Global RegTech Consolidator Corlytics Acquires a Deloitte UK RegTech Platform
2024年5月7日 - 6:13PM
ビジネスワイヤ(英語)
Corlytics, the global leader in regulatory intelligence and
policy compliance technology, has acquired a digital RegTech
platform from Deloitte UK. The marriage of the two platforms is
transformational, completing the cycle of regulatory assessment and
implementation. The announcement closely follows Verdane’s majority
stake investment last month to cement Corlytics’ global category
leadership.
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John Byrne (Corlytics CEO), Kent
Mackenzie (Corlytics COO) (Photo: Business Wire)
Plugged directly into international regulators, Corlytics is the
only solution that enables clients to align with, and stay ahead
of, regulatory demands, which increasingly require growing levels
of proof of compliance.
Syncing up regulatory monitoring and policy management with
controls, the addition of this Deloitte UK RegTech platform
supports accurate implementation of regulatory change across the
lifecycle. This platform and its unique capabilities add
considerable breadth and domain expertise to further Corlytics’
capabilities from interpreting regulatory change, to mapping
policies and now to controls – empowering users to find, interpret,
understand and accurately implement regulatory change.
Corlytics CEO John Byrne said: “This is a transformational
acquisition for clients. The RegTech market is growing and evolving
fast, and Corlytics is positioned at the forefront. We continue to
seek opportunities for sustainable expansion and consolidation, and
are thrilled to incorporate this Deloitte UK platform and
associated team. Deloitte UK has been using our intelligent data
for five years now, and I’m thrilled to take this relationship to
the next level. Our ambition goes beyond intelligent data
solutioning – we aim to establish a new horizon and set a new
standard for how compliance is managed.”
Deloitte UK Partner and Head of RegTech Kent Mackenzie will join
Corlytics as Chief Operating Officer.
He added: “The Corlytics business and this Deloitte UK RegTech
platform are hugely complimentary, and as a combination can offer a
truly unique, end-to-end platform in the market. This is a
gamechanger for our clients and the industry. Together, we can
completely address the critical challenges clients are desperate to
solve, and elevate the value and intelligence placed on regulatory
content and management.”
Proven Acquisition and Integration
2023 saw Corlytics make two significant acquisitions – ING SparQ
and Clausematch – creating an unparalleled platform that manages
the entire regulatory risk value chain on a global scale, elevating
its extensive offer for Tier 1 organisations including ING, BNY
Mellon, ScotiaBank and SwissRe.
Corlytics continues to invest heavily in innovation, with
investments in R&D to date exceeding €65 million.
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