BusinessCloud can reveal its RegTech 50 innovation ranking for 2021. 

Readers of the online technology publication and an independent judging panel have together decided the 50 companies blazing a technology trail in regulation.

The RegTech 50 celebrates businesses of all sizes creating original tech for compliance, risk management, anti-money laundering and identity verification.

Apricity Compliance, a Darlington-based compliance software and support business, tops the ranking.

In second spot is Camden-headquartered TrackMyRisks, which supplies risk management and compliance automation for the mass market.

Hackney-based Nuggets, which creates login, payment and verification ID tech without sharing data, was third ahead of Recordsure (City of London) and Cognitiv+ (Islington).

CheckedSafe, based in Burnley, also features. The firm is an inexpensive SaaS platform for any kind of digital compliance.

It replaces cumbersome and archaic paper-based checklists with digital versions for smartphones; once data is collected, it can be reported on and measured to improve compliance.

The ranking in full:

RegTech 50 – UK’s most innovative compliance technology creators for 2021

BusinessCloud called on its readers to vote for companies from the 87-strong shortlist and saw around 600 votes pour in.   

A combination of these votes and choices from an independent judging panel determined the top 50. 

Our FinTech 50 and InsurTech 50 rankings were decided alongside the RegTech 50 and celebrate businesses creating tech for the finance and insurance industries respectively.

The judging panel for the rankings was comprised of:  

  • Victoria Roberts, director of Fintech Delivery Panel and Insurtech Board, Tech Nation
  • Gavin Brown, senior lecturer in financial technology, University of Liverpool
  • Dawn Dunn, cluster manager for FinTech/data, Dynamo
  • Julian Wells, director, Whitecap Consulting
  • Jonathan Symcox, editor, BusinessCloud