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Financial Crime (Beta)
Clausematch named among heavy hitters on RegTech100 2023 list
Sarah Beckman
Public Relations Executive - North America
For the third time in four years, Clausematch has been selected for the annual RegTech100 list. The list recognizes innovative technology solution providers from around the world with a special focus on compliance, risk management, information security, and financial crime.
Despite recent investment slowdown in fintech companies, funding for new and existing regtechs "is remaining strong…with both deal activity and investment seemingly unaffected by inflation and other economic worries," according to RegTech Analyst. With thousands of new regulations coming online each month and new threats to the financial sector, the need for regtech SaaS products is persistent.
"It's an honor to earn a place on this prestigious list among such fellow strong regtech firms," said Evgeny Likhoded, CEO and founder of Clausematch. "Thank you to the judges for recognizing Clausematch's hard work in this industry. We look forward to continuing our efforts to bring innovative solutions to this crucial area of the changing technological world."
According to RegTech Analyst, which produced the RegTech100 list, this year's process to select the most innovative companies in the space included the widest and most diverse range of enterprises yet, comprised of nearly 1,300 businesses. The list aims to highlight solutions every leader in financial services needs to have on their radar 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."
Over the past year, Clausematch continued to stand out as a regtech leader, signing a variety of clients in different spaces such as ZEDRA, First Central, and Currencycloud. The company also won RegTech of the Year by the US Fintech Awards, topped Business Cloud's RegTech50 list, and was awarded IBS Intelligence's NeoChallenger Bank prize.
A full list of the RegTech100 and detailed information about each company is available to download for free at www.RegTech100.com.
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