title: Regulatory technologies in traditional industries as an element of the digital transformation: Perspectives for development
metadata.name: dc.contributor.author
metadata.value: Altynov, Artem I.
metadata.lang: -
metadata.name: dc.contributor.author
metadata.value: Turovets, Yulia V.
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2022-09-13T17:06:18Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2022-09-13T17:06:18Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2022-06
metadata.lang: -
metadata.name: dc.identifier.citation
metadata.value: Altynov A. I., Turovets Y. V. 2022. Regulatory technologies in traditional industries as an element of the digital transformation: Perspectives for development. Vestnik of Saint Petersburg University. Management 21 (2): 237–262.
metadata.lang: en_GB
metadata.name: dc.identifier.other
metadata.value: http://doi.org/10.21638/11701/spbu08.2022.204
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/37751
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: The article considers regulatory technologies as one of the key topics in finance digitalization
  due to the consistent growth of fraud, compliance rules, and procedures. It also gains attention in
  other traditional industries to answer similar scope of challenges. Regulatory technologies have
  become a common element of digitalization which allows for effective management of a growing
  administrative burden and reduces associated risks. At the same time, regulatory technologies
  adoption can be considered as an indirect indicator of the digitalization effects, including the
  growth of regulatory burden. This paper identifies the main objectives of regulatory technologies
  adoption relevant to traditional industries (telecommunication, trade, manufacturing, transport,
  construction, energy and utilities, healthcare, public administration). Based on the results, the
  study offers the prospects for regulatory technologies development in these industries according
  to the proposed composite index. It comprises nine indicators in four groups measuring financial
  losses from fraud and data leakages, administrative compliance workload, the digital maturity of
  sectors. The results indicate that the highest potential for regulatory technologies adoption, apart
  from service (finance, telecommunication, trade), is significant for manufacturing and healthcare
  due to a high frequency of fraud, data breaches, high compliance costs, and new regulatory
  requirements associated with the increasing pace of digitalization.
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: en
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: St Petersburg State University
metadata.lang: en_GB
metadata.name: dc.relation.ispartofseries
metadata.value: Vestnik of St Petersburg University. Management;Volume 21; Issue 2
metadata.lang: -
metadata.name: dc.subject
metadata.value: regulatory technologies
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: financial services
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: digital transformation
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: traditional sectors
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: composite index
metadata.lang: en_GB
metadata.name: dc.title
metadata.value: Regulatory technologies in traditional industries as an element of the digital transformation: Perspectives for development
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Article
metadata.lang: en_GB
resources.filename: 910.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/37751/1/910.pdf
resources.format: Adobe PDF
resources.size: 2,14 MB