eflow, a leading provider of regulatory compliance technology, today announces the launch of RegCheck – a complimentary assessment service that helps financial institutions identify cost-saving and consolidation opportunities across their compliance technology stacks.
Identifying Hidden Compliance Costs
RegCheck is based on eflow’s analysis of recent client migrations and shows that firms can cut compliance technology costs by up to 30% by consolidating multiple, fragmented vendor systems onto a single integrated platform. The service gives compliance and technology leaders a clear view of duplication across areas such as trade surveillance, eComms surveillance and best execution, and where systems can be simplified without compromising regulatory coverage.
In one recent client migration analysed by eflow, a mid-market firm achieved a reduction of nearly a third (29%) in annual compliance technology spend by consolidating its trade surveillance and best execution systems onto eflow’s platform – whilst maintaining full regulatory coverage.
Further assessments revealed similar patterns across multiple client migrations. A U.S. based firm consolidating onto eflow’s platform reduced its annual compliance costs by 22%, whilst a UK asset manager previously paying significantly more for legacy systems saved tens of thousands of pounds a year by moving to eflow's integrated platform.
“As AI adoption accelerates and regulatory complexity intensifies, mid-market firms are scrutinising every pound of compliance technology spending,” commented Ben Parker, CEO at eflow. “Our data consistently reveals the same issue: firms are overpaying for fragmented systems that create operational inefficiencies alongside unnecessary costs. Running separate vendors for trade surveillance, eComms surveillance and best execution - once considered standard practice - doesn't just cost more, it creates data silos, duplicates workflows, and makes investigations slower.”
Benefits Beyond Cost Savings
eflow’s RegCheck audit targets both cost savings and operational efficiency improvements. Beyond direct cost reductions, eflow’s clients also report significant gains in operational efficiency.
Analysis underpinning the service highlights the scale of this impact. In one example, a UK-based broker using eflow’s Sandbox environment to optimise alert parameters reduced alert volumes by 69%, from 4,604 alerts across 25 million trades to 2,922 alerts across 53 million trades, despite more than doubling trading activity. This reduction translates directly into lower analyst workloads and faster investigation times.
Parker added: “The firms achieving the best outcomes are those consolidating onto integrated platforms that deliver multiple regulatory capabilities from a unified environment. A 30% cost reduction whilst improving operational efficiency isn't a trade-off - it's the outcome of smarter technology architecture.”
RegCheck is available now to financial institutions looking to optimise their compliance technology spending.