Starling, a leading RegTech company, was selected to be one of only a dozen startups featured at the “Innovation Hub” during the Institute of International Finance (IIF) Annual Meeting on October 7-8, 2016 in Washington, DC.
With 1500+ participants from over 75 countries, representing the leading figures in global finance, the 2016 IIF Annual Membership Meeting featured over 150 speakers and 50 panels on topics ranging from Regulatory Challenges, Innovation & Fintech, and The Future of Finance, among others. The Innovation Hub provided a showcase of technologies and concepts with the potential to transform financial services including advanced data science, the blockchain, and regtech.
Starling founder and CEO, Stephen Scott, observed, “In the years since the Financial Crisis, the world’s largest banks have paid fines for misconduct in excess of $275 billion, in the aggregate. Conduct risk now represents an existential threat to banks and other financial institutions, and the market is demanding new approaches to mitigating such risk.”
“Starling’s innovative RegTech solutions use predictive analytics and machine learning to help firms address the increasing regulatory focus on conduct risk with greater success and efficiency, said Starling co-founder and COO Jeff Kupfer. “We are pleased that the IIF chose to highlight the data-driven, applied behavioral science tools we are bringing to the financial services market.”
Starling Trust Sciences
An applied behavioral sciences company, Starling combines machine learning and network science to build augmented management intelligence tools. Its predictive behavioral analytics technology reveals the performance impact of relational trust dynamics within organizations. Starling’s proprietary algorithms generate actionable insights, displayed through intuitive and customizable dashboards, which allow business leaders to drive improved performance and desired culture – and to identify and mitigate behavior-related risks.
Institute for International Finance
The IIF is the global association of the financial industry, with some 500 members from 70 countries, including commercial and investment banks, asset managers, insurance companies, sovereign wealth funds, hedge funds, central banks and development banks. Its mission is to support the financial industry in the prudent management of risks; to develop sound industry practices; and to advocate for regulatory, financial and economic policies that are in the broad interests of members and to foster global financial stability and sustainable economic growth.