Red Oak Compliance was once again named to the RegTech 100 list. This list was created to recognize “the world’s most innovative RegTech companies that every leader in the regulatory industry needs to know about.”
This year marks Red Oak’s fifth consecutive year to be included on the RegTech100list.
What Criteria Are Considered for the RegTech100 List?
Companies considered for the RegTech100 are evaluated on the innovative solutions they provide. The complete set of criteria to be considered for the RegTech100 includes:
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- Industry significance of the problem being solved
- Growth, in terms of capital raised, revenue, customer traction
- Innovation of technology solutions offered
- Potential cost savings, efficiency improvement, impact on the value chain, and/or revenue enhancements generated for clients
- How important is it for financial institutions to know about the company
Why Does This Recognition Matter to Red Oak?
Inclusion on the RegTech100 list highlights our company’s ongoing commitment to excellence and innovation in developing regulatory technology.
Our team takes great pride in creating intelligent software and providing resources that streamline the regulatory compliance process and help customers mitigate risk. We continue to develop AI-powered technology to support customers in highly regulated industries so that our customers can be prepared and stay ahead of rapidly advancing regulatory changes.
Red Oak provides a gold standard for books and records compliance and is at the forefront of the industry’s shift toward AI-powered regulatory compliance technology. The RegTech100 criteria focus on innovation, efficiency, and value – and we are proud that we provide all three in the technology we offer to our customers.
You can read the press release here on our website, and you can access full details about the recognition and the other companies honored on the RegTech100.com website.
