Today we are proud to announce that Behavox has been recognized as the “Best RegTech Solution” by the HFM European Technology Awards, a business intelligence organization for hedge fund professionals that recognizes ground-breaking technologies.

Behavox was selected for this award because our comprehensive, agile solution enables clients to uncover compliance and conduct risks hiding within businesses quickly and accurately. Our industry-leading AI-based solutions help some of the world’s leading financial institutions – including some of the largest hedge funds – ensure regulatory compliance and manage employee misconduct simultaneously.

The HFM European Technology Awards honor companies who have demonstrated outstanding customer service and product innovation over the past year. This year’s program was judged by an expert panel of chief technology officers on a range of criteria including business growth, client service, solving problems relevant to hedge fund managers, innovation, and product development.

This is the second year in a row that Behavox has been recognized by HFM Technology for its ground-breaking data operating platform. Last year, Behavox won the “Most Disruptive Technology Solution” at the 2019 HFM European Technology Awards.

With the threat of misconduct being higher than ever before due to indefinite remote working environments, our CEO and Founder Erkin Adylov noted that this award is especially timely, as clients are now tasked with managing a challenging, decentralized risk map on a daily basis. Behavox’s agile solution enables companies to deflect regulatory fines and misconduct amidst an evolving professional landscape.

This award is one of the latest that Behavox has recently received for its achievements in financial regulatory technology. Just last week, Behavox was recognized as the “Best AI Solution” by AI Breakthrough. Read more about our win from HFM Technology in our full announcement.