CHICAGO, Nov. 29, 2018 /PRNewswire/ -- LogicGate, a leading cloud-based software solution that helps organizations automate their Governance, Risk, and Compliance (GRC) programs, has been named to the 2019 Global RegTech 100 List.
The annual list recognizes those pioneering companies that are bringing the most innovative solutions to RegTech (regulation technology) worldwide, as judged by a panel of analysts and industry experts. This is the second year in a row LogicGate has been named to the list.
When most companies handle their mission-critical risk and compliance activities through email and spreadsheets, LogicGate helps to centralize and streamline GRC processes—all without requiring coding know-how. Further, the flexible workflow model has proven effective because no two businesses face the same risks or compliance challenges. The agile, highly configurable platform can easily be deployed to solve the most critical GRC issues, such as Enterprise Risk Management, Policy Management, and Regulatory Compliance.
For the 2019 list, LogicGate was selected from among 824 RegTech organizations around the world. This number nearly doubles last year's longlist of 416 eligible companies, reflecting the profound expansion of the RegTech space in a very short amount of time. Over $4 billion has been invested in RegTech companies since the beginning of 2016.
"We are proud to be selected again for the Global RegTech 100," said LogicGate CEO Matt Kunkel. "Obviously it's been quite a year for the RegTech space in general, with events such as GDPR and several big-name data breaches making headlines worldwide. Companies are becoming more and more aware of the massive amounts of regulations and risks they face in the world today, and we feel like we're well positioned to help them manage the overwhelming complexities."
A full list of the RegTech 100 can be found at http://www.regtech100.com/.
Headquartered in Chicago, LogicGate allows organizations to automate and centralize their governance, risk and compliance programs through its cloud-based platform. As an agile and highly configurable solution, LogicGate empowers organizations to transform mission-critical risk and compliance activities without the support of consultants or corporate IT. For more information, visit logicgate.com.