back Back

Clausematch announces its first partnership in the Middle East

By Leandra Monteiro

April 06, 2023

  • Abu Dhabi Global Market
  • Adgm
  • Clausematch
Share

ClausematchClausematch, a technology company developing solutions for regulatory compliance, announced it has signed an agreement with Várri Consultancy, an independent management consulting boutique specialising in strategy, risk and governance advisory. This is the first collaboration with a business in the Middle East for Clausematch.

“Organisations are struggling to make sense of all the uncertainty in the world, and executives find it difficult to stay updated on the constant stream of regulatory changes,” said Johnny Kollin, Founder and Managing Director of Várri Consultancy. “Companies’ policies and procedures meant to address those issues often lack an apparent linkage to the real risks and regulatory environment. As a result, they don’t get the necessary staff buy-in and end up on a shelf. Clausematch allows companies to manage the policy lifecycle, link internal policies with external regulations, and demonstrate compliance to their stakeholders, improving their compliance and risk management efficiency.”

All clients of Várri Consultancy need to adhere to various regulations. Many are rapidly expanding companies looking to gradually increase their organisational risk maturity, while others are looking to apply for financial services permissions. By combining advisory services with modern technology, consultants at Várri can more efficiently transfer and integrate their expertise within the organisations they advise. Furthermore, employing technology in these operations saves time during the implementation, resulting in fewer billable hours, which is important for small and medium corporate clients. It also saves time on the client’s side in the longer run. Therefore, this way of doing business contributes to the return on investment (ROI) of clients of Várri – an approach that aligns well with the productivity of the Clausematch platform.

Claudia Coutinho-De Somma, EMEA Account Exeсutive at Clausematch, said, “We’re delighted to collaborate with Várri Consultancy as they have significant knowledge and experience with regulated entities in the UAE. The approach Várri employs when providing clients with technology solutions is thorough, completely sincere, and objective, all of which are very valuable to us. It also fits Clausematch’s mission of providing highly regulated businesses with best-in-class efficient SaaS compliance solutions.”

Clausematch has a successful track record as a global RegTech leader. The company collaborates with regulators and recently introduced the digital regulatory knowledge graph in open source, resulting from its collaboration with the Abu Dhabi Global Market’s (ADGM) Financial Services Regulatory Authority (FSRA).

Previous Article

April 06, 2023

Finastra and Anapaya partner to enhance digital transaction security

Read More
Next Article

April 10, 2023

PayNearby opens over 1 lakh bank accounts at kirana stores in India

Read More








IBSi Daily News Analysis

South East Asia

February 28, 2024

Abu Dhabi Global Market

FinTech penetration in Southeast Asia will double by 2027, research reveals

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

KYND launches cyber risk management services for insurers

Read More

February 29, 2024

RegTech Napier AI lands £45m investment from Crestline

Read More

February 28, 2024

Owlin launches AI-based Due Diligence solution for banks

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023