DUNDALK, IRELAND – 11-29-2018 (PRDistribution.com) — As the regulatory landscape continues to shift and grow in complexity, GECKO Governance are pleased to announce that it is expanding the capabilities of its blockchain integrated, compliance management software.
The software has been onward developed to manage key compliance areas such as CP86 Management, Risk Management, Cybersecurity, Outsourcing, and Data Protection requirements under GDPR. GECKO Governance are in the process of onboarding clients for these new service offerings.Financial Services is a heavily regulated industry requiring companies to draw on specialized compliance and regulatory expertise in addition to maintaining reliable processes and systems to manage compliance operations. The industry is facing growing complexity from an ever expanding set of laws, regulations, and industry specific codes with which they must comply. Non-compliance poses significant risks to a regulated entity – including fines, penalties and crucially, reputational damage. Shane Brett, CEO GECKO Governance said – ‘Our clients are facing a continuous and indeed rapid pace of regulatory change, and are acutely aware of the potential impact that non-compliance can have on their reputation and, ultimately, their business. With that in mind, we have expanded our software to cater for a multitude of compliance related areas. As our software can optionally be integrated with blockchain, proving compliance will be easier than ever before for our clients.’About GECKO Governance GECKO Governance developed the world’s first Blockchain solution for financial services regulatory compliance. Founded in 2014, the company has offices in Dundalk, Ireland, New York and Sydney, allowing it to provide oversight of all compliance tasks, as well as an independent audit trail for regulators in real time. Winner of the 2016 Seedcorn Competition, the company also placed 1st among the RegTech 100 in 2018. GECKO Governance is a Founding Member of the International RegTech Association (IRTA) For more information visit www.geckogovernance.com.
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