RegTech100 honors La Meer Inc. and its innovative GRACE cloud platform for enabling financial firms manage their Client Management Regulatory obligations of Reg BI, MiFID II, CFRs, Compliance obligations as expected by FINRA, SEC, FCA as well as Data Privacy Regulations and Risk Management. Integrated by design, modular in approach, GRACE enable financial firms comprehensively address regulations and helps them empower and enable their staff and clients to work on web, tablet, and mobile from where ever they are. GRACE helps establish proper oversight across the organization and helps identify risks early and eliminate them without damage to the organization.
Silicon Valley CA, December 2, 2020 – La Meer Inc, a leading provider of Governance, Risk and Compliance GRACE suite of solutions for the financial services industry, today announced that it has been recognized as one of the world’s leading 100 RegTech companies by specialist research firm RegTech Analyst. https://fintech.global/regtech100/
Mariyan Dimitrov, Director of Research at FinTech Global says “The REGTECH100 is an annual list of 100 of the world’s most innovative RegTech companies selected by a panel of industry experts and analysts. These are the companies every financial institution needs to know about as they consider and develop their mission critical RegTech and digital transformation strategies.
The list has been updated for 2021 to recognise the next-generation of solution providers shaping the future of the compliance, risk management and cybersecurity industries. The list aims to help senior management and compliance professionals evaluate which solutions have market potential and are most likely to succeed and have a lasting impact on the industry.
A range of factors was considered by the Advisory Board and RegTech Analyst team to make the final selection including:
- Impact on 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;
- How important is it for a financial institutions to know about the company.”
La Meer Inc.’s CEO Laxmi Ramanath commented on the recognition:
“We are thrilled to have been chosen by RegTech100 and recognized for our expertise in solving compliance challenges for financial services firms. This recognition is a testament to La Meer’s ability to help firms efficiently, comprehensively and cost-effectively meet their client facing regulatory obligations – Regulation Best Interest (Reg BI) in the US, MiFID II in Europe, Client Focused Reforms in Canada , Compliance obligations including SM&CR in Alternate Investments, Wealth and Asset Management firms from SEC, FINRA, FCA and ESMA , manage IT, Vendor Risk and Data Privacy regulations GDPR, California Privacy Act, PIPEDA as well as automated AML / KYC monitoring through the integrated yet modular GRACE suite of solutions ”.
Mariyan Dimitrov, Director of Research at FinTech Global who supervised the award nomination process notes that, “The analysts and industry experts on the advisory board reviewed hundreds of nominations and La Meer Inc stood out for its innovative platform that empowers firms to help their client management, risk and compliance teams to offer seamless client service with comprehensive oversight, compliance, risk management and assurance for clients from wherever they are. Ready to go, easy to use functionality with workflows, calendars, alerts, powerful dashboards with low training La Meer’s GRACE platform helps firms implement their operational processes right away and scale as they go with reduced large upfront costs and immediate return on investment. The GRACE platform of solutions address the specific regulatory obligations in Banks, Broker-dealers, Wealth Advisory, Alternate Investments and Asset Management Firms.”
La Meer’s GRACE (Governance, Risk and Compliance for the Enterprise) suite of solutions offered in the GRACE Platform include:
- Integrated Client Life Cycle Management
- Integrated Governance, Risk and Compliance
- Compliance Management
- Automated Trade Monitoring
- Automated Anti-Money Laundering
- IT Risk and Data Privacy Management
- Vendor Risk Management
- SM&CR Management
- Operational Due Diligence
For a full list of the RegTech100, please visit www.RegTech100.com.
About La Meer Inc.
Established in 2010, Silicon Valley California based La Meer Inc. has been providing Governance, Risk and Compliance Management solutions that have been specifically built to address the regulatory obligations in banks, alternate investments, asset managers, wealth advisory and institutional investors. Our comprehensive enterprise solutions empowers the organization to establish and maintain culture of compliance and risk management and be operationally efficient to help your clients. For more information, visit www.lameerinc.com email sales@lameerinc.com or call (408) 740 7205
