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

LPA Group Acquires RegTech Acarda

Subscribe to our newsletter

Capital markets technology specialist the LPA Group has acquired the Acarda Group, a provider of RegTech solutions for asset managers, fund administrators, insurance companies and banks focusing on the automation of regulatory reporting and automated data management. The accretive, add-on acquisition was preceded by a successful collaboration and test phase starting in April 2020.

Acarda’s proprietary cloud-based SaaS (Software-as-a-Service) platform, arep, automates the entire reporting process for European reports and data templates such as AIFMD, Solvency II, PRIIPS/MiFID II and CRR, as well as country-specific reports, for example for BaFin, CSSF, FCA and BVI.

With a view to the future, the two firms plan to work closely on joint products and to develop further ancillary segments. The two managing directors of Acarda, Gerhard Jovy and Ali Karaca, will remain on board after the takeover.

“There is enormous potential for process automation not only in the capital market sector but also in the entire financial industry, both for users and for providers,” says Stefan Lucht, co-founder and managing partner at LPA. “With the acquisition of Acarda, we are proud to now be a highly competent solution provider for asset managers and insurers.”

 

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

Fenergo Perpetual KYC Service Offers Operational Efficiencies, Reduced Costs and Risk

Fenergo has joined early providers of perpetual KYC services with Smart Review, a solution designed to enable financial institutions to streamline periodic KYC review processes and reduce costs through automation. Smart Review automates the continuous monitoring of client profiles for KYC compliance by identifying all changes to relevant entity data, transactions and anti-money laundering (AML)...

EVENT

RegTech Summit New York

Now in its 6th 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

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...