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AutoRek Named on RegTech 100 List

AutoRek, a leading provider of financial, operational and regulatory reporting software today announced that it has been selected for the RegTech 100 listing, an exclusive directory of the world’s leading RegTech firms.

RegTech 100 is a list of the world’s most innovative technology solution providers that address the challenges of dealing with regulatory issues within financial services. These are the companies every financial institution needs to know about as they consider and develop their mission critical RegTech and digital transformation strategies.

The companies were selected by RegTech Analyst, a specialist research firm. A panel of analysts and industry experts voted from a longlist of 824 companies produced by RegTech Analyst, compared to a list of 416 last year.

Gordon McHarg, CEO of AutoRek, said, “We are delighted to be selected for the RegTech 100 listing. This recognition reinforces AutoRek’s reputation for being a leading provider of Regulatory Reporting solutions. The forthcoming regulatory challenges that financial institutions are facing mean that firms of all sizes will need to review their existing technology solutions.”

“The impact of the most innovative RegTech companies will be measured in billions of dollars over the next few years,” according to Mariyan Dimitrov, Head of Research at RegTech Analyst. “RegTech 100 companies offer solutions that enhance processes across the entire compliance function, including onboarding verification, risk management, communications monitoring, information security and reporting by using the latest technologies such as artificial intelligence, blockchain, natural language processing and biometrics.”

AutoRek provide a range of financial, operational and regulatory reporting solutions that help firms know their data, understand their data and report completely and accurately on their data. Implemented in many of the world’s largest organisations, AutoRek was recently awarded ‘Best Reconciliations System’.