AutoRek listed in RegTech100 List
Scottish RegTech company, AutoRek, just announced it has been selected as one of the world’s most innovative RegTech companies as part of the annual RegTech100 list.
Autorek was selected amongst a long list of nearly 1,200 companies produced by RegTech Analyst, a specialist research firm, for its innovative use of technology to solve a significant industry problem and generating efficiency improvements across the compliance function.
The Scottish company is a financial controls, regulatory reporting and data management platform which provides complete and seamless control of data. Despite the pandemic.
Kemal Sangrar, Head of Product, AutoRek, said
"We are delighted to be listed in the RegTech100 for the fourth consecutive year. This award is recognition of our commitment in delivering regulatory reporting solutions to the financial services industry and testimony to innovative strategy underpinning our product. We have had a great year with the launch of AutoRek 6, with many clients looking to upgrade in the coming months.”
Mariyan Dimitrov, Director of Research, RegTech Analyst, added,
“Banks and other financial institutions are investing heavily into AI capabilities to automate highly manual regulatory tasks, support digital onboarding processes and monitor for fraudulent activity. The RegTech100 list helps them filter through all the vendors in the market by highlighting the leading companies in sectors such as identity verification, risk management, communications monitoring, information security and financial crime prevention.”
A full list of the RegTech 100 is available at www.RegTech100.com.