compliance space - FinTecBuzz

Ncontracts acquires Venminder via Hg buyout

September 4, 20246 min

Ncontracts, a leading provider of integrated compliance, risk, and vendor management solutions to the financial services industry, announced that it has acquired Venminder, a unified platform for managing third-party risk. Simultaneously with this transaction, Hg has bought out prior Ncontracts shareholder Gryphon Investors (“Gryphon”), as well as prior Venminder shareholders. Hg is a leading investor in software and services businesses and is backing Founder and CEO, Michael Berman, to lead the combined business, which promises...

by PRNewswire

Compliance & Scoring

Lucinity won the Chartis Research Award for Workflow Automation

March 21, 20244 min

Lucinity has won the Chartis Research Award for Workflow Automation, recognizing Lucinity’s ability to eliminate inefficiencies in compliance processes through AI and automation. Lucinity has also been recognized as one of the top 50 Financial Crime and Compliance companies (FCC50) for 2024 by Chartis Research. Around 300 vendors were evaluated in this research. The FCC50 ranking by Chartis Research spotlights vendors leading the FinCrime and compliance space, a market likely to be worth over $26 billion by the end of 2025....