Top 20 Compliance Technology Solution Companies - 2021

Be it regulatory, economic, or operational, the world of compliance is gearing up for a new wave of change. This propels compliance officers across the world to anticipate and overcome future challenges and stay on top of the emerging, latest compliance technology trends. By leveraging digital transformation initiatives in compliance management, business owners can keep pace and proactively navigate the ever-changing regulatory landscape.

Artificial intelligence (AI) and machine learning (ML) technologies are playing a significant role in optimizing compliance management. Chatbots enhance compliance managers’ productivity by providing real-time insights, generating reports, and automating a large array of other compliance-related activities.

Robotic process automation (RPA) is driving the efficiency of compliance practices by streamlining workflows and reducing manual effort. By leveraging RPA solutions, organizations can immensely benefit from the swift and error-free automation of various routine activities, including status updates, notifications, change tracking, and different asset compliance processes.

As such, the technological transitions in the arena open up a universe of new possibilities for compliance technology solution providers to develop and introduce innovative solutions. This implies that businesses looking for competent solutions have to choose from a plethora of options.

To make this task easier and assist leaders in identifying the right compliance technology solution providers, CIOReview presents to you, “20 Most Promising Compliance Technology Solution Providers - 2021.”

A distinguished panel comprising CEOs, CIOs, VCs, Analysts, and the CIOReview editorial board has selected the most promising compliance technology solution providers. In our selection process, we looked at the company’s offerings, core competency, news/ press releases, client testimonials, milestones, and other recognition.

TOP VENDORS

Top Compliance Technology Solution Companies

anecdotes

The platform informs the users about what they need to do and how the software can help them in attaining the certification they want

BrightInsight

As the leading global platform for biopharma and medtech regulated digital health solutions, BrightInsight accelerates time to market and takes the hard work out of building, scaling, and maintaining compliant digital health solutions that improve patient outcomes. The company’s compliant platform leverages innovative software and services to capture, transmit, and analyze data from CE-marked and FDA-regulated apps, algorithms, medical devices, combination products, companion diagnostics, and Software as a Medical Device (SaMD) to help its clients scale their regulated digital health products across regions. BrightInsight is built with a microservices-based architecture, enabling rapid iterations of functionalities while maintaining compliance to a continuously changing regulatory landscape

EqualWeb

EqualWeb is a software development firm specialising in accessibility and innovative web applications. With over two decades of experience working directly with blind and disabled people, we have earned the trust and support of a large number of global customers. EqualWeb's inspired and highly experienced team of IT, accessibility, designers, programmers, and marketing experts are dedicated to achieving a single goal: efficiently providing an accessible solution for your websites through an exceptionally simple and cost-effective procedure

FastBound

FastBound is a leading provider of attorney-backed ATF compliance FFL software including electronic A&D and electronic 4473, serving thousands of FFLs, including manufacturers, retailers, distributors, importers, and pawnbrokers, and helping them save time and money, and stay on top of ATF compliance. The company has processed more than a billion firearms for thousands of FFLs and pioneered the attorney-backed guaranteed legal defense related to the use of its software which is often imitated but never duplicated

Findings

Findings is driven by the mission and vision to create a world in which any company can take part in any supply chain without worrying about security or privacy regulation concerns

Force 5 - Gatekeeper

Founded in 2000, Force 5’s Gatekeeper was built together with one of the largest utilities in the country to meet the needs of power utilities. Gatekeeper was designed to provide automated audit-ready evidence, constant situational awareness, actionable point of enforcement, and persistent risk assessment. It boasts robust components designed specifically for the environmental rigors of the power utility industry. Gatekeeper is the only automated CIP escort-centric, self-service, physical access product built for compliance logging, validation, and policy enforcement. Strong internal controls also enforce corporate policies, including health screenings and attestations

Glass Compliance Inc.

Glass platform covers three core areas of code of ethics and code of conduct policy adherence – pre-clearance of employee trading activity, disclosures clearance, and attestations management. For pre-clearance of trading activity, Glass puts forth a 24/7 all-encompassing view of the employees’ trades across popular third-party brokerages. Glass can connect the advisory firms with over 2500 brokerages in just a few clicks, allowing them for instant set up and tracking of their employees’ trades. Glass has templates that can be easily configured for both pre-clearance and post-clearance of disclosure activities for outside business activities, political contributions, gifts and entertainment, and more. Similarly, the platform has built its own version of e-signing functionality to facilitate attestations management

MHA Consulting

MHA Consulting empowers enterprises with robust business continuity plans and ensures proactive crisis-management

Provana

Provana is a SaaS platform that gives leaders control over process-intensive operations in the accounts receivable management industry

Sphinx Strategies

Sphinx Strategies has architected AccrediGuard, a virtual compliance sentinel software that provides every stakeholder of its clients’ teams with access to crucial information for audit or accreditation verification. In this context, Simianu mentions that specialty pharmacies on a regular basis handle multiple documents, and unfortunately, a major portion of this task is conducted manually. That’s why, during an official audit visit, businesses become clueless about the location of the necessary files. This delays the entire accreditation process and often leads to severe financial loss