4322943

Simone Di Castri (Contact Author)

Cambridge SupTech Lab - University of Cambridge ( email )

NY
United Kingdom

University of Cambridge - Cambridge Centre for Alternative Finance ( email )

Matt Grasser

Cambridge SupTech Lab - University of Cambridge ( email )

NYC
United Kingdom

HOME PAGE: http://cambridgesuptechlab.org

BFA ( email )

259 Elm Street, Suite 200
Somerville, MA 02144
United States

University of Cambridge - Cambridge Centre for Alternative Finance ( email )

Jose Miguel Mestanza

University of Cambridge - Cambridge Centre for Alternative Finance ( email )

Juliet Ongwae

Independent ( email )

University of Cambridge - Cambridge Centre for Alternative Finance ( email )

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