Zeidler Group recognised as a RegTech100 company
8th December 2021
Zeidler Group, the technology-driven law firm is proud to announce its recognition as a RegTech100 company. The recognition follows the firm’s recent shortlist as a European Specialist Law firm of the year and recognition as an AIFintech100 which underlines the firm’s continued growth and success in 2021.
Now in its fifth edition, the RegTech100 list recognises the world’s most innovative technology solution providers that offer products and services in the areas of compliance, risk management, information security and financial crime. A panel of analysts and industry experts voted from a longlist of nearly 1,200 companies produced by RegTech Analyst, a specialist research firm.
RegTech Analyst director of research Mariyan Dimitrov said, “Banks and other financial institutions are investing heavily into AI capabilities to automate highly manual regulatory tasks, support digital onboarding processes and monitor for fraudulent activity.”
Zeidler Group launched its digital platform in 2016 and leverages cutting edge technology to create automated and streamlined workflows through its unique combination of legal and compliance oversight and digital innovation. Modules include fund registration, ongoing fund governance, knowledge hub, EMT / EPT, factsheets, counterparty due diligence and K(I)ID generators.
The law firm has expanded its use of digital innovation in 2021, incorporating AI to further accelerate its client onboarding and workflows. As part of Zeidler Group’s collaboration with the University of Swansea’s Legal Innovation Lab, AI, in the form of Natural Language Processing (NLP), is used to detect the context of legal documents and automatically map its structure to better automate legal workflows.
Additionally, Zeidler Group’s team of software engineers are working with NLP to further enhance its Counterparty Due Diligence (CDD) module. The NLP module can detect if a counterparty has already responded to a question, even if it is phrased differently, and map the appropriate response.
Reacting to the recognition, Prashant Patil, Head of Software Engineering at Zeidler Group said: “Our RegTech100 recognition is a testament to our talented team of software engineers who are passionate about driving continuous digital innovation and improvement in our platform, such as streamlined processes and implementing AI-driven workflows to ensure client satisfaction and product excellence.”
Kunal Grover, Head of Business Development at Zeidler Group added:
“We are in a unique position with the RegTech industry. As a law firm at our core, Zeidler Group provides bespoke, and research-driven legal expertise and combining it with streamlined processes to ensure the most efficient outcomes for our clients. Our software engineers, work alongside our lawyers and operations teams to provide digitally innovative solutions to asset managers of all sizes and our recognition underpins the value we added as a true one-stop-shop that generates efficiencies across the compliance and legal functions.”
Arne Zeidler, CEO and Founder at Zeidler Group concluded: “As we continue to evolve, client satisfaction and delivery remains the cornerstone of our company values. Our incorporation of NLP in our proprietary digital platform was a result of the tremendous hard work of our software engineers and operations team. We are delighted to be recognised as a RegTech100 company and we remain committed to being at the forefront of digital innovation.”
A full list of the RegTech100 for 2022 and detailed information about each company is available to download for free at www.RegTech100.com.
About Zeidler Group
Zeidler Group is a technology-driven law firm revolutionising legal and compliance services for the asset management industry. Providing innovative digital solutions to solve complex legal and compliance challenges and bespoke research-based high-quality legal advice, Zeidler Group builds collaborative, strategic, and meaningful partnerships. Zeidler Group’s range of asset management clients includes some of the largest and most respected names in the industry, as well as boutique operators. The law firm services more than 200 clients with aggregate assets under management above USD 1 trillion.
For more information, visit: zeidler.group.
About RegTech Analyst
The RegTech Analyst platform offers business intelligence on the RegTech, risk management tech and cybersecurity sectors. RegTech Analyst is the pre-eminent provider of data, research and analysis on the global RegTech market. We cover every trend, every investment and profile every company that provides a technology solution for compliance, risk management or cybersecurity. We deliver essential intelligence for mission-critical business decisions.
For more information, please visit: www.RegTechAnalyst.com
