The R&D arm of MakoLab has been developing semantic technology competences focused on solutions for the Fintech and RegTech industries for several years now. Winning the tender launched by European Commission for a supervisory reporting concept dictionary is outstanding confirmation that the company’s consistent strategy for building its position on the international FinTech and RegTech markets is paying off.
The fact that such an important department of the European Commission has recognised MakoLab’s competence on an equal footing with one of Europe’s leading universities is a great distinction for our company. For our R&D department, this success is the culmination of several years’ work focused on the application of semantic technologies for financial and regulatory applications. To give you one example, as part of our US start-up, LEI.INFO, we’ve already applied these technologies successfully for the unique expression of Legal Entities Identifiers.