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Ascent

Compliance, KYC & fraudUKUSEurope
Headquarters
Chicago, IL
Category
Compliance, KYC & fraud
Speciality
RegTech & reporting

About

Ascent, which operates as AscentAI (Ascent Technologies), is a regulatory technology company whose AI platform automates regulatory compliance for financial institutions. Launched in 2015, it describes its team as compliance experts, lawyers and technologists. Its Regulatory Lifecycle Management (RLM) Platform combines AscentHorizon, a global horizon-scanning product offering regulatory content and productivity tools, and AscentFocus, which automates change management by maintaining a register of a firm's obligations and identifying the impact of rule changes. The platform integrates with GRC platforms and customer-specific systems, and the company states coverage of 98 countries and 1,000 data sources. It serves banks, broker-dealers and investment firms, credit unions, mortgage lenders, money transmitters, electronic payments and fintech companies, as well as GRC technology providers and consulting firms.

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