Pole Star has been shortlisted in the Best RegTech Firm category for Regulatory Compliance after impressing industry judges; a fitting nomination due to our ever-improving and up-to-date solutions for the increasingly complex regulatory landscape.
The category was open to firms in the financial services industry that provide effective solutions for regulatory compliance, with attributes of efficiency, effectiveness, and high quality recruitment that meet regulatory expectations, reasonable costs, and good industry reputation.
As a multi-award winning technology company that provides maritime-centric SaaS solutions to the financial markets sector, we believe that Pole Star embodies all these qualities.
Since developing the first real-time tracking solution in the maritime industry in 1998, Pole Star has continued to be driven by innovation, leading to the development of our RegTech solution, PurpleTRAC.
Now, with the rise in concern over financial crime, PurpleTRAC has become uniquely positioned to monitor much of the 90% of world trade that travels by ship. And, alongside our partnership with Dow Jones Risk & Compliance in 2019, we have collaborated our PurpleTRAC technology with their ExImCheck, providing an even more complete view of regulatory risks faced by organisations.
The PurpleTRAC x ExImCheck solution effectively simplifies risk management to set a new standard in guarding against financial crime in maritime trade, including anti-money laundering, anti-bribery, corruption, sanctions and trade compliance.
“Our nomination as a finalist in the Best RegTech Firm category for regulatory compliance in this year’s Compliance Register Platinum Awards is a testament to the success of our PurpleTRAC solution and the team behind it. This year has seen huge development and growth within Pole Star’s Financial Markets & Compliance sector, with a strong emphasis placed on collaborative partnerships with global banks, financial institutions, other industry experts, and members of the supply chain. PurpleTRAC was designed with and for companies with regulatory exposure in maritime trade and shipping, so we are thrilled to have received recognition for our combined efforts in enabling more secure and compliant trade.” - Simon Ring, Global Head Financial Markets Compliance, Pole Star.
The Compliance Register Platinum Awards will take place on Thursday 28 November at The Park Plaza Riverbank. For more information regarding tickets and about the awards visit https://compliancer.com/platinum-awards/