Latest news with #TechRound
Business Insider
11-07-2025
- Business
- Business Insider
Strengthening UK Ties: ComplyControl Becomes Associate Member of UK Finance
ComplyControl, a provider of cutting-edge AI-driven solutions for banks and financial institutions, is excited to announce that it has officially become an Associate Member of UK Finance, the leading trade association for the UK financial services sector. ComplyControl made its entry into the UK market in 2024, with a clear mission of making regulatory compliance more accessible for all financial organizations through AI-driven solutions. In just a year, the company has achieved tremendous progress, having been named a finalist in the UK Startups 2025 ranking and recognized in both the AITech35 2025 and FinTech50 2025 lists by TechRound. Becoming part of UK Finance is yet another major milestone and a clear sign of the trust ComplyControl has built within the industry. UK Finance represents over 300 firms and represents the centre of the UK's financial services sector. The association's members work together to enhance trust and expertise across this landscape. Having now also become a part of this effort, ComplyControl aims to ensure that the UK remains a safe, innovative, and responsible global leader in finance. 'Achieving our membership in UK Finance marks an important step forward in our journey to reshape compliance,' — said Roman Eloshvili, Founder of ComplyControl. 'We look forward to collaborating with industry leaders and bringing our solutions to more financial market players across the UK. Together, we can help shape a safer financial ecosystem for tomorrow.' ComplyControl's team fully shares UK Finance's values of integrity, excellence, and leadership. The company is committed to driving innovation and setting new standards for the quality of services and best practices for the industry. Its vision is to reduce the barriers to effective compliance by leveraging AI and modern technologies, helping financial institutions of all sizes manage risks and stay ahead of ever-evolving regulatory demands. 'We're thrilled to be joining forces with UK Finance and its network, equipping financial firms in this region with the technologies and expertise they can use to better protect their customers and remain competitive in an increasingly complex landscape,' — added Mr. Eloshvili. "We are delighted to welcome ComplyControl to our Associate Membership at UK Finance. Our Associate Membership is open to organisations that support the financial services industry and enhance our work and benefit our members. We look forward to working collaboratively with their team through various events and thought leadership where they can share their expertise" Jason Cole, Director Associate Membership & Strategic Partnerships. ComplyControl is a UK-based provider of AI-driven services that improve risk management and ensure regulatory compliance for financial organizations of all sizes. The company specializes in AI-powered solutions that make compliance faster, smarter, and more cost-effective. From automated transaction screening against sanctions lists to real-time fraud detection and behavioural analysis, our tools help banks reduce manual workloads and stay resilient against financial crime.
Yahoo
07-05-2025
- Business
- Yahoo
ComplyControl Named One of the UK's Top 50 Fintech Startups by TechRound
LONDON, May 7, 2025 /PRNewswire/ -- ComplyControl , a fast-growing UK-based startup that uses AI solutions to transform compliance for banks and financial institutions, has been named one of the winners of the FinTech50 2025 list by TechRound – the UK's leading startup and tech publication. Founded in 2016, TechRound is one of the most respected and fastest-growing media platforms in the UK, widely read by investors, founders, and decision-makers in the tech space. Each year, its FinTech50 list picks out the most promising fintech startups that are changing the way the world thinks about finance. From payments and personal finance to blockchain and compliance, the ranking highlights companies bringing fresh ideas and meaningful innovation to the financial services sector. The winners are selected based on their impact, originality, and growth potential. ComplyControl was founded to tackle the high costs and inefficiencies associated with traditional compliance processes in modern-day realities. Through its AI-powered tools, the company helps financial institutions streamline much of the internal processes. Quickly screening bank transactions against global sanctions lists, detecting potential fraud and suspicious activity ahead of time, and more – all with greater accuracy and speed than manual checks or legacy systems. One of ComplyControl's standout features is its recently launched visual compliance rules editor. This tool allows compliance officers to build custom transaction monitoring rules without any need for in-depth coding knowledge, making the process faster and more accessible. The editor also includes a built-in AI assistant that helps analyse the effectiveness of the rules, ensuring that they remain relevant and up-to-date. "At ComplyControl, we are focused on building products that solve real pain points in the financial services industry," – said Roman Eloshvili, Founder of ComplyControl. "Our goal is to make compliance smarter and more accessible, so that companies can focus less on regulatory stress and more on growth. For small and mid-sized firms, in particular, it shouldn't be a roadblock to effective operations. Being recognised by TechRound like this is a strong validation of our mission and the hard work of our team. It signals the growing recognition of AI's importance in the future of financial compliance and the fintech ecosystem as a whole. As we continue to grow and expand our services, ComplyControl aims to become the go-to compliance partner for forward-thinking financial institutions."
