Automated regulatory intelligence innovator CUBE has acquired Berlin-based Kodex AI, a technology start-up recognised for applying agentic AI to compliance and risk management in financial services. The move strengthens CUBE’s position in automated regulatory intelligence (ARI) and regulatory change management (RCM), while advancing its goal of building the “third pillar” of its AI platform.
Kodex AI’s agentic architecture introduces “co-worker” functionality, enabling AI to act as a digital colleague within compliance workflows. Its technology blends fine-tuned AI models with regulatory data and knowledge graphs, designed to enhance automation and accuracy in monitoring evolving rules. The integration will extend the capabilities of CUBE’s RegPlatform, providing customers with deeper, AI-driven insight and control over regulatory change.
The acquisition also brings new technical talent to CUBE, with Kodex AI’s Berlin-based team joining the business. Having developed a large-language model for financial document analysis through Deutsche Bank’s Entrepreneur-in-Residence Programme, Kodex can demonstrate the precision and domain expertise behind its technology.
CUBE founder and CEO Ben Richmond said: “Thomas and Claus have built an exceptional and disruptive European technology business, pioneering the use of agentic AI through an agent-based architecture to solve regulatory complexities. Kodex AI is a natural next step in CUBE’s strategy, allowing us to instantly deliver enhanced, AI-based compliance and risk capabilities to our global customers.”
Kodex AI co-founder Thomas Kaiser described the integration as a rare opportunity to reshape the industry: “Combining Kodex AI’s technology leadership with CUBE’s market-leading regulatory and risk data is a once-in-a-lifetime opportunity to redefine the compliance and risk space. This is the perfect use case for advanced AI, and together we’ll push the boundaries of what’s possible.”
CUBE serves around 1,000 customers globally and employs more than 800 people across 20 countries. Backed by private-equity firm Hg since March 2024, the company has pursued a strategy of expanding its unified RegPlatform™ through targeted acquisitions, including Thomson Reuters Global Regulatory Intelligence, Oden, Reg-Room and Acin.
Hg director Thomas Martin said: “This acquisition once again highlights CUBE’s ambition and drive to change the status quo for the RegTech industry. Since inception, Ben has been driving the business to embrace the latest technology and the addition of Kodex AI will significantly boost the team’s agentic AI capabilities.”
Subscribe to our newsletter
