Top RegTech Solution Companies - Companies
Advancing From Artificial Intelligence To Artificial Enlightenment

Top 10 RegTech Solution Companies - 2021

Regtech solutions have become mission critical for financial institutions as they continue to tackle costly and complex financial regulations. The outsourcing trend has increase due to cost sensitivity and better risk controls as regulatory reporting is deemed a non-differentiating cost. There are significant improvements to the quality of reported data across various regimes and jurisdictions. Continued focus on data quality and new, higher-order regulations governing how firms control their data end-to-end is an ongoing trend.

Tightening of regulations has seen an increased obligation for financial services companies in providing greater visibility into their operations. These firms will need to tread a thin line between privacy and business requirements when it comes to data processing, storage, and investigation. However, this will be challenging for trading, risk-management, and research desks, which rely on personal relationships and often see business and personal information shared in mixed information. This is set to open the space for behavioral-based artificial intelligence platforms that can analyze each communication and focus only on the important data. Retail investment institutions are focusing on digital redesigning of their processes with compliance embedded into that process. Risk tolerance, IPS, and KYC can be built into one digital customer-facing workflow that eliminates the need for countless administrators and compliance officers.

At this juncture, there are a wide variety of solution providers entering the industry with a set of advanced regtech solutions. To help companies navigate through the best-of-breed regtech solution providers, Banking CIO Outlook has compiled a list of ’Top 10 Regtech Solution Providers – 2021.’ The enlisted organizations offer solutions that help combat data breaches, money laundering, and other fraudulent activities. Besides, the magazine also comprises insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for the aspiring CIOs.

We present to you Banking CIO Outlook’s, “Top 10 Regtech Solution Companies – 2021

    Top RegTech Solution Companies

  • FinTecSystems (FTS) is a market leader in Open Banking & Financial Data Analytics with its digital infrastructure and leading machine learning technology. Founded in 2014, this B2B FinTech company has been licensed by BaFin as a payment initiation and account information service provider since March 1st, 2019. FTS specializes in open banking infrastructure and financial data analysis and has emerged as a trusted partner of more than 6,000 banks. FTS’s “Fraud Check” offers automated fraud detection in real time. Using intelligent analysis procedures, FTS checks account data against specific anomalies such as returned direct debits including triggers, garnishment payments or debt collection procedures

  • iDenfy is a full-stack identity verification service provider. The company combines liveness detection, ID verification and face recognition into a user- friendly verification process that can be completed at the comforts of ones’ homes. The company quickly transforms the user’s smart phone into an ID scanning terminal and facial recognition system. iDenfy’s product helps businesses comply with Know Your Customer (KYC) rules and support electronic identity verification requirements (eIDV). Using their AI-powered biometric recognition service, companies can verify customer IDs and prevent fraud

  • Broadridge


    Provide advanced technology and operations, communications, data and analytics solutions for the financial services industry and businesses



    iSPIRAL is a leading regulatory technology software provider delivering state-of-art AML, KYC, Risk and Compliance solutions. Over the past 14 years we helped hundreds of organisations meet their compliance and regular obligations

  • MetricStream


    Reduce losses and risk events with forward-looking risk visibility. Enable a modern and integrated risk management approach with real-time aggregated risk intelligence and their impact on business objectives and investments.

  • NAVEX Global

    NAVEX Global

    Provide a system that automates processes, operationalizes big data, and provides real-time risk information to make compliance program truly exceptional

  • NICE Actimize

    NICE Actimize

    Detect, prevent, and investigate money laundering, fraud, and compliance violations with a holistic view of risk across the organization

  • PerformLine


    Automatically discover, score, and continuously monitor brand across millions of web pages, including content sites, search, lead generation, merchants, and partners for regulatory and brand compliance



    RIMES provides managed data services and regtech solutions to asset managers, owners, servicers and banks

  • VeriLeaf


    VeriLeaf provides enterprise-grade software to community financial institutions operating in higher-risk markets