Thursday, November 21, 2024


PwC spins off Fintech unit

By DAC000 , in Regtech , at November 22, 2020 Tags:

rebranding it LIKEZERO. The company engages in automated analysis of contracts, helping firms more effectively — and with less human interaction — manage counterparty risk. About a two minute read.

Comment: this development wasn’t unexpected, given the speed at which this division, first established in 2016, grew. There is clear and present need for automated solutions, considering the scale of the regulatory challenge and penalties for non compliance.

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