HEXANIKA is delighted to announce that it has been named as one of the world’s most innovative regtech companies on the RegTech 100 list.
According to the RegTech100 press release, “A panel of analysts and industry experts voted from a long list of nearly 1,200 companies produced by RegTech Analyst, a specialist research firm. Sixty new companies entered the RegTech100 for 2022 and the finalists were recognized for their innovative use of technology to solve a significant industry problem, or to generate efficiency improvements across the compliance function.”
“It’s fantastic to be recognized for our innovative work in the RegTech industry,” says Yogesh Pandit, CEO & founder of HEXANIKA. “2022 is the year of data and the time is right for banks and other financial institutions to address regulatory compliance challenges with technology, rather than people”
Banks and other financial institutions are investing heavily into AI capabilities to automate highly manual regulatory tasks, support digital onboarding processes and monitor for fraudulent activity “– Mariyan Dimitrov, Director of Research at RegTech Analyst
“The RegTech100 list helps them filter through all the vendors in the market by highlighting the leading companies in sectors such as identity verification, risk management, communications monitoring, information security and financial crime prevention.”
A full list of the RegTech100 for 2022 and detailed information about each company is available to download for free.
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