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 Compliance Technology Solution Companies

  • 1

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

  • 2

    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

  • 3

    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

  • 4

    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

  • 5

    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

  • 6

    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

  • 7

    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

  • 8

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

  • 9

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

  • 10

    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

  • 11

    HighCastle Cybersecurity

    HighCastle Cybersecurity

    HighCastle Cybersecurity provides a complete risk management solution via the delivery of enterprise class, bleeding edge cyber security technology to clients of any size in any industry

  • 12

    Hyperproof

    Hyperproof

    Hyperproof interacts with dozens of cloud storage, project management, communications, cloud infrastructure, DevOps, security, and business applications, allowing compliance work to be effortlessly integrated into an organization's existing business processes and workflow

  • 13

    LogicManager

    LogicManager

    LogicManager provides enterprises with focused and enhanced risk management procedures through the use of sophisticated risk management software and complete solutions. LogicManager is the industry-leading provider of enterprise risk management solutions and the inventor of the RIMS Risk Maturity Model

  • 14

    MediSpend

    MediSpend

    MediSpend, a worldwide technology firm specialising in best-in-class life sciences solutions, serves as the compliance system of record for some of the world's largest pharmaceutical, medical device, dental, and developing biotechnology companies. The MediSpend Worldwide Compliance Suite, developed by their unique team, is the industry's first global SaaS solution dedicated to managing the end-to-end process of HCP engagement through transparency reporting, including software that allows external grant proposals

  • 15

    MEGA International

    MEGA International

    MEGA assists organizations and governments in addressing business-related difficulties such as corporate governance and strategy execution, ensuring that their people and resources are always aligned with their company strategies and objectives. Additionally, they assist CIOs in addressing IT-related difficulties by enabling them to optimise IT assets efficiently through successful IT strategy delivery. CIOs can successfully conduct digital transformation programmes when armed with our expert counsel

  • 16

    Oracle

    Oracle

    Oracle is a cloud technology company that delivers computing infrastructure and software to businesses worldwide in order to help them innovate, unleash efficiencies, and improve their effectiveness. Additionally, the Company developed the world's first – and only – autonomous database to assist in the organization and security of their clients' data

  • 17

    Protiviti

    Protiviti

    Protiviti assists businesses in assessing their present ESG operations and defining a future state, as well as conducting materiality analyses to uncover significant ESG subjects. Protiviti is a global management consulting firm that specialises in providing deep experience, objective analysis, a customised strategy, and unmatched teamwork. It enables organizations to confidently address risks and opportunities in technology, finance, transformation, business processes, risk management, compliance, transactions, and internal audit

  • 18

    RiskWatch

    RiskWatch

    RiskWatch International has been conducting assessments for two decades and thinks that businesses cannot effectively manage security and compliance risk if they cannot quantify it. They want to be, and to be, a corporation that improves the world by increasing its security. They are dedicated to offering superior customer service and software products and services that are simple to use, economical, and provide outstanding value to their clients

  • 19

    SmartCompliance

    SmartCompliance

    For brokers, insurance advisors, and risk managers, SmartCompliance is a certificate of insurance tracking and compliance management software. Their simple-to-use certificate tracking software assists insurance professionals in streamlining their COI procedures by automating the tracking and collection of certificates, avoiding human data entry, and assuring compliance

  • 20

    Sword GRC

    Sword GRC

    Sword GRC offers an award-winning Governance, Risk, and Compliance platform comprised of best-of-breed solutions that serve the needs of all business market sectors. Sword GRC unifies a range of complimentary GRC technologies offered as a cloud solution or as a stand-alone on-premises installation. With a strong emphasis on accelerating time to value and leveraging cutting-edge technology, Sword GRC offers a diverse variety of solutions that enable better business decisions by providing a single view of risk and enabling enterprise-wide risk-based compliance. Risk, Audit, Compliance, Policy Management, and Incident Management are all covered by the Sword GRC solution suite