Scaling Success: ComplyAdvantage Named Best RegTech Solution at Finovate
The award is one of five announcements in September highlighting the company's fast-growing demand around the globe.
LONDON, NEW YORK, and SINGAPORE, Oct. 3, 2019 /PRNewswire-PRWeb/ -- ComplyAdvantage, the regtech utilizing data science and Machine Learning to neutralize the risk of global financial crimes, has won Best RegTech Solution at Finovate's Award ceremony in New York City. The award follows a series of awards, nominations, and announcements last month.
ComplyAdvantage was selected from hundreds of applicants to represent the fintech industry's best and brightest companies. The award comes from the Finovate Group, a research and events firm focused on innovation in financial and banking technology, and its panel of industry judges from around the globe.
"We are continually investing in our team, technology, and products. This award represents industry recognition for the need to bring compliance solutions into the 21st Century," said Charles Delingpole, Founder and CEO of ComplyAdvantage. "Thank you to the ComplyAdvantage team, clients, and investors for helping us to push the boundaries of the regtech market."
Further to that success, ComplyAdvantage earlier in the month was named the 16th fastest-growing private technology company on the Tech Track 100 list by Fast Track, a research and events firm in the United Kingdom, in conjunction with the Sunday Times.
"Last year we were one of the Top 10 Technology Companies to Watch. This year, the first year that we were eligible for the main list, we made the top 20 of the 100. ComplyAdvantage's growth is a testimony to the strong interest compliance departments have in moving away from legacy systems and leveraging better data and technology for AML and CFT compliance," Delingpole added.
On September 12th, ComplyAdvantage celebrated the opening of its office in Singapore. The new office represents ComplyAdvantage's growing footprint in the Asia Pacific.
The following week, ComplyAdvantage was awarded a spot on the FinTech50, for the third year in a row. The Fintech50's prestigious judging panel analyzed over 2,000 fintechs and selected the top 50 based on their innovation and momentum.
Late last week, the news broke that Delingpole was also nominated to be the 2019 Entrepreneur of the Year by City A.M., one of London's most-read financial and business newspapers. The winner will be announced Thursday, November 7th.
About ComplyAdvantage:
It is estimated that trillions of dollars are laundered annually funding financial crime and yet less than 3% is ever caught. ComplyAdvantage's vision is to take on and neutralize the risk of money laundering, terrorist financing, corruption and all other global financial crimes by providing the world's only dynamic global risk database of people and companies. Powering a suite of configurable cloud services, ComplyAdvantage integrates seamlessly to help automate and reduce the frustration of complying with Sanctions, AML, and CFT regulations.
Founded in 2014 ComplyAdvantage works with over 450 firms across 45 countries. Backed by Index Ventures and Balderton Capital, ComplyAdvantage has four global hubs in London, New York, Cluj-Napoca, and Singapore. For more information, go to complyadvantage.com.
SOURCE ComplyAdvantage
Share this article