Alyne is tremendously honoured to be chosen by a panel of industry experts and analysts as amongst the world’s top 100 most innovative organisations in a study conducted by FinTech Global of over 1,000 companies. The list recognises the most innovative providers of digital solutions that help financial institutions strengthen their information security and cyber defences.
FinTech Global director Richard Sachar said, "Established financial institutions need to be aware of the latest security technology in the market to protect their organisations from data leaks and cyber attacks. The CyberTech100 list helps senior management filter through all the vendors in the market by highlighting the leading companies in sectors such as Threat Management, Data Governance, Cloud Security, Employee Risk and Fraud Prevention.”
According to a report by Refinitiv, 72% of organisations have been victims of financial crime over the past 12 months. In fact, the cost of a financial crime has been increasingly damaging over the years. In another study conducted by Gov.uk, finance and insurance firms increased their spending on cybersecurity by 23% YoY in 2019. To address the unprecedented growth in fraudulent activities, the Global CyberTech100 list was curated to identify marketing leading solutions to complement their financial crime fighting strategies. The solution providers making the final list were recognised for their innovative use of technology to solve a significant industry problem, or to generate cost savings or efficiency improvements across the security value chain.
To be selected for the Global CyberTech100 list, a range of factors was considered by the Advisory Board and RegTech Analyst team including:
- Industry significance of the problem being solved;
- Growth, in terms of capital raised, revenue, customer traction;
- Innovation of technology solution offered;
- Potential cost savings, efficiency improvement, impact on the value chain and/or revenue enhancements generated for clients; and
- How important is it for a financial institution to know about the company
Alyne is proud that our service has received global recognition to have industry-leading quality and we look forward to providing organisations with solutions that effectively minimise human error and strengthen information security and cyber defence capabilities.
Congratulations to all of the standout companies that were selected! The full Global CyberTech100 list is available to download here.