CB Insights named ClauseMatch to the second annual Fintech 250
list, a prestigious group of emerging private companies working on groundbreaking financial technology.
“After we named the inaugural Fintech 250 in 2017, they went on to raise $23B including 30 rounds of over $100 million. 22 of the Fintech 250 have already exited with half via IPO. This year, we've added 113 new companies to the Fintech 250 using the CB Insights Mosaic algorithm, and the group is broad, covering everything from insurance tech to consumer banking to capital markets tech. We look forward to the success of this year's group,” said CB Insights CEO Anand Sanwal.
“We are extremely excited to be on this year’s CB Insights list. This shows that what we are developing as a RegTech company growing in significance and getting noticed in the market place. We started ClauseMatch with two people on-board with an idea to transform how people at banks work with high risk documents. Now in just a few years, we are a company with more than 40 employees. We see a great potential beyond RegTech and compliance automation. This is only the beginning. We are honoured to get this recognition as one of the best companies in the RegTech space,” Evgeny Likhoded, ClauseMatch CEO and Founder commented.
Compliance, legal, finance, operations and risk departments use ClauseMatch to help automate impact assessments, streamline the implementation of regulatory change and to collaborate effectively on thousands of documents across the entire organisation.
ClauseMatch applies deep understanding of the regulatory lifecycle and machine learning to standardise and automate processes and workflows across teams, reducing costs, speeding up implementation and demonstrating compliance to regulators. Comprehensive audit trail delivers accountability, transparency and assurance into readiness for the next review of current governance documentation, internal controls and their links to the applicable regulations.
Institutions benefit from better enterprise governance and proactive regulatory risk mitigation through a 360 degree live view into its current state of compliance with regulatory obligations, further enabling streamlining impact assessment and implementation of existing and future regulations.
ClauseMatch works with the world’s leading financial institutions, legal firms and corporates including Barclays following the time at Barclays Accelerator Program. And is live at several top tier banks for managing compliance.