{"id":5774,"date":"2020-03-19T09:37:47","date_gmt":"2020-03-19T09:37:47","guid":{"rendered":"https:\/\/fintech.global\/AIFinTechForum\/?p=5774"},"modified":"2020-03-19T09:37:47","modified_gmt":"2020-03-19T09:37:47","slug":"arctic-intelligence-named-the-australian-founded-regtech-of-the-year-and-regtech-exporter-of-the-year-2020","status":"publish","type":"post","link":"https:\/\/fintech.global\/AIFinTechForum\/arctic-intelligence-named-the-australian-founded-regtech-of-the-year-and-regtech-exporter-of-the-year-2020\/","title":{"rendered":"Arctic Intelligence named the Australian-founded RegTech of the Year and RegTech Exporter of the Year 2020"},"content":{"rendered":"
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The awards are coming fast now for\u00a0Arctic Intelligence<\/a>. The Aussie scaleup just picked up two awards at\u00a0The RegTech Association\u2019s<\/a>\u00a0annual awards ceremony shortly after being recognised as a Rising Star in Deloitte\u2019s Technology Fast50 late last year.<\/strong><\/p>\n

Despite the global coronavirus pandemic, The RegTech Association held its ceremony to celebrate the best RegTech companies and individual founders in Australia and internationally. However, it decided to hold the celebrations on the web.<\/p>\n

\u201cWhile we have yet to see the impact to innovation from the current pandemic, we want to send out a clear message that we are open for business and industry contributions and achievements need celebrating more than ever,\u201d said Deborah Young, CEO at The RegTech Association.<\/p>\n

Around 100 people from more than 60 organisations globally attended the online broadcast<\/p>\n

Anthony Quinn, founder and CEO of Arctic Intelligence, was one of the founders that dialled in to celebrate the industry\u2019s achievement. He was also delighted to win the Australian Founded RegTech of the Year and RegTech Exporter of the Year 2020 categories.<\/p>\n

\u201cOn behalf of the whole team we are honoured that Arctic Intelligence has been recognised for our financial crime risk and compliance management solutions and to have won the Australian Founded RegTech of the Year 2020, is a real achievement against some very worthy contenders and I am incredibly proud of our team who made this happen,\u201d Quinn said.<\/p>\n

\u201cI would also like to acknowledge both our clients and partners who have championed the adoption of our financial crime risk and compliance solutions that are now used by hundreds of clients across 18 industry sectors and nine different countries.<\/p>\n

\u201cAnd finally, I would like to acknowledge the role of regulators in encouraging regulated businesses to consider regulatory technology, as well as, The RegTech Association itself for building a thriving community to shine a light on the RegTech sector and the value these solutions can deliver.\u201d<\/p>\n

The other winners included\u00a0RegTech100<\/a>\u00a0venture\u00a0Ascent<\/a>, which picked up the gong in the RegTech of the Year-International Founded category. The recognition comes after the US-based company\u00a0raised $19.3m in a Series B round in November 2019<\/a>.<\/p>\n

Commonwealth Bank of Australia was named the RegTech Innovator of the Year while Sophie Gerber of TRAction Fintech won the RegTech Female Founder of the Year awards. Itree won the RegTech Social Impact of the Year award.<\/p>\n

\u201cA heartfelt congratulations to our winners this year for their significant efforts in business growth, innovation and contribution to the industry,\u201d Young said. \u201cThe RegTech Awards underpin everything we\u2019re trying to achieve \u2013 working towards a global centre of excellence and accelerating RegTech adoption across regulated ecosystems.<\/p>\n

\u201cThese businesses have clearly demonstrated their hard work in continuing to cultivate RegTech both in Australia and overseas, and very much deserve this recognition. In fact, all our finalists have helped the industry come a long way in 12 months and should be applauded. We have seen such diversity in the entries including from regulated organisations and large corporates who are playing their role in encouraging and adopting innovation.\u201d<\/p>\n

She was excited to see what these companies and the rest of the association\u2019s members will do next. \u201cThe time for RegTech to take flight and gain velocity is now \u2013 the industry needs a heavy focus on accelerating adoption as we truly begin to see the resulting social impacts on people, trust, and the future of work.\u201d<\/p>\n

If you want to meet the country\u2019s leading RegTech companies we will have a dedicated Australian corner at the Global RegTech Summit this year.<\/em><\/p>\n

Register today \u2013 www.globalregtechsummit.com<\/em><\/p>\n

Copyright \u00a9 2020 RegTech Analyst<\/p>\n<\/div>\n