Complok Summer Recap🏝️

Complok Summer Recap🏝️

We have some exciting updates regarding a new product flow, UI/UX overhaul, and upcoming events. But first, thanks for bearing with us, lending us your time, and giving lots of constructive feedback to improve our platform. The response to our new platform has been very positive and we wouldn't be doing it if it wasn't for you!

Highlights 🔆


  • Joining the Tenity New Nordics Challengers program. 🚀
  • Reworked the product logic / UI/UX with the help of our users. 🏗️
  • We’re actively engaging with new customers and are excited to report that we’re signing Letters of Intent (LOIs) as part of these discussions. 🤝
  • Tallinn AI Week: Mari-Liis joined forces with Salv, LHV, FSA, and Taltech during AI Week, where they’ll discuss how technology can align with evolving regulations. 🤖
Mari @ AI Week with Innar Liiv, Mari-Liis Kukk, Ester Eggert and Martti Praks.

New Product Flow & UI/UX Improvements ✨


Thanks to your feedback, we’ve redesigned our product flow and made significant UI/UX updates. The goal was simple: make the platform more intuitive and aligned with your day-to-day needs. Early feedback has been really positive, and we’re excited for you to experience the improvements.

📺
Watch a sneak peek of our new product here.

Acceleration and Funding News 🚀


We’re proud to share that we’ve joined the Tenity New Nordic Challengers Program, becoming part of the Copenhagen Fintech Association. This gives us the chance to collaborate with an incredible group of founders and industry experts.

What’s Next 🔮


  • We are working with experts to prepare risk frameworks for DORA and ESG and integrate them into our platform.
  • At the end of September, you can find us at Nordic Fintech Week in Copenhagen.
  • If you’re gearing up for your annual Risk Assessment, feel free to reach out. We may have as good offer for you.😉

Gratitude🙏


  • To everyone who participated in demos and shared feedback with us — thank you! Your input is invaluable. 💚

Interesting Reads📰


Swedish appeals court convicts Swedbank ex-CEO over Estonian money laundering
A Swedish court of appeal sentenced former Swedbank CEO Birgitte Bonnesen to 15 months in prison in connection with the money laundering case involving the bank’s Estonian branch.

About the EU AI Act coming into force.

Long awaited EU AI Act becomes law after publication in the EU’s Official Journal | White & Case LLP
On 12 July 2024, the European Union’s Artificial Intelligence Act, Regulation (EU) 2024/1689 (“EU AI Act”) was published in the EU Official Journal, making it the first comprehensive horizontal legal framework for the regulation of AI systems across the EU. The EU AI Act enters into force across all 27 EU Member States on 1 August 2024, and the enforcement of the majority of its provisions will commence on 2 August 2026.

Starting 17.01.2025 Fintechs have to be DORA compliant.

Digital Operational Resilience Act (DORA)
DORA introduces uniform and harmonised governing principles for the management of cyber risks. This means that the reporting on cyber incidents will be streamlined, and third-party risk supervised.

Talk to you soon! 👋