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

MCO Acquires Governor Software, Adds Founder Pike to Payroll

Subscribe to our newsletter

MyComplianceOffice (MCO) has acquired Governor Software, adding the company’s visual mapping of global regulations to its lineup of regulatory data collection and work flow capabilities. Terms of the transaction weren’t disclosed, but it’s understood that Governor was for sale for some time after a planned funding round never materialised due to the global Covid pandemic.

The acquisition follows the spring 2020 forging of a strategic partnership between the two companies, aimed at allowing financial firms to map, track, execute and report on their compliance obligations. The purchase builds on this capability, while bringing Governor Software founder Richard Pike into the MCO fold.

MCO provides compliance management software that addresses conduct risk by allowing compliance professionals to demonstrate they are proactively managing the regulated transactions for the firm as well as the activities of employees, third parties, and other external entities that the client engages with in their business activities. Governor Software allows risk and compliance executives to visualise their regulatory obligations and risk appetite. The company uses visualization technology to tackle the issues associated with governance and oversight in their entirety.

MCO CEO Brian Fahey says he is “excited about the expansion of MCO’s technical and compliance governance capabilities as well as the addition of GRC expert, Richard Pike, to the MCO team. Today, MyComplianceOffice ensures that compliance can continuously execute and monitor their policies and procedures. With the acquisition of Governor Software, MCO can help firms significantly enhance their compliance governance practices. The goal is to increase governance in a compliance program to significantly improve the assurance of compliance across an organisation in an affordable and efficient manner.”

Pike is currently Chairman of Citadel Securities (Ireland) Ltd, an Independent Non-Executive Director and Chair of the Board Risk Committee at Starling International, Independent Non-Executive Director at FBD Insurance plc, Independent Non-Executive Director at Citadel Securities (Europe) Ltd. Richard has previously worked in various senior banking, insurance, credit, and market risk roles.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Managing Off-Channel Communications Compliance

8 May 2025 11:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes Managing off-channel communications – business interactions occurring outside of approved corporate systems – continues to challenge firms’ compliance efforts. The rise of personal messaging apps, social media, and other unmonitored channels – for example, messaging functionality embedded in an order management...

BLOG

Transforming Compliance: Key Takeaways from the RegTech Summit Panel on GenAI and LLMs

A deep dive on Generative AI (GenAI) in compliance was the focus of the first panel session at the recent A-Team Group RegTech Summit in New York. The panel comprised Erin Preston, Chief Compliance Officer, Wedbush Securities; Harsh Pandya, Vice President, Product Management, Saifr; Brandon Carl, EVP, Product Strategy, Smarsh; and Rachna Srivastava, Head of...

EVENT

TradingTech Summit MENA

The inaugural TradingTech Summit MENA takes place in November 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 in the region.

GUIDE

Regulatory Data Handbook 2024 – Twelfth Edition

Welcome to the twelfth edition of A-Team Group’s Regulatory Data Handbook, a unique and useful guide to capital markets regulation, regulatory change and the data and data management requirements of compliance. The handbook covers regulation in Europe, the UK, US and Asia-Pacific. This edition of the handbook includes a detailed review of acts, plans and...