TORONTO, June 25, 2020 – The CIO Strategy Council (CIOSC) and the Canadian Regulatory Technology Association (CRTA) today announced a new partnership to advance regulatory efficiency and promote digital governance research, proof-of-concepts, and standards in the Canadian RegTech ecosystem.
“Now, more than ever, it is clear that a more dynamic compliance and risk management approach is needed, and no doubt technology will play a central role. But for innovation to truly thrive, the private and public sectors need to work together,” said Donna Bales, co-founder and member of the board of the Canadian Regulatory Technology Association. “Scoping new standards and testing concepts are key steps towards a stronger ecosystem and we are pleased to work alongside the CIO Strategy Council to improve, create and adopt technical standards and advance regulatory efficiencies in Canada.”
“Technology is transforming how public and private sector organizations can solve complex regulatory challenges and in what way they are able to manage compliance and outcomes” said Keith Jansa, Executive Director of the CIO Strategy Council. “We are looking forward to working with CRTA in advancing collective digital governance solutions and standards to improve the productivity and ability for businesses and government institutions to ultimately provide better services to Canadians.”
About CIO Strategy Council
The CIO Strategy Council provides a forum for Canada’s most forward-thinking chief information officers to focus on collectively transforming, shaping, and influencing the Canadian information and technology ecosystem. The Council has deployed a nationally accredited, agile, and consensus-based standards-setting process that matches the speed of innovation and advancement in information and communications technology (ICT). Learn more at ciostrategycouncil.com
The Canadian Regulatory Technology Association
The Canadian Regulatory Technology Association is a not-for-profit organization focused on solving regulatory challenges through collaborative efforts among key RegTech stakeholders: regulated entities, technology vendors, regulatory bodies, government and professional service providers. The goal is to facilitate dialogue, raise standards, and promote growth and innovation within the Canadian RegTech eco-system. The organization will endeavour to solve regulatory challenges through collaborative discussion and engagement in proof-of-concept initiatives. Learn more at canadianregtech.ca
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For more information:
Madi Murariu
Vice-President, Strategic Initiatives and Partnerships
CIO Strategy Council
Madi.murariu@ciostrategycouncil.com
Paul Childerhose
Strategic Advisor
Canadian Regulatory Technology Association
paul@canadianregtech.ca