Promontory

Washington, United States Founded: 2001 • Age: 25 yrs Acquired By IBM
Regulatory software suite is offered for financial institutions compliance needs.

About Promontory

Promontory is a Financial Services company based in Washington (United States) founded in 2001, and was acquired by IBM in September 2016. Regulatory software suite is offered for financial institutions compliance needs. It operates on a Professional Services model. Promontory offers products and services including AI Governance and Risk Management, Financial Crime Combat Solutions, Risk Management for Financial Services, and Governance and Resilience Advisory. Its focus areas include Consulting and Risk Management. Its legal entity is IBM Promontory. Its competitors include Alloy, Parallel Markets and Craft; 3 of its 3 listed competitors have raised funding.

Company details

IBM Promontory is involved in providing consulting services at the intersection of strategy, risk management, technology, and regulation. Services are offered to financial institutions and governing bodies, focusing on designing strategic initiatives, managing regulatory and financial risks, and enhancing governance. Solutions are delivered with access to IBM platforms, ensuring scalability and innovation. The company is dedicated to helping clients navigate evolving regulations and technological advancements while addressing compliance challenges across various sectors of the financial industry.

  • Headquarters Washington, United States
  • Stage Acquired
  • Sectors
    Financial Services
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website promontory.com
  • Social LinkedIn X
  • Acquired by IBM (Sep 2016)
  • Legal Name Ibm Promontory
Key Metrics

Products & Services of Promontory

Promontory offers a comprehensive portfolio of products and services, including AI Governance and Risk Management, Financial Crime Combat Solutions, Risk Management for Financial Services, and Governance and Resilience Advisory.

AI Governance and Risk Management
Consulting Services

AI governance and risk management are tailored at scale.

Financial Crime Combat Solutions
Consulting Services

Financial crime is fought with integrated regulatory technologies.

Risk Management for Financial Services
Consulting Services

Risk management for financial services ensures regulatory compliance.

Governance and Resilience Advisory
Consulting Services

Governance and resilience are enhanced for operational strength.

Investors in Promontory

Promontory has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include IBM.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Hybrid cloud and DevOps automation are delivered to enterprises.
1911ibm.comUnited States
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Investor details for Promontory

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People of Promontory

753 people are tracked at Promontory (268 in leadership, 13 in board & advisors, 472 in team).

NameRoleGroup
john keogh
Director Of EngineeringLeadership
Oliver Wu
Managing Consultant, Strategy & Transformation, IBM ConsultingLeadership
Yeonjoo Kim
Vp/senior Partner, Strategy, Global Offerings & Growth, IBM ConsultingLeadership
Rob Thomas
Senior Vice President, Software And Chief Commercial OfficerLeadership
Bonnie Pierson-Murphy
Vice President And Assistant General CounselLeadership
Simone Somma
Associate Partner - Consumer IndustryLeadership
Ian Bird
Executive Partner, Talent & TransformationLeadership
Divya Rajagopal
Partner & Executive Director - Hybrid CloudLeadership
Kelly Carney
Partner & Client Executive – Energy Industry | IBM ConsultingLeadership
Shreyas Vidwans
Brand Partner SpecialistLeadership
Tejaswini Rajwade
Chief Financial Officer, India/south AsiaLeadership
Jean-Paul Gomes
Corporate VP & Chief Customer OfficerLeadership
Armon Dadgar
Hashicorp CTOLeadership
Jeevak Malhotra
Associate Partner, AmericasLeadership
Utpal Mangla
General Manager; Distributed, Edge, Sovereign Cloud & Ecosystem Partnerships; IBM Cloud PlatformLeadership
Joerg Ludwig
DirectorLeadership
Kevin Reick
Chief Engineer Of Post Silicon Validation, Power8Leadership
Ashley Poole
Business Analytics - UKI Partner Development ManagerLeadership
Matt McLaughlin
Global Talent Partner For SalesLeadership
Raghavendra Pai
Chief Financial Officer Asean ConsultingLeadership

733 more people are available in the full profile.

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Complete people profiles for Promontory

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Timeline of Promontory

3 dated milestones of Promontory across 15 years, from founding to its latest funding, stage changes and deals.

  1. Founded Promontory is founded.
  2. Exit Acquired by IBM.
  3. Exit Acquired by IBM.

Competitors of Promontory

Promontory has 3 listed competitors in our database, 3 of them funded. They include Alloy, Parallel Markets and Craft.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
alloy.com2015New York, United States$211.37M216
Identity decisioning platform is provided for banks and fintech firms.
parallelmarkets.com2018New York, United States$11.56M
Software solutions for private market investors
craft.co2014Francisco, United States$42M51
Craft is recognized for providing supply chain resilience solutions.
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Detailed competitors of Promontory

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Web traffic of Promontory

Websites that share an audience with Promontory (promontory.com).

Similar websites

Websites whose visitors overlap most with Promontory. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
deloitte.com
100%
11.7M#5,734View details
garp.org
89%
#97,651View details
pwc.com
77%
5.5M#12,631View details
aba.com
71%
262.7K#180,682View details
willis.com
66%
2.6K#6,007,728View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 13 similar websites and full traffic analytics for Promontory

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  • Audience overlap
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Verified entity values are shown only after access is granted.

Top companies in Regulatory & Compliance Tech

3 companies that operate in the same segment as Promontory (Regulatory & Compliance Tech) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
CLEAR is focused on secure identity verification for seamless experiences.
2010New York, New York, United StatesUSD 135 MUSD 900.78 M4,019
AI-based fraud prevention for e-commerce payments is provided.
2013New York, New York, United StatesUSD 232.02 MUSD 346.08 M724
Compliance management solutions for financial institutions
2014New York, New York, United StatesUSD 461 M815
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Related news about Promontory

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Frequently Asked Questions about Promontory

Promontory was founded in 2001.

Promontory is headquartered in Washington, United States. It is registered at Washington, District Of Columbia, United States.

IBM Promontory is involved in providing consulting services at the intersection of strategy, risk management, technology, and regulation. Services are offered to financial institutions and governing bodies, focusing on designing strategic initiatives, managing regulatory and financial risks, and enhancing governance. Solutions are delivered with access to IBM platforms, ensuring scalability and innovation. The company is dedicated to helping clients navigate evolving regulations and technological advancements while addressing compliance challenges across various sectors of the financial industry.

Promontory's top competitors include Craft, Parallel Markets and Alloy.

Promontory offers AI Governance and Risk Management, Financial Crime Combat Solutions, Risk Management for Financial Services, and Governance and Resilience Advisory.

Promontory has 1 investor. Key investors include IBM.

Promontory operates through Ibm Promontory.

Yes. Promontory was acquired by IBM in September 2016.

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