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


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...


Sell-Side Firms Help Buy-Side Clients Meet Reporting Obligations with DTCC Report Hub

The Depository Trust & Clearing Corporation (DTCC) has released Report Hub, an assisted reporting model designed to allow sell-side firms to help buy-side clients with regulatory reporting mandates across 14 jurisdictions. Sell-side firms including prime brokers and clearing brokers can use Report Hub to provide required counterparty trade data to buy-side clients that also use...


ESG Data & Tech Summit London

The ESG Data & Tech Summit will explore challenges around assembling and evaluating ESG data for reporting and the impact of regulatory measures and industry collaboration on transparency and standardisation efforts. Expert speakers will address how the evolving market infrastructure is developing and the role of new technologies and alternative data in improving insight and filling data gaps.


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...