FSIC-Admin
October 5, 2026
Approved Submissions
ComplyTrack: Digital Compliance Management for Fintechs
DeepScope Technology Services Limited
Early-stage fintech companies and smaller financial service providers may struggle to organize compliance obligations, maintain supporting documentation, track internal control activities, and meet applicable reporting deadlines. Compliance information is often spread across spreadsheets, email threads, shared folders, and separate business applications. This fragmented approach can result in missed reminders, incomplete audit trails, duplicated work, and delays in preparing requested information. Smaller organizations may have limited compliance personnel and technical resources, making it difficult to establish consistent, well-documented processes as their products and operations grow. Poorly maintained records can also make internal oversight and engagement with relevant authorities more difficult.
ComplyTrack is a proposed regulatory technology platform that would help financial technology companies organize compliance activities through a centralized digital workspace. Users could maintain a register of applicable obligations, assign tasks to responsible personnel, schedule reminders, store supporting documents, and monitor the completion of internal controls. The system would generate configurable checklists and evidence reports to support internal reviews and the preparation of relevant submissions. Where permitted and appropriate, authorized users could configure access permissions, maintain version histories, and create time-stamped activity logs. Security controls would include multi-factor authentication, encryption, backups, and defined data retention procedures. The platform would assist organizations with compliance administration and recordkeeping; it would not determine regulatory compliance conclusively, replace professional advice, or grant regulatory approval.
Individuals / underserved communities, Fintechs
