Complinet, the leading provider of solutions that dynamically deliver relevant compliance intelligence to industry professionals, has been included in Financial Newsâ second annual list of 21 technology companies likely to shape the future of the financial services industry in the new millennium.
Citing Complinetâs ability to deliver real-time compliance intelligence and services to end-users, Financial News included Complinet in the list that promises a âglimpse of the futureâ by identifying innovative and influential businesses with the potential to significantly impact the industry. Overall, companies were chosen for having âinnovative technology, a clear vision of how they might improve the markets in which they operateâ and a ââ¦track record of successâ. Companies operating in almost all areas of the securities industry were evaluated for inclusion, based on recommendations from consultants and practitioners.
Paul Johns, chief marketing officer for Complinet, said: âThe regulatory burden on the financial sector is growing, as companies that do not implement a form of compliance automation expose themselves to significant risk. It is rewarding to see that Complinetâs contributions to helping the sector meet its compliance obligations are being recognised, and we are honoured to be included among Financial Newsâ top 21 technology leaders.â
âThis accolade reinforces the importance for automating awareness and action of ongoing regulatory changes and the need for financial services firms to connect external market changes with internal systems and controls,â said Brian Babineau, senior analyst with Enterprise Strategy Group. âComplinetâs solutions help its customers improve their compliance awareness, manage risk and stay on top of the rules that govern their respective businesses.â