For the second year in a row, Red Oak has been named to the RegTech100, a group of innovative companies supporting financial firms as they manage ongoing compliance and regulatory pressures.
Red Oak was recognized based on the strength of its flagship SaaS offering, which clients use to build centralized compliance systems, right-size their compliance review processes and balance risk management with efficiency and speed to market.
In addition, Red Oak’s launch of Smart Review improved clients’ capabilities to manage their review processes by creating a single source of truth for disclosure management and by incorporating machine intelligence into the review process.
We’re honored to be included in this list, which comprises some of the best and brightest companies out there. According to RegTech Analyst director of research Mariyan Dimitrov, “Banks and other financial institutions need to be aware of the latest RegTech innovation in the market in order to avoid new compliance risks and stay competitive despite new regulations around customer onboarding and remote communication post Covid-19. The RegTech100 list helps senior management filter through all the vendors in the market by highlighting the leading companies in sectors such as identity verification, risk management, communications monitoring, information security, and reporting.”
We’re very pleased that we’re contributing to these efforts that make financial services safer and more secure for clients, as well as empowering firms to process faster approvals, improve their efficiency and ensure 100% books and records compliance.
For more information about the recognition, visit the RegTech100 site. You can also download a case study about a Red Oak client partnership and how we’re supporting our business partners’ efforts to build centralized, flexible compliance solutions that work.
About Red Oak Compliance Solutions
Red Oak Compliance Solutions is the global advertising review software of choice in the financial services industry, serving clients with more than $19 trillion in assets under management. Red Oak’s advertising compliance review software offers quick implementation timelines, as well as agile technology that responds to client needs and is 100% Books and Records compliant. Our clients report 35% faster approvals and 70% fewer touches, with many experiencing even better results. Are you ready to minimize risk, reduce costs, and improve efficiency? Contact the Red Oak team to learn how.