Waymark Tech is thrilled to have been highly commended in the renowned A-Team Innovation Awards 2021, in the category: Most Innovative Regulatory Compliance Monitoring / Management solution.
Mark Holmes, CEO of Waymark Tech, said, “The A-Team Innovation Awards run a thorough and competitive process, so receiving this commendation and being recognised by A-Team's judges is a great achievement by the Waymark team. This is not only testament to the benefits our service gives users, but also to the hard work of our team. We are continuing to innovate to ensure that keeping up-to-date with changing regulatory and compliance burdens is made simple, quick, and cost-effective.”
Waymark’s entry described a project delivered in partnership with Governor Software. The project delivered a streamlined solution for an international bank looking to overhaul regulatory governance, oversight, and change management across multiple units. Waymark’s technology is providing automated updates to regulatory requirements that are feeding into the organisation whenever changes occur.
A-Team Group launched their Innovation Awards to recognise outstanding performance by vendors of data and tech solutions for the financial services industry, their focus being on RegTech, Data Management and Trading Technology solutions. Waymark’s tools deliver cost and speed benefits to managing regulatory change and are helping with the digital transformation of compliance functions within financial institutions in several global markets. Using Waymark’s “Wayfinder” platform creates a simplified and efficient regulatory change process for compliance teams, and peace of mind for senior management.
About Waymark Tech
Waymark Tech is a UK-based RegTech firm that provides global regulatory insight and analytics to public and private sector organisations. Driven by a combination of innovative technology and human expertise, Waymark’s award-winning natural language processing capabilities are used by a range of institutions, including policymakers in UK Government, regulators and supervisors, professional service firms, and financial institutions. Read more about Waymark at www.waymark.tech
Governor Software supports senior risk and compliance executives at financial institutions to maintain governance and oversight through clear visualisation of their regulatory obligations and risk appetite. Founded in 2015 by CEO Richard Pike, the Governor Software team have first-hand experience of the production and oversight of governance information within financial institutions. They believe the opportunity for compliance and risk professionals to make these actions a more robust and effective process is significant. For more information visit: http://governorsoftware.com