MYCOMPLIANCEOFFICE ANNOUNCES RECORD GROWTH AND RECOGNITION IN 2021

KUALA LUMPUR, Dec 23 (Bernama) -- MyComplianceOffice (MCO) has announced a year of record growth in both revenue and new hires of more than 40 per cent, while continuing to achieve an exceptional customer retention rate.

MCO Chief Executive Officer Brian Fahey, in a statement, credits the ongoing growth to the organisation’s commitment to meeting customer needs with state-of-the-art technology.

“This year we’ve expanded our offerings to include solutions that help firms deal with emerging regulatory concerns including Crypto and Environmental, Social and Governance (ESG) compliance.

“We’re committed to ongoing investment and development in our product and providing best-in-class customer service across the globe.”

In 2021, MCO was recognised for its compliance management platform in multiple awards across North America, Europe and Asia, including Regulation Asia Awards for Excellence 2021 - Best Solution for Conduct Risk Management.

It also received RegTech Insight Awards USA 2021 - Best Vendor Solution for Managing Conduct Risk; Deloitte Technology Fast 50 Programme 2021; Technology Ireland Industry Awards 2021 - Outstanding Achievement in International Growth; and RegTech 100 2021 - Annual list of 100 of the world’s most innovative RegTech companies.

With more than 800,000 users across 550 financial services firms, MyComplianceOffice is employed in major banks and asset managers in 105 countries. Its largest client uses the platform to manage more than 100,000 employees.

MCO provides powerful compliance management software that companies around the world use to reduce the risk of misconduct. The MCO solution allows firms to address transactional and personal conflicts of interest in a single platform.

-- BERNAMA