CUBE partners with MetricStream to bolster compliance capabilities

By Joy Dumasia

CUBE announced a partnership with MetricStream, the global market leader in integrated risk management and governance, risk, and compliance (GRC) solutions. The partnership enables customers to utilise CUBE’s automated regulatory intelligence alongside the MetricStream Platform, allowing businesses to create rich analyses and derive deep insights for driving business decisions.

CUBE ensures that throughout the regulatory change management lifecycle, only relevant data will be presented to the users for further action, including impact analysis, compliance mitigation, or downstream policy/procedure updates.

MetricStream and CUBE have established a real-time API connection to ensure that all data is available directly to MetricStream and all associated client processes. Clients can utilise CUBE’s platform and content with MetricStream GRC products as an end-to-end regulatory intelligence solution, automating data gathering, triage and applicability. Integrating with MetricStream Regulatory and Corporate Compliance solutions, organisations can track regulatory changes and enact the required changes in their compliance program to meet the new compliance obligations.

CUBE’s unprecedented regulatory coverage for Financial Institutions across 180 countries supports clients to operate their regulatory change management program within a single, unified source. CUBE is driven by AI, Machine Learning, and RPA and monitors over 3000 issuing bodies, including regulators, government, associations, agencies.

Ben Richmond, Founder and CEO, CUBE, said: “We are delighted to partner with MetricStream. This partnership represents a significant opportunity to deliver extensive coverage of international regulation to MetricStream’s global customer base and leveraging CUBE’s 10 years of experience and expertise in transforming regulatory data into regulatory intelligence.”

John Johasky, Chief Sales Officer, MetricStream, said: “Partnering with CUBE allows us to further automate regulatory intelligence practices, eliminating costly data gathering and verification exercises for our customer. Customers need valuable risk management insights, and this collaboration represents a significant step forward in terms speed and access.”

IBS Intelligence reported that CUBE to be working with the financial super app Revolut. CUBE will provide Revolut with regulatory technology, focusing on horizon scanning and managing regulatory change at a global scale.