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SupTech Intelligence

State of SupTech report

The Cambridge SupTech Lab’s 2023 State of SupTech Report presents insights on the current state of the digital transformation of financial supervision.

It focuses on how the development and implementation of financial suptech is evolving across the globe, extracting insights from the information provided by 64 financial authorities such as central banks, securities and capital market authorities, financial conduct authorities, and insurance supervisors from six continents.

The survey responses boast a robust and geographically diverse representation of financial authorities, representing financial sector oversight for a significant population of approximately 2 billion people.

This year’s survey leverages the 2022 State of SupTech Report as a baseline to provide a picture of emerging trends, persisting and new challenges, maturing strategies, and attained impacts. Compared to last year, the 2023 survey included five times more questions, allowing for a substantially more detailed and expansive analysis.

State of SupTech report 2022
81% are engaged in different
suptech initiatives
59% use one or more
suptech applications
54% have created new positions
to lead suptech initiatives
9% have a comprehensive
suptech strategy or roadmap

SupTech Library