If You Have 10,000 Regulations . . .

“If you have 10,000 regulations, you destroy all respect for the law.” — Winston Churchill

One thing is certain: The growth in the number of laws and regulations is staggering, and this growth — not only in depth of rules, but breadth of…

On the Quantitative Value of Diversity

Ascent recently had the privilege of showing our support of ChickTech, a women-in-tech nonprofit that empowers women to stay in tech and encourage girls to join. As a sponsor of the Career Fair at the organization’s ACT-W Conference in Chicago, we had the…

Regulation Strangulation

So, here’s a quick rundown of applicable regulations to registered entities based on review of four regulators (CME/CFTC/ICE/NFA):

1. FCM: 1,457
2. IB: 847
3. CTA: 566
4. CPO: 659

Understanding the Recent Reg AT Update

Very few topics have been as volatile or highly debated as Regulation AT, the CFTC’s proposal for regulating algorithmic trading.

What is RegTech?

When we’re asked to describe what we do at Ascent, we strive to educate our customers and partners on a new, burgeoning industry: “RegTech,” short for Regulatory Technology. We’re often mistakenly lumped into the exploding “FinTech” community, but this characterization isn’t wholly accurate…

Ascent Raises $1.2 Million Seed Round

We’re so thrilled to announce the successful close of our oversubscribed $1.2 million seed funding round!

The funding will be used to operationalize and streamline our platform, to invest in the continued growth of our proprietary data…

A Regulatory Heatmap

At Ascent, we take pride in providing intelligence via our research and reporting functions to help you streamline your compliance processes, and manage your firm’s regulatory risk. The data and intelligence we provide can help a compliance team allocate resources more efficiently and…

Say Hello to Our New CTO!

We’re absolutely thrilled to welcome Chris Doyle, previously CTO at PrettyQuick, to our executive team! As CTO, Chris will lead our technology team to quickly bring our initial product offering out of beta as a trusted, efficient compliance platform.

Number Crunch

We’ve crunched the numbers: the average US-based clearing firm needs to comply with nearly 2,000 unique, affirmative, regulatory obligations.1 Trading derivatives outside of the US? You can effectively double that — and adding another clearinghouse with its own set of unique rules imposes a significant…

It’s a Shield, Not a Sword

Businesses on the wrong side of the law often feel as if they’d been bludgeoned by instruments of jurisprudence, bearing a distinct scarlet letter from the administration of executive-based (re: administrative) and judicial-based (re: State/Federal Court) actions. Gone are the days…