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

Suade Commits $20 Million to Grow Regulatory Reporting Business in US and Canada

Subscribe to our newsletter

Suade, a RegTech firm offering Regulation-as-a-Service (RaaS) to automate reporting and compliance for financial institutions, has committed $20 million to bolster growth in US and Canadian financial markets. The company says the financial commitment is also aimed at helping firms address the complex reporting requirements of Basel 3.1.

Diana Paredes, CEO of Suade, explains: “The upcoming Basel 3.1 framework underscores the urgency for banks to adopt agile and precise reporting systems. Our investment in US and Canadian growth is not just about expansion, it’s a testament to our commitment to supporting the financial industry as it grapples with evolving regulatory requirements.”

Bill Coen, former secretary general of the Basel Committee on Banking Supervision (BCBS) and now an advisory board member at Suade and chair of the RegTech Council, adds: “The magnitude of regulatory changes is pressing banks to seek more efficient reporting methods. Suade’s expertise ensures financial institutions remain both compliant and competitive.”

Founded in 2014, Suade takes a data-driven approach to regulation, using an open-source data model as well as natural language processing, continuous integration and containerisation techniques to provide end-to-end automation of regulatory reporting.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Managing Off-Channel Communications Compliance

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 system – exposes firms to substantial regulatory risk. Enforcement actions by regulatory bodies, such...

BLOG

Why is Comms Surveillance Still a Problem? Key Insights from RegTech Summit 2024

More than $3 billion in fines and even higher legal costs have underscored the persistent challenges firms face in e-communications surveillance. Despite abundant evidence of the regulatory, financial, and reputational risks at stake, this problem continues to vex compliance teams worldwide. This provided the context for a group of senior practitioners and RegTech experts convened...

EVENT

AI in Capital Markets Summit New York

The AI in Capital Markets Summit will explore current and emerging trends in AI, the potential of Generative AI and LLMs and how AI can be applied for efficiencies and business value across a number of use cases, in the front and back office of financial institutions. The agenda will explore the risks and challenges of adopting AI and the foundational technologies and data management capabilities that underpin successful deployment.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...