Banks have to prepare for an increase in more thorough banking regulations and compliance requirements in the coming years. These requirements include retaining high-quality data for internal and regulatory reporting, capital planning and stress testing processes, new market risk methods (FRTB), modeling risk-management frameworks, and detailed real-time surveillance. 

Banks need to start adopting the innovative new technology solutions that enable intelligent and automated handling of regulation-related processes today to manage these extensive compliance requirements that are coming in the near future.