About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Clausematch Partners Várri Consultancy to Provide Compliance Solutions in MENA Region

Subscribe to our newsletter

Clausematch, a RegTech company offering solutions for compliance, has partnered Várri Consultancy to make compliance automation software available for small and medium enterprises in the Middle East and North Africa (MENA) region. Headquartered in Dubai, Várri provides strategy consulting, as well as risk and governance advisory services.

This is London-based Clausematch’s first partnership in the region, although it has been collaborating with the Abu Dhabi Global Market’s (ADGM) Financial Services Regulatory Authority (FSRA) to produce an open source digital regulatory knowledge graph. The knowledge graph offers digitised rules for the use of decision automation systems, allowing financial institutions to gain a deeper contextual understanding of applicable legislation and apply requirements more effectively and efficiently.

Commenting on the partnership, Johnny Kollin, founder and managing director of Várri Consultancy, says: “Organisations are finding it difficult to stay updated on the constant stream of regulatory changes. Companies’ policies and procedures meant to address this issue often lack linkage to the regulatory environment and real risks. Clausematch allows companies to manage the policy lifecycle, link internal policies with external regulations, and demonstrate compliance to stakeholders.”

Claudia Coutinho-De Somma, EMEA account executive at Clausematch, adds: “Várri Consultancy has significant knowledge and experience with regulated entities in the UAE. It fits Clausematch’s mission of providing highly regulated businesses with best-in-class SaaS compliance solutions.”

Clausematch joins key RegTech players in the MENA region including Dublin headquartered Fenergo, Swiss RegTech Qumram, and Cairo-based Digified.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Sponsored by FundGuard: NAV Resilience Under DORA, A Year of Lessons Learned

The EU’s Digital Operational Resilience Act (DORA) came into force a year ago, and is reshaping how asset managers, asset owners and fund service providers think about operational risk. While DORA’s focus is squarely on ICT resilience and third-party dependencies, its implications extend deep into core operational processes that are critical to market integrity, investor...

BLOG

World Federation of Exchanges Urges Regulators to Balance Quantum Risk with Near-Term Cyber and AI Threats

The World Federation of Exchanges (WFE) has called on regulators to balance long-term quantum computing risks against more immediate operational challenges in the financial sector. The association’s press release highlights a substantial gap between regulatory expectations for early preparation and the industry’s current prioritisation of nearer-term threats such as generative artificial intelligence (GenAI) and cyber...

EVENT

TradingTech Summit London

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

The Global LEI System – A Solution for Entity Data?

The Global LEI System – or GLEIS – has been in development since the middle of last year. Development has been patchy at times, but much has been done, leaving fewer outstanding issues, but also raising new questions. What’s emerging is a structure for the GLEIS going forward, complete with a mechanism for registering and...