26 November 2019 – Axiom HQ named in RegTech 100 for 2020
Axiom HQ, an industry-leading provider of regulatory compliance solutions for the financial services industry, today announced that it has been selected as a RegTech 100 company for 2020.
RegTech 100 is a global directory of the leading 100 companies in the RegTech (Regulatory Technology) sector compiled and published annually by RegTech Analyst, a specialist research firm. This year a panel of analysts and industry experts voted from a long list of over 1000 companies compiled by RegTech Analyst. The entries were chosen based on their innovative use of technology to solve a significant regulatory problem or generate significant cost savings or improve efficiency across the compliance function.
Axiom HQ’s SaaS-delivered software platform, Axiom has been designed to manage the complex and burdensome issues associated with regulatory compliance, especially when processes and procedures in place are manual and fragmented widely across multiple departments and systems.
John O’Dwyer, CEO of Axiom HQ said, “We are very pleased to be included in the Top 100 RegTech firms. We focus on some of the more challenging areas of regulatory compliance including evidence-based monitoring, breach management and oversight of outsourcing relationships and have been delighted to see how much benefit our clients can gain from applying automation to these areas. Given the weight of regulation now in force and the size of the penalties, it’s really a question of how leading firms use RegTech, not if.”
“Financial regulators around the world are making efforts to mitigate risks for consumers and firms, increasing the regulatory obligations of financial services firms”, according to Mariyan Dimitrov, Head of Research at RegTech Analyst. “Axiom HQ helps these firms demonstrate compliance, by using the platform’s comprehensive rules-mapping, risk and control tools, automated reporting features and powerful dashboards generating significant cost savings and improving efficiency”.
At its core, Axiom is a single platform on which all compliance rules, processes, controls, reports and dashboards can be modelled and automated. Specific Axiom solutions address some of the most challenging areas of compliance including Client Assets (CASS), The Senior Managers and Certification Regime (SMCR) and Third-Party Outsourcing and Oversight.
Media contact: Juno Kurian Thomas
Phone: +44 7421368782
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Industry-leading regulatory compliance solutions
Axiom HQ provides regulatory compliance solutions designed to help you demonstrate and evidence compliance using Axiom platform’s comprehensive rules-mapping, risk and control tools, automated reporting features and powerful dashboards.