Glasgow based Encompass Corporation has been selected to attend the Department of International Trade’s (DIT) first RegTech mission to New York.
This mission offers British businesses the opportunity to explore the US market and NYC's financial services industry. Taking place from 24-28 April the event will include five days of workshops, networking events and 1:1 meetings where UK companies can learn best practices about US expansion strategy and business development as well as network with top-level industry executives.
A leading RegTech company, Encompass Corporation provides next generation KYC software for banking, finance, legal and accountancy.
Encompass is one of 16 leading RegTech firms selected to take part in the mission and the only Scottish firm. They will also pitch at an event during NYC FinTech week and have a booth at the Empire Startups Conference.
Francesca Lorenzini, based in DIT’s British Consulate office in New York congratulated Encompass saying “we’re delighted to welcome Encompass to the mission, they are among a group of RegTech firms leading the way in the U.K. and on an exciting trajectory toward the US market which we hope this engagement will support.”
Roger Carson, Co-Founder and Global Financial Sales Director, Encompass Corporation said: "This mission will be of enormous benefit to our businesses as we look expand globally, and into the North American market in particular. We're also delighted to have the opportunity to showcase the exciting developments in RegTech that are happening here in Scotland."
Sharon Hamilton, Head of Financial & Business Services, Scottish Development International said "This is a fantastic opportunity for Encompass to showcase RegTech in Scotland to the world's largest digital economy."