Palturai is pleased to announce that we have been ranked as one of the world’s leading regulatory technology companies on the annual RegTech100 list by specialist research firm RegTech Analyst.
The exclusive list recognizes the most innovative technology solution providers addressing the challenges of regulatory pressures in financial services.
We were selected for our ground-breaking Palturai BusinessGraph, which offers new ways of looking at customers and business partners – not as isolated entities, but as interconnected nodes in a vast global network. This way of seeing legal and business relationships is particularly valuable when it comes to compliance, risk and fraud.
Tilo Walter, CEO at Palturai, says: “We are honored to be included in the RegTech100 list for 2021. This recognition highlights our passion for providing innovative technology tools that enable organizations to better understand the relationships of customers and business partners in their respective ecosystems. We recognize the growing challenges facing financial institutions in the global economy and are proud to be identified as a solution to key industry issues.”
Mariyan Dimitrov, Research Director and RegTech Analyst, said: “Banks and other financial institutions need to be aware of the latest RegTech innovations in the market to avoid new compliance risks and remain competitive. The RegTech100 list helps senior management sift through all the vendors in the market by highlighting the leading companies in areas such as identity verification, risk management, communications monitoring, information security and reporting.”
Many other use cases
There are many other uses for Palturai BusinessGraph in financial institutions. In addition to improving KYC processes, users can discover and highlight “trouble spots” in the business network and receive customized, automatic updates. The solution also provides added value in cleansing business partner master data and monitoring and automatically updating their information. The Palturai BusinessGraph increases efficiency throughout the intelligent enterprise.
If you are interested in learning more about our solutions and use cases, please contact our team.