Breaking Down Barriers in RegTech with Shobhan Banoth

Thank you! It’s an honor to be recognized by the TITAN Innovation Awards. I’m Shobhan Banoth, With a background in data science and regulatory technology, I’ve always been passionate about solving complex problems at scale.

My work focuses on helping financial institutions modernize operations, enhance compliance, and engage customers more effectively. I am passionate about mentoring teams and fostering a culture of innovation that empowers individuals to reach their full potential.

The motivation behind developing Regulytics Edge came from a clear need to modernize financial services by breaking down data silos, automating compliance, and enabling real-time decision-making. We saw institutions struggling with legacy systems and regulatory complexity, and we wanted to build a solution that could truly transform how they operate.

This initiative perfectly aligned with our company’s mission to drive intelligent, data-driven innovation. Personally, it was a chance to apply our expertise in analytics and cloud technologies to solve real-world challenges, deliver measurable impact, and empower teams to work smarter, faster, and with greater confidence.

Absolutely! Regulytics Edge stands out for its integration of cutting-edge technologies to solve real-world financial challenges. We combined real-time data streaming (via Kafka and Apache NiFi), advanced analytics, and cloud-native architecture (Snowflake) to create a centralized, scalable data hub.

Unique solutions included automated regulatory reporting, AI-driven fraud detection, and predictive customer engagement models. Our self-service analytics portals empowered business users, while dynamic dashboards visualized compliance, risk, and operations in real time.

Regulytics Edge was designed to solve a critical and common problem in the financial services industry: the fragmentation of data, manual regulatory processes, and slow, reactive decision-making. Traditional systems often rely on siloed data sources, legacy infrastructure, and time-consuming workflows that increase operational risk and reduce agility.

Our innovation centralizes and modernizes these processes by integrating real-time data streaming, automated compliance reporting, and advanced analytics into a single, cloud-native platform. It eliminates manual work, enhances auditability, and drastically reduces reporting cycles and investigation times.

Absolutely! Regulytics Edge stands out due to its powerful combination of real-time analytics, automation, and cloud-native architecture—all tailored to the unique demands of financial services. Key features include:

• Automated Regulatory Reporting: Covers global frameworks like Basel III, Dodd-Frank, and MiFID II, reducing reporting cycles by up to 40%.

• Real-Time Dashboards: Provide live compliance, risk, and operational metrics with alerts for anomalies or late submissions.

• AI/ML-Powered Models: Drive fraud detection, customer segmentation, and predictive marketing.

• Data Lineage and Auditability: Full traceability across data flows, enhancing transparency and speeding up audits.

• Self-Service Portals: Empower business users to access insights and generate reports without IT dependency.

• Cloud Scalability: Built on Snowflake with Kafka/NiFi for seamless, scalable data ingestion and processing.

The success of Regulytics Edge was a true team effort, with each member playing a vital role in bringing the idea to life. Our team’s expertise spanned data engineering, cloud architecture, regulatory compliance, machine learning, and software development—ensuring that every aspect of the platform was both technically robust and aligned with industry needs.

During development, we faced challenges integrating legacy systems with modern cloud architecture, ensuring real-time data flow, and maintaining regulatory compliance across multiple frameworks. My expertise in cloud technologies and data integration helped guide the team in selecting tools like Snowflake and Kafka to overcome scalability and performance issues.

Additionally, my problem-solving skills allowed us to break down complex tasks and manage risks effectively. I fostered cross-functional collaboration, ensuring smooth communication between team members, which was essential for quickly resolving issues. My hands-on leadership and technical background were instrumental in delivering a solution that met both business and regulatory needs.

I hope Regulytics Edge will set a new standard in the financial services industry by transforming how organizations approach data, compliance, and decision-making. By automating regulatory reporting, streamlining operations, and providing real-time insights, we aim to help institutions become more agile, efficient, and proactive. The platform empowers businesses to not only meet regulatory requirements but also drive smarter customer engagement and reduce risk.

Ultimately, we want to inspire a shift toward more data-driven, intelligent decision-making across the financial sector, enabling organizations to adapt faster, reduce costs, and unlock new growth opportunities in a rapidly changing landscape.

Winning this award reflects my commitment to pushing the boundaries of technological innovation in financial services. It validates my vision of creating solutions that integrate cutting-edge technologies—like real-time analytics, AI, and cloud architecture—to solve complex industry challenges.

I believe that true progress comes from transforming legacy systems into agile, data-driven ecosystems that empower businesses to act faster, more intelligently, and with greater compliance. This recognition reinforces the mission to lead the way in driving data-driven innovation and setting new standards for operational efficiency, customer engagement, and regulatory excellence in the financial sector.

During development, one of the key challenges was integrating legacy systems with modern cloud infrastructure while ensuring seamless data flow and maintaining compliance across multiple regulatory frameworks. I also faced the complexity of ensuring real-time data processing without compromising performance.

To overcome this, I chose scalable, cloud-native tools like Snowflake and Kafka to enable efficient data handling. My technical expertise in cloud architecture and data integration allowed me to guide the team in solving these issues. Additionally, fostering a collaborative environment helped quickly adapt and address obstacles, ensuring the platform met both business and compliance requirements.

I see Regulytics Edge driving the future of the financial services industry by setting a new standard for data-driven decision-making, operational efficiency, and regulatory compliance.

As financial institutions increasingly embrace automation and real-time insights, our platform empowers them to be more agile, transparent, and proactive in their operations. By enabling seamless integration of data, AI, and cloud technologies, we’re paving the way for faster, smarter decision-making across the industry.

Ultimately, we envision a future where financial organizations are not only compliant and efficient but also able to innovate faster and deliver more personalized, value-driven experiences to their customers.

I'm particularly excited by the rapid advancements in artificial intelligence, machine learning, and cloud computing. AI and ML, in particular, are transforming industries by enabling smarter, data-driven decisions—whether in predictive analytics, fraud detection, or personalized customer experiences. These technologies are allowing us to automate complex processes and uncover insights faster than ever.

Cloud computing, especially platforms like Snowflake and AWS, is revolutionizing how data is stored, processed, and accessed. It enables scalable, flexible solutions that are cost-effective and performant, which directly influences our work at Regulytics Edge, allowing us to build high-impact, real-time, and scalable solutions for financial institutions.

My advice is to stay focused on solving real, meaningful problems and always align your innovation with the needs of your industry or target audience. Embrace a mindset of continuous learning and iteration—don’t be afraid to fail fast and learn from mistakes.

Collaboration is key, so surround yourself with a diverse team of experts who bring different perspectives. Leverage emerging technologies but stay grounded in practical, scalable solutions.

Lastly, maintain resilience and perseverance; transformative ideas often face resistance, but persistence and adaptability will help you navigate challenges and bring your vision to life.