REG Technologies Company Research Report
Company Overview
Name
REG Technologies Ltd
Mission
Enabling regulated businesses to manage counterparty risks and relationships worldwide - making B2B trade faster, smarter, and safer.
Founded
2013
Key People
- Paul Tasker: Chief Executive Officer
- Chris Bourke: Chief Financial Officer
- Diogo Luís: Chief Technology Officer
- Victoria Slade: Head of Sales
- Nathan Banfield: Head of Customer Success
- Sandra Simões: Head of Product
- Zoë Parsons: Marketing Manager
Headquarters
34 Lime Street, Office 303, City of London, England, EC3M 7AT
Number of Employees
11-50
Revenue
No information is available.
What is the Company Known For
REG Technologies is known for its role as a pioneer in RegTech solutions, providing intelligent on-demand technology focused on controlling legal, regulatory, and commercial risks for regulated businesses.
Products
REG Network
- High Level Description: A governance, risk management, and compliance software designed to streamline and automate processes in regulated B2B trade.
- Key Features:
- 24/7 Monitoring and Alerts
- Secure Digital Document Exchange
- Integration of Data and Services
- Real-time regulatory oversight
REG Exchanges
- High Level Description: Document management software that ensures secure, efficient exchange of information.
- Key Features:
- Seamless integration with REG Network
- Facilitates collection and analysis of cross-supply chain information
- Automates compliance-related document exchanges
REG Verified
- High Level Description: Verification tool offering a trusted status check of businesses.
- Key Features:
- Assurance of authenticity
- Improved search efficiency
- Supports faster onboarding processes
Recent Developments
New Products Launched
- REG Exchanges: Launched to revolutionize information sharing in the regulatory technology space.
New Features Added
- Regular updates to the REG Network to enhance due diligence and compliance processes.
Partnerships
- Strong engagements with Managing General Agents’ Association (MGAA) to drive change in the MGA space and the broader insurance industry.
Certifications
- Achieved ISO 27001 certification, enhancing data security credentials.
Recent Insights
- Market Challenges: Faced with the increasingly complex regulatory demands, REG focuses on delivering solutions that enhance operational efficiencies and manage compliance burdens efficiently.
- RegTech Adoption: Active efforts to encourage insurance companies to integrate RegTech for faster, smarter business processes, with a significant focus on managing counterparty risks.
- Innovation Focus: Continued emphasis on AI and machine learning capabilities to enhance the KYC and KYB procedures within financial services.
> REG Technologies has made significant strides in positioning itself as a trusted partner for insurance and financial service firms, through its continuous innovation and strategic partnerships across regulated industries.
