Ascent (noun): the act of climbing or moving upward, especially to a higher point or position; an upward movement or progression; an increase in level or degree.
Ascent is a software company that provides compliance and regulatory solutions for financial institutions. Their platform uses artificial intelligence and machine learning to help companies automate and streamline their compliance processes. Ascent’s services include regulatory change management, compliance monitoring, and risk assessment. The company is headquartered in Chicago, Illinois and was founded in 2015. Ascent is regulated by the Financial Conduct Authority in the UK and the Securities and Exchange Commission in the US.
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This glossary post was last updated: 29th March 2024.
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