CoVi is one of the five participants joining the second wave of SEI’s Codify programme, its London-based RegTech incubator. We are very pleased to be joining a great community with a fiery ambition to applying technology to solve the ever-growing regulatory burden.
Along with CoVi Analytics, the other startups include:
- Analytic Risk Technology (ART) builds stress-testing technology for banks, intermediaries and regulators. Its technology analyzes and controls the results of thousands of pieces of data for complex capital requirements.
- Cognitiv+ specialises in automated technology, utilizing deep learning and natural language for the analysis and management of contractual obligations.
- Kormoon develops software designed to help firms’ manage the complexities of rules governing data privacy and protection by automating the decision-making process. Its current focus is the General Data Protection Regulation (GDPR) implementation.
- RISE Financial Technologies offers distributed-ledger technology-based solutions to optimize the post-trading activity of traditional asset classes. RISE also develops custody and servicing solutions to make crypto-assets compliant and compatible with existing investment processes.
A special thanks to Ahsan Mallick, General Counsel at SEI U.K. and executive sponsor of Codify, for his vision and support of the RegTech echo system.
Now in its 50th year of business, SEI (NASDAQ: SEIC) is a leading global provider of investment processing, investment management, and investment operations solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth.