Author: Waymark Tech – waymark.com
Waymark Tech, a UK-based RegTech providing global regulatory insight and analytics to the private and public sectors, has been named, for the fourth year running, in FinTech Global’s RegTech100 List of the world’s most innovative RegTech companies. Waymark is one of only ten companies globally to have received this accolade in four consecutive years.
To be included in the RegTech100, companies are assessed by industry experts against clear criteria, including the significance of the problem they solve, innovation in their solution, customer traction, and potential impact. This year there were more than 1,000 entrants, and within the top 100, 62 of them were new.
“Compliance challenges and the pace of regulatory change have been heightened by the shift to remote work during Covid-19. This has put the spotlight firmly back on Regulatory Technology and therefore to be once again named in the top 100 RegTech firms is a huge honour. To be one of only ten firms that have been featured in every edition since its inception is a testament to the hard work of our team, our technology, and the value of strong partnerships with our clients” said Mark Holmes, Founder and CEO of Waymark Tech.
The RegTech100 list scours the globe to identify the most innovative providers of solutions that address regulatory challenges and issues facing businesses in financial services. Finalists are recognised for their pioneering use of technology to solve a significant industry problem, to generate cost savings, or to make efficiency improvements in regulatory and compliance management.
The use of RegTech solutions to transform the compliance function is an increasingly critical component of financial institutions around the world. The prestigious RegTech100 list is one of the first ports of call for senior management and compliance staff to be able to assess the best solutions for their needs in the current marketplace.
Waymark Tech’s leading-edge technology uses Artificial Intelligence, Machine Learning, and Natural Language Processing to deliver tailored and actionable regulatory and enforcement content to its users, in real-time. Assisting government agencies, legal and professional services firms, and financial institutions, Waymark is delighted to have been recognised yet again for its innovative and flexible solutions.