How the Pure Storage Platform Empowers RegTech in Financial Services

There’s an old saying that nothing is certain except for death and taxes, but a banker would beg to differ. In the financial services realm, a third certainty is regulation.

In the last decade, the regulatory landscape for financial services has grown more complex and dynamic with new rules and standards around data privacy, AI governance, fraud monitoring, and ESG—including Know Your Customer (KYC) and Anti-Money Laundering (AML). RegTech (regulatory technology) emerged as a solution—and it’s no longer a niche. 

Today, RegTech is a strategic imperative for financial services firms in a world defined by data, compliance, and relentless innovation. And adoption is not without its challenges—especially as it evolves with generative AI, federated learning, and blockchain technologies. 

Thankfully, there’s a solution that could help firms accelerate RegTech adoption while derisking IT environments and securing data from the ground up: a unified data platform.

What is RegTech and How Has it Evolved?

RegTech is the application of technology to address and solve regulatory requirements and challenges in financial services. Its roots lie in the 2008 global financial meltdown, which led to a significant increase in both the depth and breadth of regulation. 

RegTech quickly emerged as a critical enabler for financial institutions to stay compliant, manage risk, and unlock operational efficiencies. Now, the sector is projected to reach a global valuation of $87 billion by 2028, growing at nearly 24% CAGR¹. That growth is driven by a few contributing factors:

• Rising Regulatory Complexity: New rules around ESG, digital assets, and data privacy require agile, scalable solutions. Automated, cloud-based RegTech platforms are meant to enable accurate, auditable, and scalable reporting across jurisdictions, reducing the risk of fines and manual errors.
• Data Explosion: The volume, velocity, and variety of regulatory data are overwhelming legacy systems.
• Consumer and Corporate Expectations: Both clients and internal stakeholders demand seamless, secure, and transparent interactions. In terms of ESG, new regulations require firms to gather, analyze, and report on metrics across portfolios and supply chains, demanding flexible data integration and analytics.
• Worries over Financial Crime, Cyber, Identity & Privacy: Automated KYC, AML, sanctions screening, and fraud prevention—powered by real-time analytics and AI—are essential for both compliance and customer trust.
• Compliance Management Concerns: End-to-end platforms embed compliance into business processes, providing traceability, horizon scanning, and automated policy management.

How Pure Storage Empowers Financial Services Firms Navigating RegTech

In 2025, financial services firms face a dual mandate: master regulatory complexity and harness data for competitive advantage. But successful RegTech adoption hinges on firms’ ability to master their data, first.

That’s because at the heart of RegTech’s effectiveness is data: its storage, management, security, and accessibility. Legacy storage architectures often cannot scale to meet the demands of real-time analytics, regulatory reporting, and AI-driven compliance. This is where modern data storage platforms like Pure Storage are making a transformative impact:

1. Performance and Scalability for Financial Services’ Data-Intensive Workloads

Financial services firms are entrusted with massive volumes of sensitive data. Pure Storage’s all-flash solutions deliver the speed and reliability needed for real-time analytics, fraud detection, and compliance automation, supporting everything from customer onboarding to regulatory reporting.

It’s why nine of the top 10 global investment banks and seven of the top 10 asset managers rely on Pure Storage to power their data-driven operations, achieving improved performance, reduced downtime, and greater agility.

2. More Simplicity and Agility—Less Complexity and Bottlenecks

Legacy systems and fragmented data continue to hinder compliance. In 2025, simplicity means leveraging automation, unified data architectures, and intuitive workflows to reduce manual effort and operational risk. Pure Storage’s unified platform offers ultimate flexibility, enabling financial firms to scale storage on demand and integrate seamlessly with cloud and on-premises environments. This is crucial for deploying new RegTech solutions and responding to evolving regulatory requirements.

Discover how Česká spořitelna reduced storage management effort by 30% and power consumption by 20% after migrating to Pure Storage, freeing up resources for compliance initiatives.

3. Enhanced Security and Compliance

With built-in encryption, immutable snapshots, and AI-driven management, Pure Storage helps financial institutions safeguard sensitive data and maintain robust audit trails—key for meeting GDPR, MiFID II, and other regulatory obligations.

4. Cost Efficiency and Sustainability

Pure Storage’s Evergreen architecture and energy-efficient design reduce total cost of ownership (TCO) and carbon footprint—an increasingly important consideration as ESG regulations tighten. Firms benefit from lower operational costs, less downtime, and a greener IT footprint.

5. Non-disruptive, upgradeable technology that’s always modern amidst regulatory change

As regulations evolve, Pure Storage’s platform evolves, too—delivering non-disruptive upgrades that ensures that financial institutions can adapt quickly to new compliance mandates without costly infrastructure overhauls.

Ready to transform your compliance strategy and future-proof your data infrastructure? Learn more about how Pure Storage can help you harness the power of data.