Suade was founded to solve challenges that financial institutions face due to the ever-growing set of regulatory reporting requirements introduced following the 2008 financial crisis. Suade’s solution brings transparency, flexibility, and automation to the regulatory process. The fast-growing RegTech company provides financial institutions globally with a data-driven approach that ensures an agility to compliance in today’s rapidly changing regulatory landscape. Suade’s solutions are also able to analyse and report on large amounts of financial data – saving firms valuable time and money. Hence, many financial institutions are turning to Suade to address the challenges of the post-2008 regulatory environment.
In June 2018, Suade was named a Technology Pioneer by the World Economic Forum; recognised as an early-stage company whose technology and innovation have the potential to disrupt business and society. Suade is an active participant in many World Economic Forum events and projects, alongside other former Technology Pioneers including Google, Mozilla and Twitter. As a thought leader in responsible AI, Suade contributed to the AI Model Governance Frame work alongside the World Economic Forum. Suade’s CEO, Diana Paredes, presented At Davos in 2020 joined by the Head of the AI and ML platform, World Economic Forum, President, Microsoft and Singaporean Minister on a panel discussing the implementation of responsible AI. Suade has said they are ‘delighted to announce that we have graduated to the Global Innovators Community. The Global Innovators Community is a group of the world’s most promising start-ups and scale-ups that are at the forefront of technological and business model innovation’. The World Economic Forum provides the Global Innovators Community with a platform to engage with public and private-sector leaders and to contribute new solutions to overcome current crises and build future resilience. As a Global Innovator, Suade will continue to engage with the World Economic Forum and its communities to shape the world of tomorrow.
Suade’s CEO and Co-Founder, Diana Paredes, commented, emphasising the importance of Agile Governance:
"We are thrilled to strengthen our relationship with the World Economic Forum and continue our engagement as a Global Innovator. This community provides a fantastic platform for scale-ups to engage with world-changing projects and we look forward to contributing to these.’
"We are thrilled to solidify our relationship with the World Economic Forum and continue our engagement as a Global Innovator. The World Economic Forum is a community that provides a fantastic platform for organisations to engage with world-changing projects and we are excited to contribute to these.’
"We look forward to representing and being a voice for RegTech around the world whilst contributing to initiatives around responsible use of technology and agile governance."
You can discover more about Suade's relationship with the World Economic Forum here.