Eigen Technologies Listed in the RegTech100 2020
London, UK – Eigen Technologies, the global provider of natural language processing technology, has been named as one of the 100 most innovative technology providers in the RegTech space by independent research firm RegTech Analyst. Eigen was selected by an expert panel from a list of over 1,000 companies. The finalists were recognized for their innovative use of technology to solve a significant industry problem, or to generate cost savings or efficiency improvements across the compliance function.
Co-founder and CEO of Eigen Technologies Dr. Lewis Z. Liu said:
“I’m delighted that Eigen has been recognized as one of the 100 most innovative RegTech companies. This reflects the fact that our NLP technology is used on some of the most complex regulatory use cases in financial services, such as RWA optimization, LIBOR repapering, and compliance exercises such as Dodd-Frank, Basel III, and Solvency II. We now work with over a quarter of the world’s G-SIB institutions, many of whom use our technology for regulatory compliance. We see this area of our business as one that will continue to expand for many years as financial institutions and regulators look for ever more accurate, flexible, and cost-effective ways of meeting their obligations.”