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

FundApps Gets ‘Significant’ Growth Funding from Scottish Equity Investment

Subscribe to our newsletter

London-based FundApps has secured a ‘significant’ investment from Scottish Equity Partners (SEP) to fund future growth. The company will use the funds for development of its core Shareholding Disclosure, Sensitive Industries and Position Limits product suite, as well as expansion of its client base of 100 or so buy-side and sell-side firms.

“Having bootstrapped our way since 2010, FundApps has experienced exceptional growth in recent years,” says Andrew Patrick White, founder and CEO of FundApps. “But we have only just scratched the surface of the regulatory challenge. It is clear that in SEP, we have found a long-term partner who not only understands the scale of the problem faced by the global investment industry, but one who is excited to work with us to introduce transformative services to an industry crying out for further innovation.”

Launched as a Compliance-as-a-Service (CaaS) business, FundApps helps investment managers and other financial institutions deal with the regulatory burden by combining cloud technology, regulatory expertise, market data and the unique FundApps Community. SEP, a tech-oriented private equity firm, was attracted to the firm in part by its ability to help asset managers and banks automate their increasingly complex regulatory reporting obligations, according to Angus Conroy, director at SEP.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Cross-Regulation Data Consistency and Accuracy

Regulatory reporting obligations continue to expand, bringing with them more overlaps of data elements across reporting regimes. As many firms struggle with the accuracy and completeness of individual reporting obligations, regulators have increasingly begun to focus on cross-regulation data consistency in their data validations and examination processes. This webinar will identify cases of data overlap...

BLOG

Know Your Customer and HAWK AI Partner to Strengthen Defence Against Financial Crime

Know Your Customer, a provider of modular digital client onboarding solutions, and Hawk AI, a provider of anti-money laundering surveillance technology for financial institutions, payment firms and fintechs, have made a strategic partnership that will build a stronger defence against financial crime. The partnership combines Know Your Customer’s digital onboarding and business KYC solutions with...

EVENT

FinCrime Tech Briefing, New York

RegTech Insight (from A-Team Group) is proud to announce the launch of its FinCrime Tech Briefing taking place in both London and New York this summer and focusing on RegTech for AML and Financial Crime Compliance.

GUIDE

Regulatory Data Handbook 2022/2023 – Tenth Edition

Welcome to the tenth edition of A-Team Group’s Regulatory Data Handbook, a publication that has tracked new regulations, amendments, implementation and data management requirements as regulatory change has impacted global capital markets participants over the past 10 years. This edition of the handbook includes new regulations and highlights some of the major regulatory interventions challenging...