Top 20 Compliance Technology Solution Companies - 2019

Strict compliance measures and regulations are one of the main factors that ensure a company to function within the rules and offer the best quality solutions and services to its clients. With the regulatory environment changing at a rapid pace, organizations find it hard to keep up with the latest developments. While regulations continue to evolve, it becomes a challenge for the organizations to keep themselves up-to-date with the compliance requirements. Today’s compliance technology solution and service providers are utilizing a combination of digital technology and leading-edge advancements to deliver the best possible solution and service and aid organizations in identifying and tackling their legal and compliance-related issues to promote an efficient business process.

Enterprises are strongly in support of technology-led compliance strategies as a part of cost reduction and budget cuts. Today’s compliance technology solution and service providers are utilizing technological solutions like AI and blockchain to manage third-party risks, promote policy management, monitor compliance data and manage supply chains. They are bringing together the best of business and compliance interests to assist organizations in their operations and related compliance functions.

CIOReview has compiled a list of the most promising compliance technology solution and service providers 2019 to guide enterprises associated with the various industrial sectors in leveraging the power of technology to tackle the latest bottlenecks in compliance and regulations while assisting organizations in their business growth.

In this edition, we are glad to feature companies like ETHIX360, MCO, Edulink, TRESTLE Compliance, and ReadiNow that are offering the best-in-class solutions and services for improving the compliance challenges that organizations face with greater results.

We present to you CIOReview’s, “Most Promising Compliance Technology Solution Providers - 2019.”

TOP VENDORS

Top Compliance Technology Solution Companies

17a-4 LLC

17a-4 specializes in compliance software and services with a sharp focus on building integrated systems to meet the regulatory and eDiscovery requirements of financial and healthcare institutions and to state and local governments. The company assists these organizations in ensuring an information infrastructure that adheres to SEC and other financial and privacy regulations and to eDiscovery industry ‘best practices.. 17a-4 bridges compliance, legal and IT teams with its comprehensive compliance solutions and services, guiding them to adopt best practices in the way they archive regulated content and help create effective retention, review, supervision and disposition policies

Cognigo

Cognigo was founded in 2016 by an experienced team of machine learning experts with cyber security and enterprise data security veterans. Their mission is to ensure that critical data assets, which are now more important than ever before, will not fall into the wrong hands. Cognigo helps to achieve data security and compliance in days, through Cognitive Computing. Cognigo's DataSense is a single point of control to manage and secure critical data assets and PIIs. DataSense is able to understand and classify data, enforce compliance and security policies, and to orchestrate other data security platforms

Congruity 360

Congruity360 is a single-source data governance provider that has designed a comprehensive data management solution suite to help companies manage their siloed data to comply with data protection laws, reduce data storage footprint and liability, and enable cloud migration strategies at the enterprise level. By leveraging GPU-enabled technology, Congruity360’s Classify360 data governance & classification solution provides enterprises near-real-time data analytics. Unlike other tools available in the market, the tools developed by Congruity360 can to rapidly scan the biggest repositories at both the metadata and content layers. As one of the most promising compliance technology solution providers, Congruity360’s services cater to the markets in the US, UK, and China

EduLink

Edulink specializes in web-based software solutions for school districts, intermediate units, charter schools and CTCs. The company’s solutions include teacher evaluation software aligned specifically with Pennsylvania’s Act 82 (PA-ETEP); compliance software that tracks clearances, state mandates, Act 48 hours, Act 44 safety and security items (COMPLY); and an online registration software (MyRegistrar) that assists educational entities with scheduling courses

ETHIX360

ETHIX360, a next-gen Compliance-as-a-service solution provider, has developed enterprise-class risk management solution-CaseTrac that helps enterprises to collect, manage, and resolve incidents related to employee code of conduct. CaseTrac’s unique risk management solution enables departments entrusted with risk management responsibilities to automate and enforce their unique policies and procedures for managing any incidents from workplace harassment to bullying. From web reporting to a call center with whistleblower hotline to email, texting, and IVR, CaseTrac supports all the comprehensive intake methods for reporting concerns. Companies can select the best method that is easy to access and culturally natural for making decisions

GreenSoft Technology Inc

Headquartered in Pasadena, California, GreenSoft Technology is a one-stop total solution provider. GreenSoft Technology is a provider of environmental compliance Data Services and Software for EU REACH, EU RoHS, Conflict Minerals, CA Prop 65, and other global product regulations. GreenSoft's Data Services focus on reducing costs and providing high-quality, accurate data. For over 15 years they have been helping manufacturers around the globe to manage their compliance data for chemical regulations and directives. GreenSoft's mission is to streamline the environmental compliance management processes of the Green Supply Chain by providing the best Green data services and Green product management software for the global electronics industry

Gryphon Networks

Gryphon Networks offers telephony and analytical platform that automatically captures, controls and visualizes sales and marketing activity collected from any application or device to enhance management effectiveness, optimize outreach and lessen risk. With its two-pronged approach, the company solves the challenge of limited company oversight as well as visibility into sales and marketing activities conducted via any application, by any rep, at any location because the platform syncs with any device used to communicate

MCO

A company that delivers a fully integrated conduct risk compliance platform that's significantly lower costs and risks. Understanding that transparency is one of the most important tools to manage conflicts of interests, the MCO platform provides a unified approach to conduct risk. MCO's solution that identifies compliance risk from three areas of activities are termed as Know Your Employees (KYE), Know your Transactions (KYT) and Know your Third Party(KYTP)

ReadiNow

ReadiNow brings about a change in the compliance framework from transforming it from a rigid set-up to becoming more agile. This agile component allows clients to make the desired changes in their framework, according to the policies, regulations, and current market scenario. ReadiNow’s digital transformation platform helps bring about agility in aspects such as project management, IT, customer relations, and processes, while staying compliant to all the norms within the organization. The intelligent engines within the platform, such as the analytics, workflow, integration, and data modelling engines helps clients to build out solutions, tailor-made to their requirements and use that solution to formulate order or risk solutions and plug them into their compliance framework, which can be regularly updated without the need for a complete revamping

RegEd

RegEd, with more than 20 years’ experience solving enterprise compliance challenges for industry firms, adopts a consultative approach to help organizations strengthen their compliance programs and avoid non-compliance consequences. Founded by regulators, the company provides solutions that propel operational efficiency, enabling firms to cost-effectively comply across core compliance functions. RegEd’s comprehensive suite of compliance management and credentialing solutions and unified enterprise platform enable firms to implement multiple RegEd solutions with common user interface and a single view of compliance. In this manner, RegEd’s clients are able to reduce the total cost of ownership, streamline vendor relationship management and gain economy of scale