In its 4th year, the RegTech100 list recognizes companies that address the challenges of dealing with regulatory pressures within financial services, transforming compliance and risk management.
MCO is among 100 RegTech innovative companies that are leading innovation when using technology to solve significant industry problems, address compliance challenges and generate improvements across the compliance function.
During the list announcement, Mariyan Dimitrov, RegTech Analyst director, said, “Financial institutions need to be aware of the latest RegTech innovation in the market in order to avoid new compliance risks and stay competitive despite new regulations around customer onboarding and remote communication post Covid-19. The RegTech100 list helps senior management 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 reporting.”
“We’re delighted to make the list this year. The RegTech sector has adjusted admirably to the COVID-19 crisis and helped to support the financial sector and the wider community.” Brian Fahey, CEO at MCO.
About MCO (MyComplianceOffice)
MCO works to deliver the best quality conduct risk solutions for global enterprise financial services and corporate firms. MCO has 550 client’s firms in 80 countries and offices in Texas, New York, Dublin and Singapore. MCO solution, a Software as a Service, is well placed to assist firms automating manual compliance activities and improve the more inefficient areas of compliance within the business.
The original version of this article was published at Business Wire.