GeoComply, a global leader in geolocation technology, is delighted to announce that it has been named as the RegTech Provider of the Year at the Gambling Compliance Awards in London, England.

The award recognises an operator and/or technology that has had significant success in automating the compliance function in an innovative and cost-effective way.

Judges were tasked with looking at how the technology has been successfully implemented into the gambling industry, in either a bricks-and-mortar or online environment.

Evidence was provided through case studies and customer testimonials which demonstrate strategic and measurable improvements in areas such as security, efficiency and cost saving.

Anna Sainsbury, Chief Executive Officer of GeoComply, said: “We are really honoured to have won this prestigious award. The finalists for this category are all at the cutting edge of technologies to enhance regulated markets globally.

“We thank the judges for recognising the efforts we have made at GeoComply thus far, and we look forward to doing even more in the future to support our customers to ensure compliance and to fight fraud through technical innovation in location confidence.”

The latest award comes after GeoComply last year won the Responsible Business of the Year at the Global Gaming Awards.

In 2015, GeoComply also won the Best Innovation in North American iGaming award at the iGaming North America Awards, as well as the Best Geolocation Supplier of the Year at the EGR North America Awards.

GamblingCompliance is a leading provider of independent business intelligence to the global gambling industry.