Looming Regulatory Flux A Boon For Fintechs, Says KPMG

Law360, London (August 1, 2017, 12:45 PM BST) -- Regulatory turbulence will pose major challenges for financial services providers and give a boost to the technology firms that can help them navigate the changing landscape, analysts from KPMG said on Tuesday.

The professional services firm's quarterly financial technology study reveals that the London market has remained buoyant despite the threat of Brexit, as traditional names begin to rethink how they will cope with the logistical and legal changes starting in January 2018.

"The outlook for the U.K. is especially exciting as we wait to see just how much innovation Brexit will drive," said Murray Raisbeck, global head of fintech at...

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