It’s safe to say that RegTech has grown up in the last 12 months.
Mature RegTech vendors have cemented their position with market share & technology to navigate the complexities of risk and ever-tightening global regulations.
According to the FinTech Times, global RegTech investment grew almost five-fold between 2014 and 2018. An increase of 48.5% CAGR, in terms of capital invested, has seen funding grow from $923.4m in 2014 to $4,484.5m in 2018. Funding doubled between 2014 and 2017, before jumping to just under $4.5bn in 2018.
With this in mind, there is an abundance of new RegTech entrants looking to win over compliance teams with cutting edge work flow automation, artificial intelligence, algorithms and cloud based platforms.
Often driven by technology, founders and management teams can sometimes get caught up in the mechanics of product and may misjudge the time it takes to build market presence and capitalise on opportunity. Gungho partners with RegTech companies to help them avoid this common misjudgment.
By partnering with Gungho, companies can industrialise their go to market strategy, create campaigns to build brand presence and shorten the gap to acquire new revenues. Gungho are widely considered the partner of choice for RegTech companies looking to quickly scale their market share. Since 2007, Gungho’s team of cold calling experts have demonstrated repeated success to create scale-able sales strategies and acquire new revenues.
Some current & past customers include;
Arachnys | eSpear | Exiger | SWIFT | World Check | Accellus | Thomson Reuters | Accuity | Hiperos | Aravo | Alacra | Nasdaq | Dow Jones Risk & Compliance | Regulatory Data Corporation | FinScan | Verafin | EthiXbase | SAI Global | Truth Technologies | Kroll | Coupa
Gungho owns an impressive data set of 110,000+ global governance, FinCrime, risk & compliance professionals. Efficiencies in time to market are gained in leveraging this data and sizeable pipeline rapidly established. In addition, the Gungho team are ACAMS accredited and familiar with calls into the Compliance, FinCrime & Risk function. Tom White, MD explains “we confidently converse with AML & Compliance senior decision makers. Gungho callers have a good grounding in areas such as the Wolfsberg AML principles, the FATF recommendations, FCPA, 4th EU AML, GDPR, Sapin II and everything in between”.
RegTech see massive advantages by partnering with Gungho – 65% of Gungho appointments turn into opportunity – making skyrocket plans a reality!