SupTech
Supervisory Technology
Definition
Technology solutions used by regulators and supervisory authorities to enhance their oversight capabilities. SupTech applications include automated data collection and analysis, natural language processing of regulatory filings, machine learning for anomaly detection, and network analysis for systemic risk monitoring.
Regulatory Context
Central banks and regulators are increasingly investing in SupTech to handle growing volumes of supervisory data and identify risks more proactively. The BIS and FSB have published reports on SupTech adoption across jurisdictions.