Provider of anti-money laundering compliance solutions selected from among 1,400 nominees as a company that every compliance and risk leader in financial services must know in 2024
TORONTO — Minerva, a leader in Anti-Money Laundering (AML) compliance technology, today announced it has been named to the RegTech100 2024 list of solution providers that are shaping the future of compliance, risk management, information security, and financial crime prevention. The list showcases the most innovative and disruptive businesses in the regulatory technology industry helping financial institutions manage the fast-paced changes brought on by ongoing regulatory updates and technological advances.
“The Minerva AML platform is the first in the industry to rapidly provide access to context-rich customer profiles and data for risk assessment – accurately and at scale. This recognition reinforces the competitive advantage we have over other solutions in the market,” said Jennifer Arnold, co-founder and CEO of Minerva. “Using sophisticated AI models, Minerva can quickly interpret data from myriad data sources – structured, unstructured, open source, and proprietary – and provide predictive risk analysis in real-time.”
“This year’s RegTech100 list highlights the leading companies in areas such as information security, compliance, risk management and fraud prevention working on the forefront of innovation and new AI implementations who have demonstrated a strong track record delivering regulatory and operational improvements in financial services,” said Mariyan Dimitrov, director of research and product development at FinTech Global.
A wide range of factors were considered and evaluated by the panel of analysts and industry experts on the RegTech100 advisory board and FinTech Global team that selected this year’s top companies. This includes industry significance of the problem being solved; growth in the context of capital raised, revenue, and customer traction; innovation of the technology solution offered; and potential cost savings, efficiency improvement, impact on the value chain and/or revenue enhancements generated for clients. The list highlights the technological solutions every compliance, risk, and innovation leader in financial services must know in 2024. A full list of the RegTech100 is available at regtech100.com.
Minerva is a RegTech leader founded by Anti-Money Laundering (AML) industry experts to transform AML compliance. The company’s proactive AML platform uses sophisticated deep learning models and neural networks to analyze billions of data points in 147 languages to help compliance teams get ahead of financial crime. With its ability to instantly understand context, sentiment, and risk across structured, unstructured, open source, and proprietary data, the Minerva platform creates context rich customer profiles and predictive risk analysis, in real time. Minerva is trusted by leading financial institutions that require faster, more accurate risk assessment results. For more information, visit gominerva.com.
Boulevard Public Relations (for Minerva)
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