PRESS RELEASE
For Immediate Release
Larnaca, Cyprus – 06/12/2023
Complytek, a leading innovator in the regulatory technology sector, is proud to announce its inclusion in the RegTech100 for 2024. This prestigious list, now in its seventh year, is compiled by RegTech Analyst and highlights the top 100 companies revolutionizing the world of regulatory technology.
The 2024 RegTech100 list features the most innovative and impactful firms that are aiding financial institutions in navigating the complexities of modern regulatory environments. Amidst a challenging economic backdrop marked by high inflation and a slowdown in private investment, the RegTech sector has shown remarkable resilience, with a predicted growth from $12.82bn in 2023 to $60.77bn by 2030.
Complytek’s selection is a testament to its commitment to delivering cutting-edge solutions in information security, compliance, risk management, and fraud prevention. The company has been instrumental in driving operational improvements in financial services through innovative AI implementations.
Quote from Co-founder Christos Ttiniozou: “We are thrilled to be recognized in the RegTech100. This acknowledgment reflects our team’s hard work and dedication to innovation in regulatory technology. We remain committed to providing our clients with solutions that not only meet but exceed the demands of the ever-evolving financial landscape.”
Quote from Anastasios Ttiniozou, Co-founder: “Being part of the RegTech100 is a significant milestone for Complytek. It validates our efforts in developing technologies that are pivotal in transforming the compliance and risk management sectors. We look forward to continuing our journey as a leader in the RegTech space.“
The complete RegTech100 list and detailed information about each company can be accessed at www.RegTech100.com.
Complytek equips mid-market financial institutions with a robust solution to address the $3 trillion global money laundering issue through its award-winning Client Lifecycle Management (CLM) platform.
As a recipient of the prestigious ChartisRisktech AI 50 placement, Complytek’s CLM integrates perpetual KYC/CDD with AI-powered transaction monitoring and risk management technologies, earning industry recognition for its innovation and efficiency.
SaaS clients benefit from rapid deployment within 48 hours, while SaaP implementations are completed in 45 days, both at a significantly reduced cost (15%) compared to legacy systems. Designed to align with the strategic priorities of growing institutions, our solution remains resilient to macroeconomic challenges, ensuring long-term operational sustainability.
End of Press Release
