MORRISTOWN, N.J., Oct. 18, 2018 /PRNewswire-PRWeb/ -- PerformLine, the leading RegTech company that delivers automated compliance solutions, today announced it was named to Banking CIO's Top 10 RegTech Solution Providers for 2018. This recognition highlights PerformLine's use of innovative technologies and strategies in their RegTech platform to drive success for clients in the banking industry
Since the financial crisis of 2008, the need for regulatory compliance technology has become critical for financial institutions. With rapidly evolving regulations and soaring fines and penalties imposed for noncompliance, failure to maintain a sound compliance practice can create areas of tremendous risk for an organization.
PerformLine empowers enterprises across the financial sector with a comprehensive marketing and sales compliance oversight solution to mitigate those growing risks. By leveraging PerformLine's SaaS platform, organizations get proactive compliance coverage across the channels where they interact with consumers like the web, emails, chats and call centers.
The Banking CIO Top 10 RegTech Solution Providers list is determined by CEOs, CIOs, VCs and Banking CIO Outlook's editorial board, who evaluated top tier RegTech players in the space. The ten vendors recognized provide best-in-class RegTech solutions across various spheres in the financial and regulator space including marketing compliance and surveillance, compliance data management, fraud prevention and audit trail.
"PerformLine is honored to be recognized as a Top 10 RegTech Solution Provider by the best and brightest in the banking industry," said Alex Baydin, CEO of PerformLine also featured in Banking CIO Outlook. "To be among this impressive lineup of RegTechs is a great distinction and is a recognition of the hard work our employees do everyday to continue to foresee the needs of our growing roster of clients in the financial space."
PerformLine will be at Money20/20, the premier conference for Payments, FinTech and Financial Services October 21-24 in Las Vegas. For those who want to hear the latest on the RegTech and compliance landscape, PerformLine CEO Alex Baydin will join the kick-off session "The Emergence of RegTech & the Future of Regulatory Compliance" on Sunday, October 21 at 10:00AM PST. Companies can also speak to a compliance expert to learn more about the PerformLine SasS suite of automated sales and marketing compliance solutions in the exhibit hall at Kiosk #72, or by requesting a meeting by clicking here.
ABOUT PERFORMLINE
PerformLine is the leading RegTech company delivering automated sales and marketing compliance solutions to mitigate regulatory risk and ensure brand safety. Its cloud-based platform empowers enterprises with the intelligence, insights, and tools needed to mitigate risk across all consumer interactions channels including web, voice, chat, and email. PerformLine provides its clients with significant time and costs savings by automating compliance activities across channels and departments. For more information, visit http://www.PerformLine.com or follow PerformLine on Twitter and LinkedIn.
SOURCE PerformLine
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