Recognized for their innovative and intelligent software solutions for the financial services industry.
Red Oak Compliance, a leading provider of comprehensively intelligent compliance software solutions, has been named to the ESG FinTech 100 list. This annual list features 100 of the most innovative ESG companies providing solutions to the financial services industry. Companies are assessed on a set of criteria that includes:
- Industry significance of the problem being solved
- Growth in terms of capital raised, revenue, customer traction
- Innovation of ESG technology solutions offered
- Potential cost savings, efficiency improvement, impact on ESG imperatives, and/or revenue enhancements generated for clients
- How important is it for financial institutions to know about the company
Red Oak’s leadership believes that the company’s commitment to developing AI-powered technology solutions has given them an edge over their competitors. Stephen Pope, CEO and co-founder of Red Oak Compliance, stated, “Our software helps firms move through the compliance review process more quickly and with greater agility. Clients have reported that the technology has increased their efficiency and accuracy in reviews, helping to solve compliance team bandwidth issues and lack of transparency across their organizations, it supports firms as they seek to manage risks, become more sustainable, and keep up with the ever-increasing speed of business and regulations.”
Inclusion in the ESG FinTech 100 list highlights a company’s commitment to supporting performance improvement for its customers, minimizing non-financial risks, and maximizing opportunities for efficiency and growth. Red Oak achieves this by using its AI-powered technology that identifies errors before the submission process and by providing tools for parallel reviews, robust audit trail creation, and direct connections to regulators’ systems.
Red Oak continues to be recognized as an industry leader and a steadily growing software company by multiple publications and organizations, including the Financial Times, Inc.Magazine, RegTech100, and AI FinTech100.
