- In May 2024, CUBE, a leading player in the regtech industry, including Automated Regulatory Intelligence (ARI), announced its acquisition of Thomson Reuters’ regtech business. This strategic move significantly expanded CUBE's customer base and bolstered its talent pool, enhancing its ability to provide innovative regulatory solutions. The acquisition strengthens CUBE's position in the market, enabling it to better serve clients with advanced, AI-driven compliance tools
- In June 2023, Dassault Systèmes strengthened the financial services sector of its OUTSCALE cloud brand by acquiring and integrating Innova RegTech solutions. This acquisition enhances OUTSCALE’s ability to provide sovereign and sustainable experiences as a service, reaffirming its position as a reliable partner for financial institutions. With the integration of Innova’s compliance solutions, Dassault Systèmes aims to offer cutting-edge tools for managing regulatory challenges. This move further solidifies OUTSCALE’s commitment to empowering financial organizations with innovative, secure, and efficient compliance technologies
- In April 2023, Hummingbird RegTech launched a new app designed to assist professionals in the compliance sector with combating financial crime. The app incorporates a custom tech stack and provides specialized tools that streamline daily compliance tasks, ensuring professionals stay aligned with evolving regulations. This innovative solution aims to enhance operational efficiency and risk mitigation in financial compliance. By equipping professionals with advanced technology, Hummingbird RegTech is driving progress in the fight against financial crime
- In March 2023, Ascent Technologies, Inc. introduced its new Compliance Confidence Scorecard, a tool designed to assist businesses with navigating regulatory changes. The Scorecard offers real-time regulatory updates, detailed analysis, and monitoring of compliance requirements, helping businesses stay ahead of the regulatory curve. By providing a structured approach to compliance management, the Scorecard enables companies to align their solutions and services with the latest regulations, ensuring they maintain compliance while minimizing risks
- In June 2023, Dassault Systèmes integrated the Innova RegTech solution into its platform, enhancing its capabilities to automate compliance controls for financial institutions. This integration allows Dassault Systèmes to partner with major financial organizations such as BNP Paribas Securities Services and other industry leaders. By automating and streamlining compliance processes, the new system offers enhanced operational efficiency and regulatory alignment, making Dassault Systèmes a key player in transforming the financial compliance landscape
