Compliance and regtech software provider, Lextegrity, launched the Integrity Analytics Collective, described as an initiative to “democratize and advance data analytics” within its Integrity Gateway platform. It aims to continuously improve data analytics for the global ethics and compliance community.
Parth Chanda, founder and CEO of Lextegrity, said in a statement: “In building an off-the-shelf library of analyses within our very own Integrity Gateway application, we are in effect democratizing data analytics. We have partnered with some of the world’s leading organizations in this area to gather their input and to ensure that learnings are incorporated into the software. By doing so, companies will be able to benefit from the continuous improvement of their analytics based on best practices which will, in turn, allow them to respond more rapidly to evolving schemes and risks identified by the broader community.”
Partners already signed up to the collective include: Ethisphere, Ropes & Gray’s new R&G Insights Lab; Integrity Risk International; Compliance Systems Legal Group, law firm Crawford & Acharya pllc; Front-Line Anti-Bribery LLC; KMN; and ESG Legacy.
Stefan Linssen, EVP of Global Partnerships and chief content officer at Ethisphere, said in a statement: “Many companies are looking to implement data analytics in their compliance efforts but are struggling with how to start. Lextegrity has provided a clear toolset for any company to have a best-in-class analytics program out-of-the-box. The Collective means that companies also get cutting-edge continual improvement of their analytics equally out-of-the-box.”