Clausematch, a global RegTech company automating policy management and regulatory compliance at financial institutions and other regulated organizations, has been recognized as RegTech of the Year by the annual US FinTech Awards.
The award celebrates regulatory technology that provides tools capable of being used across industries.
Clausematch’s “policy management and compliance solution is unique and easy to use and the company is doing fantastic work in digitizing regulation,” said host Geeta Pendse.
The company has seen substantial growth in the US market as it continues to expand its footprint in the country. Work in the region includes servicing multiple clients from one of the biggest asset managers in the world with US $10 trillion in assets and operations across 30 countries. Clausematch also assists top tier global banks such as Barclays as well as innovative small and medium-size FinTechs.
“It’s incredible to win RegTech company of the year,” said Danny Gal, Chief Revenue Officer for Clausematch. “Thank you to the US FinTech Awards, the organizing team, and the judges. We look forward to continuing working with the fintech industry on our best-in-class solutions for compliance and lifecycle management.”
According to a report from TechNavio, a leading tech research company, the US is about 30% of the market share, and growing, for RegTech opportunities. As there becomes increasing demand for complex regulatory reporting and risk management, companies like Clausematch are expected to see demand for their services to help provide compliance management and monitoring.
Clausematch’s technology helps companies achieve agile robust policy and procedure management, hitting efficiencies and improving the quality and standardization. To recall, Clausematch was recently listed on AIFinTech100 and RegTech100 industry listings.