Product Code: ETC4405707 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Regtech, or regulatory technology, is gaining traction in Malaysia as regulatory requirements become more complex. The Malaysia Regtech market focuses on providing innovative solutions to help financial institutions and other sectors comply with evolving regulations efficiently. The demand for regulatory compliance solutions is propelling the growth of this market.
The Malaysia Regtech market is expanding as financial institutions seek to meet regulatory compliance while minimizing costs and risks. Regulatory technology solutions provide automation and data analytics to facilitate compliance. The growing complexity of financial regulations and the need to stay updated in real-time are key drivers pushing organizations to adopt regtech solutions.
The regulatory technology (regtech) market in Malaysia confronts several challenges as it endeavors to assist businesses in complying with regulatory requirements. One of the foremost challenges is the dynamic nature of regulatory changes, which necessitates regtech solutions to remain agile and promptly adapt to new rules and compliance standards. Cybersecurity and data privacy concerns pose another significant challenge, as the handling of sensitive financial and personal data requires robust security measures to prevent breaches and data leaks. Additionally, gaining the trust and buy-in of traditional financial institutions and regulatory authorities to adopt regtech solutions can be a hurdle, as these organizations may be cautious about embracing new technologies.
The COVID-19 pandemic has significantly influenced the Malaysia RegTech Market. Regulatory challenges have been amplified in the wake of the crisis, prompting businesses to seek technologically advanced compliance solutions. RegTech platforms equipped with AI-driven analytics and real-time reporting functionalities have gained traction. The pandemic has accelerated the adoption of these technologies, underscoring the critical role of regulatory technology in navigating the evolving compliance landscape in Malaysia.
The regulatory technology (RegTech) sector in Malaysia is seeing the emergence of influential players. Notable among them is MyFinB, a homegrown company specializing in AI-driven regulatory compliance solutions. Their innovative approach to automating compliance processes has garnered them a strong position in the Malaysia RegTech landscape. Additionally, ComplyAdvantage, with its cutting-edge anti-money laundering and compliance solutions, has made significant strides in the Malaysia market. Their advanced technology and focus on risk management have solidified their presence in the RegTech sector.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malaysia RegTech Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia RegTech Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia RegTech Market - Industry Life Cycle |
3.4 Malaysia RegTech Market - Porter's Five Forces |
3.5 Malaysia RegTech Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.6 Malaysia RegTech Market Revenues & Volume Share, By Application , 2021 & 2031F |
3.7 Malaysia RegTech Market Revenues & Volume Share, By Organization Size , 2021 & 2031F |
3.8 Malaysia RegTech Market Revenues & Volume Share, By Deployment Mode , 2021 & 2031F |
3.9 Malaysia RegTech Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Malaysia RegTech Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing regulatory complexity and compliance requirements in Malaysia |
4.2.2 Growing adoption of digital technologies and automation in financial services industry |
4.2.3 Rising focus on data security and privacy in the wake of cyber threats |
4.3 Market Restraints |
4.3.1 High initial investment and implementation costs of regtech solutions |
4.3.2 Resistance to change and traditional mindset within some organizations |
5 Malaysia RegTech Market Trends |
6 Malaysia RegTech Market, By Types |
6.1 Malaysia RegTech Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Malaysia RegTech Market Revenues & Volume, By Component , 2021-2031F |
6.1.3 Malaysia RegTech Market Revenues & Volume, By Solutions, 2021-2031F |
6.1.4 Malaysia RegTech Market Revenues & Volume, By Services, 2021-2031F |
6.2 Malaysia RegTech Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Malaysia RegTech Market Revenues & Volume, By Risk & Compliance Management, 2021-2031F |
6.2.3 Malaysia RegTech Market Revenues & Volume, By Identity Management, 2021-2031F |
6.2.4 Malaysia RegTech Market Revenues & Volume, By Regulatory Reporting, 2021-2031F |
6.2.5 Malaysia RegTech Market Revenues & Volume, By AML and Fraud Management, 2021-2031F |
6.2.6 Malaysia RegTech Market Revenues & Volume, By Regulatory Intelligence, 2021-2031F |
6.3 Malaysia RegTech Market, By Organization Size |
6.3.1 Overview and Analysis |
6.3.2 Malaysia RegTech Market Revenues & Volume, By SMEs, 2021-2031F |
6.3.3 Malaysia RegTech Market Revenues & Volume, By Large Enterprises, 2021-2031F |
6.4 Malaysia RegTech Market, By Deployment Mode |
6.4.1 Overview and Analysis |
6.4.2 Malaysia RegTech Market Revenues & Volume, By On-Premises, 2021-2031F |
6.4.3 Malaysia RegTech Market Revenues & Volume, By Cloud, 2021-2031F |
6.5 Malaysia RegTech Market, By Vertical |
6.5.1 Overview and Analysis |
6.5.2 Malaysia RegTech Market Revenues & Volume, By Banking, 2021-2031F |
6.5.3 Malaysia RegTech Market Revenues & Volume, By Insurance, 2021-2031F |
6.5.4 Malaysia RegTech Market Revenues & Volume, By Non-Financial, 2021-2031F |
7 Malaysia RegTech Market Import-Export Trade Statistics |
7.1 Malaysia RegTech Market Export to Major Countries |
7.2 Malaysia RegTech Market Imports from Major Countries |
8 Malaysia RegTech Market Key Performance Indicators |
8.1 Percentage increase in the number of regulatory changes in Malaysia |
8.2 Percentage growth in the adoption of regtech solutions by financial institutions |
8.3 Reduction in compliance errors and violations |
8.4 Increase in the number of cybersecurity incidents reported by financial institutions |
8.5 Improvement in time taken to onboard new regulatory requirements by organizations |
9 Malaysia RegTech Market - Opportunity Assessment |
9.1 Malaysia RegTech Market Opportunity Assessment, By Component , 2021 & 2031F |
9.2 Malaysia RegTech Market Opportunity Assessment, By Application , 2021 & 2031F |
9.3 Malaysia RegTech Market Opportunity Assessment, By Organization Size , 2021 & 2031F |
9.4 Malaysia RegTech Market Opportunity Assessment, By Deployment Mode , 2021 & 2031F |
9.5 Malaysia RegTech Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Malaysia RegTech Market - Competitive Landscape |
10.1 Malaysia RegTech Market Revenue Share, By Companies, 2024 |
10.2 Malaysia RegTech Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |