Clausematch announces its first partnership in the Middle East

By Leandra Monteiro

Clausematch, 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).