MyComplianceOffice Announces Acquisition of Pythagoras Solutions
2024年8月8日 - 6:00PM
ビジネスワイヤ(英語)
MyComplianceOffice (MCO), a leading compliance management
software provider, is excited to announce the acquisition of
Pythagoras Ltd. The Swiss company is a proven provider of Know Your
Customer (KYC) and Anti-Money Laundering (AML) solutions with
headquarter in Zug and locations in other regions of Europe, South
Africa and Hong Kong. This acquisition strengthens MCO’s product
line and reinforces its market leadership in compliance
technology.
“We are excited to welcome Pythagoras Solutions to the MCO
family,” said Brian Fahey, CEO of MCO. “This acquisition aligns
perfectly with our mission to provide the most comprehensive and
effective compliance solutions to our clients. Pythagoras
Solutions’ technology and expertise will enhance our ability to
serve our clients’ needs and support their compliance
programs.”
This acquisition allows MCO increased global expansion,
leveraging Pythagoras Solutions’ established presence in key
markets. Clients of both companies can expect a smooth transition
and the continued high standards of service and innovation they are
accustomed to.
“Our team at Pythagoras is excited to join forces with
MyComplianceOffice,” said Fabian Finke, CEO of Pythagoras
Solutions. “Together, we will deliver even greater value to our
clients, combining our strengths to create unparalleled compliance
and risk management solutions.”
The acquisition is effective immediately. The companies have
begun a thorough review process leading to the integration of their
operations and product offerings. Until then, Pythagoras will
continue to operate independently. Both MCO and Pythagoras
Solutions are committed to ensuring uninterrupted service and
support to their clients during the integration process.
About MCO
MyComplianceOffice (MCO) is a leading provider of compliance
management software that helps organizations manage their
compliance obligations efficiently and effectively. MCO’s solutions
are used by firms around the world to automate compliance
processes, reduce risk, and ensure adherence to regulatory
requirements. mycomplianceoffice.com
About Pythagoras Solutions
Pythagoras Solutions is a Swiss provider of innovative risk
management and compliance solutions designed to help organizations
mitigate risks and comply with regulatory requirements. Known for
its advanced technology and exceptional service, Pythagoras
Solutions has supported customers across various industries
worldwide in achieving their compliance goals since 2005.
pythagoras-solutions.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240808241783/en/
Lisa Deschamp Global VP Marketing MyComplianceOffice
Lisa.deschamp@mycomplianceoffice.com