Complinet ‘shaping the future of finance’ says Financial News
Complinet identified as one of 21 companies with the potential to shape the financial services landscape in the 21st century
New York, NY and London, UK - August 13, 2007
Complinet, the leading provider of solutions that dynamically deliver relevant compliance intelligence to industry professionals, has been included in Financial News' second annual list of 21 technology companies likely to shape the future of the financial services industry in the new millennium.
Citing Complinet's ability to deliver real-time compliance intelligence and services to end-users, Financial News included Complinet in the list that promises a ‘glimpse of the future’ by identifying innovative and influential businesses with the potential to significantly impact the industry. Overall, companies were chosen for having “innovative technology, a clear vision of how they might improve the markets in which they operate” and a “...track record of success”. Companies operating in almost all areas of the securities industry were evaluated for inclusion, based on recommendations from consultants and practitioners.
Paul Johns, chief marketing officer for Complinet, said: “The regulatory burden on the financial sector is growing, as companies that do not implement a form of compliance automation expose themselves to significant risk. It is rewarding to see that Complinet's contributions to helping the sector meet its compliance obligations are being recognized, and we are honored to be included among Financial News' top 21 technology leaders.”
“This accolade reinforces the importance for automating awareness and action of ongoing regulatory changes and the need for financial services firms to connect external market changes with internal systems and controls,” said Brian Babineau, senior analyst with Enterprise Strategy Group. “Complinet's solutions help its customers improve their compliance awareness, manage risk and stay on top of the rules that govern their respective businesses.”
The complete list was published in the June 25th edition of the Financial News and is available on their website.
About Complinet
Complinet is the leading provider of dynamic and connected risk and compliance solutions to the global financial services industry.
The company’s solutions minimize exposure to risk by providing the information and technology to track and connect live external events, such as regulatory or sanction changes, with internal policy management and screening activities.
Complinet was founded in 1997 and employs more than 200 people in its offices in New York, London, Sydney and Dubai. Every day, industry professionals in more than 1,600 firms across 81 countries rely on Complinet to provide information, analysis and solutions that help them keep pace with changing regulations.
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