Chicago based regtech and AI startup raised a $6m venture round led by Alsop Louie Partners.
| less than a minute read
Regtech firm Ascent raises $6m
Ascent uses artificial intelligence (AI) and natural language processing (NLP) to transform raw regulatory data into discrete actions for compliance departments. Ascent analyzes millions of data points from rules and documentation from a regulator, creating a constantly-updated regulatory channel. Ascent distributes this intelligence via regulatory channels, including the CFTC, CME, CBOE, ESMA, FINRA, ICE, and SEC.
