From the EU’s General Data Protection Regulation to new cybersecurity laws in the United States , in-house legal and compliance professionals are struggling to operate in the modern economy. Many corporations are leveraging technology to not only help them comply with pertinent laws and regulations , but also gain insights into how their compliance efforts are faring.
For many corporations, especially those in the heavily regulated financial industry, there is much technology can do. And some, like financial services company SEI, aren’t idly sitting around waiting for the next innovation to hit the market. SEI recently announced the launch of a regulation technology (“regtech”) incubator named Codify, which will be based in their London offices, to support startups designing new tools for corporate legal and compliance professionals in the financial industry and beyond.
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