An Abingdon-based software company, NorthRow has been named the third most innovative Software as a Service (SaaS) provider in the annual TechRound SaaS66 awards.
Celebrating the innovation and success of software companies across the UK, Europe, and the wider world, the TechRound SaaS66 recognises companies of all sizes across the global software sector, from start-ups to established businesses.
Based out of the Innovation Centre at Milton Park, NorthRow was established in 2010 with the goal of making a difference to the devastating effects that fraud, and other forms of financial crime, can have on society.
NorthRow delivers Anti-Money Laundering (AML) and compliance software for regulated businesses, helping them minimise the risk of financial crime, money laundering and terrorist financing.
Regulated businesses must continually track, monitor, and audit business processes and relationships to ensure they are aligned with applicable regulatory legislation to remain regulated and operate legally.
Non-compliance can lead to hefty fines, reputational damage, and prosecution for the most serious offences.
On receiving the award, Adam Holden, CEO of NorthRow, said: “We are thrilled to have been named the third most innovative company at this year’s SaaS66.
“We pride ourselves on providing our customers with the tools they need to grow their business safely, and we are humbled to be the only Oxfordshire-based organisation in the top 10.
“It is an honour to be recognised for all our dedicated team’s hard work in growing NorthRow into the business it is today.
“This accolade is testament to the unwavering commitment of our colleagues and to be placed third is the perfect recognition of the continued dedication of our ever-expanding team.”