MCO to Acquire Fairwords - AI-Powered Communications Protection Software Becomes Part of MCO's Global Compliance Offerings

New York, 13 June, 2023 - MyComplianceOffice Inc (MCO), a leading provider of conduct risk and compliance technology, is pleased to announce the acquisition of Fairwords, a pioneer in AI-powered electronic communications software that simultaneously captures digital communications while proactively enforcing policy and can even train employees as they type. 

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Hong Kong ICAC Releases Anti-Corruption Guide for Banking Industry

Hong Kong has become one of the most corruption-free nations in the world. The Transparency International 2022 Corruption Perceptions Index (CPI), the most widely used global corruption ranking system, lists Hong Kong as the 12th most ‘clean’ nation out of 180. The system measures how corrupt a country’s public sector is perceived to be, according to experts and businesspeople.

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Regulatory Expectations Demand the Latest SaaS Compliance Technology

A while back “build vs. buy” was a hot topic when firms were looking to implement new or updated compliance technology. That debate has faded into the background a bit as the industry has shifted to the adoption of SaaS technology as the standard for compliance software.

But for firms that still have systems that were internally built embedded within their organization, the question of when it’s time to sunset their legacy platform and move to a more modern SaaS-based solution remains.

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Addressing Compliance Within Financial Firms’ CPD Requirements

The financial services industry brings substantial responsibilities for those working within it, often far beyond other professions. After all, dealing with money brings significant consequences when managed incorrectly. The outcomes of improper financial management, unethical behaviour, and conflicts of interest can impact not only the lives of clients but also financial advisers who fail to meet the standards of regulators or their firms.

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MCO Wins Best Compliance Management Solution in FinTech Breakthrough Awards

NEW YORK - March 23, 2023 – Global conduct risk and compliance technology provider MyComplianceOffice (MCO), today announced that it has been selected as winner of the “Best Compliance Management Solution” award in the 7 th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough , an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market today.   
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