Source: Business Leader
By James Cook
Corlytics, the regulatory risk intelligence firm, has acquired Clausematch, which delivers proof and tracking of compliance, and is now looking to redefine the RegTech market.
This strategic acquisition creates a platform that manages the entire regulatory risk value chain on a global scale, elevating Corlytics’ extensive offer for Tier 1 organisations including global banks such as ING, insurers such as SCOR and regulators such as FINRA. Further ambitious growth is planned over the next two years as the global RegTech market is estimated to grow at CAGR of 53%.
Corlytics’ proven intelligent regulations and regulatory data, now combined with the Clausematch capability of creating, maintaining and mapping intelligent regulatory documents and policies, marks a breakthrough for the RegTech industry. A point of acceleration following years of learning and development, Corlytics has brought together its suite of best-in-class technologies and IP to make this possible…
Read full article: https://www.businessleader.co.uk/corlytics-looks-to-redefine-regtech-after-acquiring-clausematch/
