Nick Faro's Contact Details

Nick Faro's Company Details

DROIT

New York, NY, US • 50 - 99 Employees
Technology Consulting/Tech Services

Founded in 2012, Droit are the pioneers of computational law and regulation. Transactional and behavioural compliance requires the knowledge, maintenance and automation of highly complex global rule systems leading to delays, errors and lack of transparency in decision-making. Droit monitors hundreds of sources of regulation and related market microstructure changes, providing ongoing rules and data for derivatives and securities across all asset classes and all G20 aligned regulatory regimes. Droit evaluates thousands of automated trading decisions per second with a complete, traceable versioned audit record. Droit enables the world's largest financial institutions to ensure in real-time, at point-of-inquiry, that every single transaction or interaction is compliant with complex global laws across business conduct, execution, clearing/uncleared margin, trade and transaction reporting, risk mitigation, tax, readiness to transact, cross border and custom rules etc. Large financial institutions are converging on Droit as a consensus-based solution. Clients include UBS, Goldman Sachs, Credit Agricole, BNP Paribas, Wells Fargo, RBC Capital Markets, tier two investment banks and the buy-side. In December 2016, Droit announced a $16 million Series A investment led by Goldman Sachs. Droit has offices in New York, London and Sydney. Website: https://droit.tech/ | Contact: info@droit.tech