Top 10 Regtech Solution Providers 2022
Emerging business and service models indicate that innovation is still advancing more quickly than regulation. Regulatory and supervisory bodies are considering supervisory technologies to provide oversight, adopting more flexible approaches to develop policy and publishing guidelines on emerging technology topics such as data privacy, algorithmic decision making, autonomous vehicles, and initial coin offerings. Regtech is a very active and rapidly developing field since regulatory compliance has grown more difficult and crucial during the COVID-19 epidemic.
While utilizing technology platforms like blockchain to implement efficient regulatory solutions and adjust to the continuously evolving global regulatory environment, the RegTechmarket is faced with several obstacles. Moreover, the development of fintech in the new post-pandemic manner has sped up the digitization of RegTech applications and improved the environment. However, there are a variety of regulatory solutions as well as services that are around the industry today.
As the industry is filled with numerous solution providers, businesses around the globe are finding it a tough time to find the right partner. To sort down this challenge, our team of editors, CEOs, CTOs, and researchers have listed a set of innovative solution providers creating a difference in the Regulatory Technology space. Here are the “Top 20 RegTech Solution Providers 2022”.
Company:
Acin
Management:
Paul Ford
Designation:
Founder & CEO
Headquarters:
London, England
Website:
acin.com
Acin has built the defining data network for operational risk control, for leading financial institutions. Acin’s award-winning Risk Control Diagnostics platform digitizes and assures operational risk controls in a connected data network across the financial services industry.
Company:
Compliance & Risks
Management:
Joe Skulski
Designation:
CEO
Headquarters:
Cork, Ireland
Website:
complianceandrisks.com
Compliance and Risks' mission is to help ensure global companies have the tools to build consumers safe, sustainable, products in a world full of change. They are the trusted market access technology provider for the world’s leading brands. They stay ahead of an ever-evolving regulatory landscape so that you can, too.
Company:
ComplyAdvantage
Management:
Charles Delingpole
Designation:
Founder & CEO
Headquarters:
London, England
Website:
complyadvantage.com
ComplyAdvantage believes that compliance doesn’t have to be painful. Businesses need real-time financial crime insight to put them in control. They enable clients to understand the real risk of who they’re doing business with, through the world's only global, real-time risk database of people and companies.
Company:
Docfox
Management:
Ryan Canin
Designation:
CEO
Headquarters:
Boston, MA
Website:
docfox.io
DocFox is the leading provider of business account opening software, used by over 250 financial institutions worldwide including banks, crypto companies, fintechs, and credit unions. DocFox creates a streamlined onboarding experience for financial institutions, automating previously manual tasks for both business account applicants and employees.
Company:
Elliptic
Management:
Tom Robinson
Designation:
Chief Scientist
Headquarters:
London, England
Website:
elliptic.co
The company help customers make the crypto economy a safe place to transact and invest as crypto paves the way for a new, digital monetary system. Crypto businesses, financial institutions, and government turn to Elliptic for blockchain analytics, training, and certification to better manage financial crime risk in crypto.
Company:
Interfacing
Management:
Meir Levi
Designation:
CEO
Headquarters:
Montreal, Quebec
Website:
interfacing.com
Interfacing Technologies Corporation is the global leader in Integrated Management Systems, empowering organizations to efficiently govern business complexity through business process management software and quality management solutions. Interfacing’s solutions are intuitively designed for business users; facilitating multiple organizational programs within a single platform and covering the full spectrum of quality, governance, improvement, and compliance initiatives.
Company:
JWG Group Limited
Management:
PJ Di Giammarino
Designation:
Founder & CEO
Headquarters:
London, England
Website:
jwg-it.eu
JWG is recognised by regulators, financial institutions and technology firms as the independent analysts to help determine how the right regulations can be implemented in the right way. Their independence permits them to collaborate with regulatory and industry bodies, financial institutions and technology firms without serving the interests of any constituent over another.
Company:
Know Your Customer
Management:
Claus Christensen
Designation:
Co-Founder & CEO
Headquarters:
Wan Chai, Hong Kong
Website:
knowyourcustomer.com
Know Your Customer provides next generation digital on-boarding solutions to financial institutions and regulated organizations around the world. They empower compliance teams to better protect their business and efficiently perform all necessary KYC and AML checks on both corporate and individual customers, centralizing the on-boarding process through a uniquely easy-to-use platform.
Company:
Red Oak Compliance
Management:
Stephen Pope
Designation:
Co-Founder & CEO
Headquarters:
Cedar Park, TX
Website:
redoak.com
A leader in providing technology solutions in the regulatory compliance space, Red Oak Compliance Solutions helps compliance teams create more efficient, compliant review processes. By shifting the compliance team's focus to higher priority tasks, Red Oak transforms compliance into a strategic and competitive advantage within the organization.
Company:
Trapets
Management:
Dan Sjöholm
Designation:
CEO
Headquarters:
Stockholm, Sweden
Website:
trapets.com
InstantWatch by Trapets empowers companies to remain compliant and combat financial crime. Through InstantWatch, users have access to: KYC, AML, CDD, Market Surveillance and Financial Crime Surveillance. The modular-based SaaS product suite monitors over 3 billion transactions per day and serves 200+ customers globally.