Chartis Recognizes norbloc as “One to Watch” for Financial Crime
We are proudย to announce thatย Chartis Research, the leading provider of research and analysis on the global market for risk technology, has recognizedย norblocย as the Category Winner for Innovation: Data Flow Management and One to Watch in the Financial Crime and Compliance50 (FCC50) 2024 Ranking.
The FCC50 ranking and report from Chartis Research marks the first of its kind, in which Chartis has conducted a detailed analysis considering the solutions, technological advances and strategic direction of the market leaders driving transformation within theย FinCrimeย sector – a market likely to be worth more than $26 billion by the end of next year.
As highlighted within the Report, the cost of financial crime to the global economy is about $1.4 trillion a year with immense immeasurable impact on individuals, entities and countries as well. Fortunately, financial entities have now grasped the importance of adopting technology to effectively protect themselves and their clients while efficiently complying with regulatory requirements.
norbloc’s suite of solutions leverage innovative technologies that are redefining client due diligence for financial entities globally. Norbloc’s technology is effectively resolving common compliance challenges, such as poor data quality, siloed data and fragmented internal processes, transforming the burden of compliance into a competitive advantage.
Download the complete Chartis FCC50 Report
