At this time there has not been a lot written about RegTech in Canada. That said, with the ever shifting regulatory landscape (particularly as it pertains to financial services and Fintech) we see this as being a growing market with opportunity.
Currently there are no special licensing requirements for regtech providers.
We are not aware of any data regarding the overall size of the regtech market in Canada. However, there are several players active in the field including Investorcom, a company headquartered in Toronto whose sales grew 33% in the fiscal year ended October 31, 2016, Trulioo, a leading global identity verification service based out of Vancouver, and APrivacy, a digital privacy security provider based out of Waterloo.
Nora F. Osbaldeston
William L Northcote