EURONOVATE GROUP the corporate parent of Euronovate, included in RegTech100 for 2021
- The list includes the 100 “companies every financial institution needs to know about as they consider and develop their mission-critical RegTech and digital transformation strategies”
December 2nd 2020 Maroggia (Switzerland). EURONOVATE GROUP, the business conglomerate to which Euronovate, is one of the European leaders in digital transformation, digital transaction management and digital identification, made a public statement today announcing they have been included in the RegTech100 List 2021, a list with the 100 most innovative RegTech companies worldwide, meaning the companies “every financial institution needs to know about as they consider and develop their mission-critical RegTech and digital transformation strategies”. EURONOVATE GROUP has been included in this exclusive list of IT corporations for providing technical solutions focused on the challenges faced by financial institutions in front of international regulations.
One of the most important features of this recognition is that the criteria are evaluated by the Advisory Council and the RegTech Analyst. Therefore, there is no chance of sponsoring the presence in the distinguished list. To become a recognized company, challengers must accomplish the following criteria: industry significance of the problem being solved; Growth, in terms of capital raised, revenue, customer traction; Innovation of technology solution offered; Potential cost savings, efficiency improvement, impact on the value chain and/or revenue enhancements generated for clients; etc.
RegTech Analyst director of research Mariyan Dimitrov said, “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.”
EURONOVATE GROUP has been included for having exceeded these criteria. With its wide portfolio of digital solutions from its different affiliated companies: Euronovate, tapID, Víntegris, and eSignworld, whose patented technology allows companies to use legally binding digital signatures; Issue and manage qualified digital identities, have complete and robust authentication, all to comply with the different regulations that affect the financial sector such as eIDAS Regulation, AML5, Bafin, Sepblac, among others.
From EURONOVATE GROUP state they “are thankful for the inclusion in such a distinguished report and consider it as a stimulus to continue focusing on helping all their customers in the industry to continue helping them progress in their digital agenda”.
A full list of the RegTech100 can be found at www.RegTech100.com. More detailed information about the companies is available to download for free on the website.
Euronovate has the main headquarters located in Maroggia in Switzerland, and the second affiliate in Bucharest in Romania. Leader in the execution of Digital Transformation Management solutions countersigned by an end-to-end approach. Provider of hardware, software, services and consulting to support step-by-step companies in their transition process, and to enable them in delivering better products, services to own final customers in digital spaces. For Euronovate, Digital Transformation process means dealing with: Digital Identity process and management, workflow management, digital hub, document composition, digital multichannel delivery, digital signature software and tablets, digital archiving, interactive and digital marketing. All these elements, if combined strategically and digitally, are able to bring companies an added value both for adopting cutting-edge technology and for improving business development.