Tag: Ascent

Regulatory compliance company Ascent continues its winning streak by expanding its coverage of Australian laws.

Compliance automation platform Ascent has added a new unnamed Global Top 50 bank to its client base to help them keep up with regulations such as the Senior Managers and Certification Regime (SM&CR) and the Banking Executive Accountability Regime (BEAR).

It has been a big year for RegTech, with $6.5bn being invested in just the opening three quarters. With the year coming to an end, it begs the question of, what is next for the sector?

SM&CR has increased emphasis on personal accountability within firms and caused many senior managers to abandon ship for less risky roles, Ascent partner lead Maria Phillips told FinTech Global.

Ascent, the enterprise using tech to boost compliance, has just announced a $19.3m funding round led by Drive Capital, the venture capital firm that has previously invested in InsurTech company Root Insurance among other businesses.

Ascent, a compliance automation platform, has added three new UK regulators to its compliance management ecosystem.

Compliance automation platform Ascent has released its European Market Infrastructure Regulation (EMIR) service to its platform.

Compliance automation platform Ascent RegTech has launched seven new regulators into its platform.

Ascent RegTech, a compliance automation platform, has joined the Wells Fargo Startup Accelerator, alongside Motiv, a connected wearable device developer.