Financial technology provider Fidelity National Information Services (FIS) has acquired RegTech firm Droit, a specialist in computational law and automated regulatory decisioning used across global capital markets.
The deal brings Droit’s rule-based compliance platform into the FIS capital-markets technology stack, positioning the combined offering to deliver embedded regulatory controls across trading, post-trade processing and reporting workflows.
Andres Choussy, President & COO, FIS said “Our clients spend enormous time and money managing regulatory complexity and most of that work is still manual. This is a challenge we’ve aimed to address for a significant time, and with our recent acquisition of Droit, we are now positioned to achieve it.”
Droit is known for its Adept platform, which encodes regulatory obligations as machine-executable logic that can determine whether a trade, product or activity complies with jurisdiction-specific market rules in real time. The technology is used by banks, trading venues and market infrastructure providers to automate complex regulatory determinations across regimes such as derivatives reporting, product eligibility and cross-border market access.
For Droit, the combination represents an opportunity to scale its regulatory decisioning technology within a larger financial-technology platform serving thousands of financial institutions worldwide. FIS provides banking, payments and capital-markets technology to more than 20,000 clients globally.
Brock Arnason, Chief Executive Officer of Droit, said the integration with FIS would extend the reach of Droit’s approach to computational regulation.
“Our mission has always been to translate complex regulation into precise, executable logic,” Arnason said. “Joining FIS allows us to bring that capability to a broader set of market participants and embed regulatory intelligence directly within core financial workflows.”
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