Global education provider acquires Australian RegTech pioneer
Sydney Australia - Global education provider Kaplan has today acquired Red Marker, the machine learning and artificial intelligence-based RegTech pioneer.
In the lead up to this acquisition, Kaplan Professional and Red Marker have been developing the Artemis solution to help financial advisers create and share compliant digital content. Artemis detects 'risky' content as it is being created, helping advisers and licensees to identify and remediate compliance risks associated with the promotion of financial products or services.
Kaplan Australia and New Zealand Managing Director Rob Regan said the acquisition would enable Kaplan to broaden the horizon of its compliance solutions to the financial services sector through the application of artificial intelligence.
"We are investing in real-time learning with the aim of further equipping advisers with the tools they need to maximise their success in a rapidly changing landscape."

"By enabling advisers to confidently embrace compliance, it will allow them to continually increase their knowledge in a reportable manner."

"Adding Red Marker to the Kaplan portfolio will accelerate the development of personalised and adaptive learning engines in the financial services sector," he said.
Kaplan Professional CEO Brian Knight said the need for this type of artificial intelligence and machine- learning-based compliance solution was critical in Australia.
"AI will revolutionise education and it will empower our clients to find ways to ensure their advisers can provide trusted and reliable advice now and into the future."

"This is a game changer as it goes beyond AI and machine learning and combines micro-training to enable advisers to remediate problems as they arise in real time, ultimately leading to a true culture of compliance," he said.
Red Marker Managing Director Matt Symons said he was excited about the potential to combine Kaplan's global education assets with Red Marker’s real-time compliance analytics.
"Our clients are really enthusiastic about Artemis; it shows real-time training delivered when learners need it most is the future of professional education in Australia and around the world."

"Kaplan have been an incredible partner for Red Marker and this acquisition is another step in our joint mission to help financial services firms reduce risk and improve education outcomes."
Kaplan and Red Marker are committed to continuing to work with the industry to provide meaningful compliance solutions for the sector and further investigate new and innovative ways of utilising artificial intelligence to provide better learning outcomes.
Terms were not disclosed. Red Marker principals and staff will continue with the business.

Risk Detection

Automatically assess the risk levels of across your digital communications in accordance with government regulations and your organisation's internal policies.

Website Monitoring

Automatically identify, analyse and track website content to identify potential compliance issues and manage their remediation.

Content Generation and Distribution

Easily create and distribute relevant, compliant content through multiple social and digital media channels including websites, online blogs, LinkedIn, Twitter, Facebook and YouTube.

Configurable Rules

Configure automated actions that are triggered based on risk scores, user profiles and your organisation's business rules e.g. post retraction, email & SMS alerts to key stakeholders.

Artemis, Compliance by Design

Producing regular and effective digital content that is topical and engaging cannot only be difficult and time-consuming, it can expose financial service providers to risk.

  • ASIC actively monitors all digital marketing to ensure that it is not false or misleading.
    "ASIC is determined that all customers ... are not mislead by any form of advertising, including online and through social media"
    ASIC Press Release, August 2015
  • Many of the infringement notices for the false or misleading advertising issued by ASIC relate to websites or online advertising.

Find out more about what Artemis has to offer.

About us

Red Marker is an agile and dynamic team dedicated to delivering technology solutions that deliver maximum value to our clients and help them grow their business.

We have a track record of building large-scale enterprise applications, including lead generation applications, natural language processing systems and large-scale data processing systems.

We are also proud to be a founding member of the RegTech Association, an organisation committed to building compliant businesses through RegTech innovation and investment.

© 2018 Red Marker Pty Ltd