FCA's Cook hopes to embrace machine learning

On the sidelines of Money20/20, held in Amsterdam this week, bobsguide caught up with Nick Cook, head of regtech and advanced analytics at the UK's Financial Conduct Authority (FCA). All of the external facing regtech sits under my department. Internally, I'm leading our more advanced analytics, both the technology side - cloud analytics - as well as building out our human side - our data science capability. Over time, through training and development we can start to build it out and expand in an osmotic fashion across the wider organisation - effectively enabling us to leverage machine learning. We're also running sandboxes and hackathons to develop and encourage the regtech contingent of the UK startup market.