News

January 2, 2020

What if following the rules were easy—and cheap?

Crain’s Chicago Business | Ascent believes its AI-based software will help financial firms stay compliant.

November 26, 2019

Third annual RegTech100 announces the tech companies transforming compliance, risk management and cybersecurity

Menafn | This year’s process to identify the leading 100 RegTech companies was more competitive than ever. A panel of analysts and industry experts voted from a long list of over 1,000 companies produced by RegTech Analyst.

November 9, 2019

Wells Fargo and Dutch Financial Giant ING Lead Ascent’s $19.3 Million Round to Expand Company’s Compliance Solution

Crowdfund Insider | San Francisco-based Wells Fargo, the fourth-largest bank in the US by total assets, and Dutch banking giant ING led a $19.3 million round in Chicago-based Regtech firm Ascent

November 8, 2019

ING joins $19.3m funding round for regtech Ascent

Finextra | Dutch banking giant ING has joined a $19.3 million Series B funding round for American AI-based regtech Ascent.

November 5, 2019

Ascent Raises $19.3M to Help Finance Pros Navigate Regulations

BuiltIn Chicago | Ascent’s total funding is $26.7 million, according to Crunchbase, including a $6 million Series A raised in 2018.

September 16, 2019

e-Forex: RegTech in FX — Seizing the opportunity

Ascent CRO Jeff Heine discusses RegTech for the forex market in this Special Sibos 2019 FX Report Edition of e-Forex Magazine.

September 3, 2019

FinTechTalents: RegTech’s Moment has Arrived

Ascent is the groundbreaking platform that automatically delivers the obligations and rule changes that apply to each specific customer, backed by a powerful suite of obligations management capabilities.

August 28, 2019

Built In Chicago: Regulatory Reinvention — 12 RegTech Companies Helping the Fintech Sector Play by the Rules

The demand for regulatory technology in the fintech sector is so popular that regtech is projected to become a nearly $120 billion industry by 2020.

August 5, 2019

ITA: Finalists Revealed for Milestone 20th Annual ITA CityLIGHTS Awards

The Illinois Technology Association (ITA) announced the 50 landmark industry leaders being recognized as finalists at The 20th Annual CityLIGHTS Awards.

April 30, 2019

FinTech Global: Ascent Reveals New Regulators Pack to Support Compliance with More Bodies

Ascent’s new bundled solution, the Federal Regulators Pack, covers the compliance requirements from US-based, federally-regulated financial services firms.

April 30, 2019

FinTech Global: Ascent Reveals New Regulators Pack to Support Compliance with More Bodies

Ascent’s new bundled solution, the Federal Regulators Pack, covers the compliance requirements from US-based, federally-regulated financial services firms.

April 30, 2019

FinTech Switzerland: Meet the 8 Shortlisted Fintechs for the UK-Led Global Fintech Sandbox, GFIN

Ascent was selected as one out of eight providers for the GFIN Cross-Border Pilot, out of 44 applications.

April 29, 2019

Financial Conduct Authority: GFIN Cross-Border Testing Pilot – Next Steps

In the next phase of the GFIN cross-border pilot, Ascent will develop testing plans with the relevant regulators for their cross-border trial.

April 15, 2019

Finextra: Ascent RegTech names Arbela Takhsh COO

Ascent RegTech announced today the expansion of its executive team with the hiring of Arbela Takhsh as Chief Operating Officer.

March 8, 2019

Wells Fargo Startup Accelerator Adds Ascent RegTech to Portfolio

Wells Fargo announced that Ascent RegTech has joined the Wells Fargo Startup Accelerator, which is designed to help advance emerging technologies that could transform the financial services industry.

March 6, 2019

Fintech Global: Ascent Launches New Solution to Keep Teams Updated with Regulation Changes

Compliance automation platform Ascent has released a new change management solution which helps companies keep up-to-date with regulatory changes.

December 13, 2018

Business Insider: FCA taps regtech Ascent to simplify regulatory handbook

Ascent has formalized its collaboration with the UK’s Financial Conduct Authority (FCA) to componentize the regulator’s handbook.

November 20, 2018

The RegTech 100 for 2019 announces the pioneering companies transforming compliance, risk management and cybersecurity

The world’s most innovative technology solution providers that address the challenges of dealing with regulatory issues within financial services, were announced today by RegTech Analyst, a specialist research firm.

November 13, 2018

BMO and 1871 reveal the winners of the Second Annual Innovation Mentorship Program

Ascent RegTech wins first place in the BMO Harris / 1871 Innovation Program, securing a $25,000 cash prize and further collaboration opportunities with BMO Harris Bank.

July 24, 2018

Finextra: Ascent chosen for BMO Harris / 1871 Innovation Programme

Ascent RegTech, a leading regulatory technology (regtech) company, has been chosen as one of four startups to take part in the BMO Harris / 1871 Innovation Program.

July 16, 2018

Ascent Expands Executive Team with CRO and VP of Product

Ascent has announced the hiring of two new executives as the company continues to grow. Subha Sriram will serve as Vice President of Product, and Jeff Heine has joined as Chief Revenue Officer.

March 1, 2018

Built In Chicago: Ascent raises $6M Series A to grow team, enhance AI platform

Ascent, whose cloud-based platform helps companies in regulated industries stay on the right side of the law, announced on Thursday that it has raised a $6 million Series A round of funding.

February 23, 2018

Fintech Finance: ING & CBA use Ascent technology in successful MiFID II regtech pilot

ING and Commonwealth Bank of Australia (CBA) have successfully completed a pilot to simplify processing of information and implementation of regulation using the Markets in Financial Instruments Directive II (MiFID II) as a test case.

July 20, 2017

CMSWire: Is the IBM Watson Brand Unassailable?

“I do have questions about Watson’s efficacy,” Ascent CEO Brian Clark tells CMSwire, speaking to IBM’s lack of domain specificity.

July 17, 2017

Credit Union Times: Fintech, Cybersecurity Among Key Risks to Banks: OCC

Ascent CEO and co-founder, Brian Clark, defends the use of third-party technology in banking in response to the OCC’s Semi-Annual Risk Perspective.

July 14, 2017

ThinkAdvisor: Fintech, Cybersecurity Among Key Risks to Banks: OCC

Ascent CEO and co-founder, Brian Clark, defends the use of third-party technology in banking in response to the OCC’s Semi-Annual Risk Perspective.

July 11, 2017

Compliance Reporter: SEC turning to tech to boost exams

CEO Brian Clark explains how the SEC is turning to technology solutions to improve efficiency and how RegTech companies are following suit.

July 11, 2017

Built In Chicago: Ascent’s founder wants to help finance leaders sleep better at night

CEO Brian Clark explains how Ascent is helping finance leaders sleep better at night by keeping up with changing regulatory requirements.

February 28, 2017

Tastytrade: Bootstrapping in America

CEO Brian Clark is interviewed about launching Ascent Technologies to help companies build, manage, and automate their compliance programs.