Trump’s vow to cut business regulation may help ‘regtech’ startups

(Reuters) – President elect Donald Trump is pro-business and anti-red tape. But what if your business is red tape?
Companies whose technology helps banks and investors cope with the welter of post financial crisis regulations and avoid increasingly hefty fines – a sector known as “regtech” – are sanguine about Trump’s pledge to dismantle some of those reforms.
Their equanimity is based on a belief that if regulations are replaced rather than scrapped and the o