The annual list identifies the world’s most innovative providers in the regulatory technology market that are helping financial institutions address their most pressing compliance and risk management challenges.
RegEd, the leading provider of regulatory compliance and credentialing solutions for the financial services industry, has announced that it has achieved placement in the 2023 RegTech 100 list. The list, presented annually by FinTech Global, recognizes the most groundbreaking companies in the RegTech space.
"We are thrilled to be recognized as one of the leading innovators in our industry," said John M. Schobel, CEO & Founder of RegEd. "RegEd is committed to providing our clients with advanced technology and hands-on service that enables them to navigate the complex world of compliance and credentialing requirements, as well as deliver an optimized experience for their end customers and distribution partners. This recognition is a testament to our team's ability to effectively execute on that strategy. We’re honored to be included."
According to FinTech Global, prior to the onset of the Covid-19 pandemic, the RegTech sector experienced explosive growth with the rise of hybrid work and increased us of digital channels. As the pandemic begins to recede from view, the popularity of regulatory technology has remained strong, with the market set to grow by a compound annual growth rate of 19.8% by 2027.
With this considered, this year’s process to select the 100 most innovative RegTech companies included the widest and most diverse range of enterprises yet. A panel of analysts and industry experts reviewed a longlist of nearly 1,300 businesses, which was produced by RegTech Analyst. They sought to highlight the solutions every leader in financial services need to know about in 2023.
RegTech Analyst director of research Mariyan Dimitrov said, “With the rapid changes in regulatory frameworks, working habits and customer expectations, compliance and regulatory technology continue to be a growing area of investment for financial institutions as they streamline their operations. The RegTech100 list helps senior executives get a better ROI on that spending by highlighting the leading companies in areas such as onboarding, risk management, fraud prevention and information security”
About the RegTech 100 and FinTech Global
The RegTech100 is an annual list of 100 of the world’s most innovative RegTech companies. These are the companies every financial institution needs to know about as they consider and develop their mission critical RegTech and digital transformation strategies.
FinTech Global is the world’s leading provider of FinTech information services, B2B media products and industry events. We inform, promote and connect FinTech buyers, sellers, investors and innovators worldwide. We serve a network of over 300,000 FinTech professionals from market-leading organisations.