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

Compliance Consultant Partners with Clausematch to Enhance Firms’ Compliance Strategies

Subscribe to our newsletter

Compliance solutions provider Clausematch has forged a strategic partnership with Compliance Consultant, which provides compliance guidance primarily for financial institutions, with a focus on FCA compliance and authorisation. The alliance is aimed at helping clients strengthen current compliance strategies and best practices with advanced policy management and compliance automation solutions.

The two companies plan to help firms that lack the expertise to select the appropriate compliance solutions to meet their needs. According to Compliance Consultant, many SaaS products are expensive, challenging to use, or fail to address the underlying issue.

Compliance Consultant addresses this by offering non-exclusive and best suitable compliance procurement recommendations.

According to Lee Werrell, founder and principal, “At Compliance Consultant, we’re aware of the increasingly high importance of good governance, the adoption of best practices, technology and providing coherent strategies for our clients in the complicated and ever-changing world of financial regulation. And when it comes to financial regulatory compliance, you don’t simply need to be right – you have to record it in the right way. Clausematch’s platform capabilities such as the real-time collaborative editor, the compliance audit trail allows you to precisely evidence every beat of compliance in front of the regulators.”

Claudia Coutinho-De Somma, EMEA Account Executive at Clausematch, says: “We can provide the right tooling to alleviate the pain generally related to document management within a regulated firm, so we’re glad to have the staff at Compliance Consultant see and support the value we can offer, and make the right recommendations to their clients.”

The need for high-quality software for policy management and regulatory compliance is growing. With the FCA Consumer Duty on the horizon, MiCA coming in force in July 2023 and other crypto regulations looming, keeping up with regulatory obligations is becoming more and more challenging.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Navigating a Complex World: Best Data Practices in Sanctions Screening

As rising geopolitical uncertainty prompts an intensification in the complexity and volume of global economic and financial sanctions, banks and financial institutions are faced with a daunting set of new compliance challenges. The risk of inadvertently engaging with sanctioned securities has never been higher and the penalties for doing so are harsh. Traditional sanctions screening...

BLOG

What an Actimize Sale Might Mean for Surveillance and FinCrime Technology

When news emerged that NICE is preparing to sell its Actimize division – long regarded as one of the most established full-stack platforms for financial crime, fraud, and surveillance – the immediate headlines focused on valuation. With reports suggesting a price in the range of US$1.5–2 billion, the deal would be one of the RegTech...

EVENT

RegTech Summit New York

Now in its 9th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

ESG Data Handbook 2022

The ESG landscape is changing faster than anyone could have imagined even five years ago. With tens of trillions of dollars expected to have been committed to sustainable assets by the end of the decade, it’s never been more important for financial institutions of all sizes to stay abreast of changes in the ESG data...