Sydney-based regulatory technology start-up, GRC Solutions, has been acknowledged with a Premier’s award for its expanding international presence in Asia and North America.

GRC managing director, Julian Fenwick, said that the nomination at the New South Wales Premier’s Export Awards in the education and training category was an important step forward for the fintech, as it looked to continue to build its international reach.

“In today’s global economy, Australian tech companies need to prioritise global growth as part of their long-term business strategies,” he said.

“At GRC, global growth has always been high on the agenda…that is a core value of our business.”

Fenwick said GRC would continue to expand its online compliance training business, which uses an adaptive eLearning platform, as issues of regulation continued to plague digital disruptors.

“Regulatory technology and compliance area really taking off and there is an increasing need for banks to be more efficient and effective in what they do,” he said.

With an office in Singapore, GRC will exhibit at the Singapore Fintech Festival later in the month which will be an opportunity to network ahead a ‘ramp up’ of global operations in 2017.