eFlow Global, a Regtech scaleup, has announced ambitious plans to expand globally, further establishing its regulatory compliance technology platform and importantly, bolstering its presence in the US.
This widespread growth has seen a significant rise in eFlow’s clientele, with a 57% increase noted in the past year due to an accelerated uptake of trade surveillance technology. eFlow has successfully maintained an impressive 96% client retention rate while simultaneously welcoming a multitude of new international clients from Europe, North America, and APAC.
Key to its enhanced success has been the appointment of strategic personnel, the company states. Jonathan Dixon has stepped on board as Head of Surveillance, bringing extensive experience from Eventus, Barclays, and Accenture among others.
Dixon will be responsible for directing the development of eFlow’s trade surveillance solutions. Positioning itself for successful expansion into the US sector, eFlow appointed Casey Stanley, veteran of S&P Global and Thomson Reuters, as Sales Director. Meanwhile, Sam Roberts, having a career spanning over two decades in B2B marketing, will steer eFlow’s global brand and promotional activity as Head of Marketing.
eFlow, over the past year, has built an international client base of over 110 firms. Many of these companies are currently employing numerous eFlow solutions to aid with market abuse surveillance, transaction-cost analysis, transaction reporting, and eComms surveillance.
CEO and Founder of eFlow Global, Ben Parker, notes the continuous challenges faced by financial firms with increasing regulatory pressures. Parker says, “It’s harder than ever to stay compliant, and we know first-hand that increasing scrutiny from global regulators and cross-border challenges have contributed to this.”
Parker adds, "eFlow’s expansion will help mitigate these issues across the board and we’re excited to bring our technology to a new audience of financial institutions worldwide."
Adding to this, Dixon stated, “The only way for businesses to keep pace with continuously evolving regulation is through the implementation of cutting-edge technology. I'm thrilled to be joining the team to help redefine compliance for businesses worldwide.”
Being known for their uncomplicated and fortified compliance processes, eFlow Global has built a name for itself as a leading RegTech provider. A totality of over 110 financial institutions, including Aegon Asset Management and Plus500, are making use of its solutions. In being synonymous with innovation, eFlow has rebranded and put forth a market proposition replicating the emerging, global forerunner it has come to be.
Through the continuous refinement of its technology, eFlow Global is reshaping the financial regulatory landscape, affirming its growth and helping compliance-heavy organisations navigate the increasing regulatory pressures effectively.