5 Asian Firms Named Top 100 Global Regtech Companies for 2020

5 Asian Firms Named Top 100 Global Regtech Companies for 2020

by December 9, 2019

REGTECH100 has released its latest list of the top 100 regtech companies, among which 5 regtechs from Asia.

REGTECH100 is an annual list of 100 of the world’s most innovative regtech companies. The list recognizes the next-generation of solution providers shaping the future of the compliance, risk management and cybersecurity industries.

5 regtechs from Asia were named amongst the top 100 regtechs leaders in the regulatory industry needs to know about in 2020.



Headquartered in Singapore, Centenal is a fintech company providing digital operation and compliance solution for wealth managers. The company’s vision is to help the wealth management industry to “obtain customer empowerment and operational and compliance excellence through digitization and automation.”

Centenal’s award-winning CRS Expert is the first-of-its-kind regulation engine that transformed the Common Reporting Standard, a complicated international legislation, into a digital regulation rule, saving 98% compliance time.


CustomerXPs (Clari5)

Clari5 CustomerXPs

Headquartered in Bangalore, India, CustomerXPs is a software product company providing financial crime risk management and customer experience management solutions to banking institutions. The company was founded in 2006, and sells its financial crime risk management software product under the brand name Clari5.

CustomerXPs’s Clari5 product provides financial institutions with real-time, cross-channel interventions for enterprise fraud management, anti-money laundering (AML) and customer experience management. It employs intelligent models based on neural networks, time series and complex analytics to provide insights. Clari5 also allows financial institutions to reuse the same in-memory data to simultaneously market their products and services in real-time.




Founded in 2016 in Singapore, Dathena is a pioneering artificial intelligence (AI) company that enables end-to-end data security.

Dathena’s proprietary AI, the Dathena 99 Core Engine, allows for data discovery, classification and PII detection, easily covering data volumes of millions of files and billions of records stored in databases. Leveraging natural language processing (NLP), deep learning and machine learning (ML), Dathena is able to identify and map sensitive data with unprecedented accuracy – 80% out-of-the-box, reaching 99% semi-supervised.

Alongside Singapore, Dathena has offices in France and Switzerland.




Based in Mumbai, IDfy provides risk and fraud solutions processing a million people profiles every day for more than 150 companies. These include renowned companies in fintech, cryptocurrency, insurance, telecom, e-commerce, taxi aggregation, and P2P exchanges.

IDfy’s proprietary systems are built on the latest in ML-based anomaly detection, machine vision, and identity authentication techniques. These systems catch new and emerging fraud as well as fraud that previously went undetected, keeping our clients, their customers and employees safe and secure.


Merkle Science

Merkle Science

Merkle Science is a deep-tech startup based out of Singapore. The company provides infrastructure to help blockchain companies, crypto-exchanges, investment funds, banks, and government agencies perform due diligence on the blockchain.

Merkle Science’s risk and blockchain monitoring solution allows companies to detect and prevent illegal use of cryptocurrencies. The solution monitors all incoming and outgoing crypto transactions to ensure that corporates are not transacting with blockchain addresses linked to illicit behavior such as ransomware or darkness marketplaces and to prevent businesses from unknowingly facilitating money-laundering or financing of terrorism.

The company is backed by Digital Currency Group, Kenetic, LuneX, SGInnovate and Entrepreneur First.


Besides these 5 regtech companies from Asia, REGTECH100 has also named several companies from abroad but which have offices in the region. These include:

Checkbox, a full suite of enterprise-grade app development features that enables non-IT users to build and deploy automation and workflow software for legal and compliance;

Encompass, the creator of a know-your-customer (KYC) automation software that enables better, faster commercial decisions;

Fenergo, which provides digital client lifecycle management (CLM) software solutions for financial institutions;

Kx, a division of First Derivatives which provides flexible tools for processing real-time and historical data;

KYC2020, which provides AML solutions;

Regulatory DataCorp (RDC), a company offering automated, intelligent customer screening solutions ;

The Technancial Company, which delivers real-time risk management and trade surveillance tools for global markets;

TRAction, which provides regulatory reporting services for financial institutions, and;

Yoti, a digital identity startup.