Impact of Regulatory Compliance on Software Infrastructure Risk Reporting Systems in Financial Technology-A Case Study

Abstract

This paper identifies the complex interrelationship of regulatory compliance with software infrastructure and risk reporting systems within the environment of financial technology (fintech). Its approach leverages detailed case studies to evaluate how regulatory requirements influence the architecture, development, and deployment of risk reporting systems within AWS Cloud environments. The paper took into account the nature of regulatory mandates, the challenges that arise in updating or upgrading the software infrastructure of Fintech firms with the changing regulatory mandates, and best practices and strategies. Third, the cardinal role played by expert business leaders in driving compliance initiatives to foster the culture of regulatory adherence within their organizations. The result has brought out the substantive essence of efficient compliance management on market integrity, risk minimization, and operational efficiency within the changing dynamics of the fintech ecosystem. This paper adds essential insights and findings for firms looking to strengthen their compliance practice and optimize risk reporting capability. At the same time, it has pointed out avenues for future research in regulatory compliance and software infrastructure development within the fintech industry.