Cable
Cable is a medium-sized company in the Financial Services industry, specializing in regulatory compliance and financial crime prevention. Based in San Francisco, CA, the company offers an automated compliance monitoring platform that enhances transaction oversight and supports compliance with various financial regulations.
Company Overview
Cable operates in the Financial Services industry with a team size of 255 employees, categorizing it as a medium-sized business. The company is headquartered in San Francisco, CA, and focuses on providing solutions that enhance compliance for financial institutions. Cable aims to assist Compliance Officers in navigating regulatory requirements effectively.
Specialties
Cable specializes in various aspects of regulatory compliance, including Anti-Money Laundering (AML), Bank Secrecy Act (BSA), and Know Your Customer (KYC) processes. The company also offers services in Automated Assurance, Quality Assurance, and Automated Risk Assessment. Their expertise extends to Anti-Financial Crime measures and Banking-as-a-Service (BaaS), catering to the needs of fintech and crypto sectors.
Products and Services
Cable provides a platform that automates compliance oversight, ensuring that every transaction adheres to regulatory standards through comprehensive automated testing. The platform allows for seamless integration with existing tools and offers real-time testing capabilities to identify control failures promptly. Additionally, Cable's Partner Hub facilitates the onboarding of fintech programs by integrating their risk assessments into a company's overall risk management framework.
Funding and Growth
Recently, Cable raised an $11 million Series A funding round to support its growth and expansion initiatives. The company is actively hiring new employees to enhance its team and capabilities, reflecting its commitment to scaling operations and improving service offerings in the financial compliance landscape.
Compliance Solutions
Cable's platform delivers a dynamic Financial Crime Risk Assessment that updates automatically based on the effectiveness of controls. It provides comprehensive compliance information, enabling organizations to easily identify and report on control and risk trends. The platform ensures full adherence to transaction monitoring regulations and offers a first-of-its-kind automated compliance monitoring solution that tests all accounts and transaction data continuously.