CUBE has partnered with Sionic to help accelerate regulatory compliance.

The RegTech company aims to combine its AI-powered regulatory data inventory with the consulting firm’s expertise in global financial compliance.

CUBE said that the partnership will give clients access to up-to-date regulatory obligations relevant to their business and remove the inefficiency of false-positives that are categorised and mapped to the associated operational controls.

“Partnering with Sionic represents a key step on CUBE’s journey to transform regulatory data into regulatory intelligence,” said Ben Richmond, founder and chief executive, CUBE. “Our inventory is built on ten years’ experience and expertise working with regulatory data.

“Coupling that with Sionic’s deep domain expertise is a compelling combination for financial firms across the globe who are looking to transform their regulatory compliance.”

Robert Cranmer, managing partner and head of Sionic Canada said: “Our clients rely on us to provide insights and solutions that are relevant and timely. Partnering with CUBE enables us to combine the best of RegTech and AI with our experience of what clients need to do to be compliant with regulations and crucially, how they need to do it. We are delighted that this innovative partnership originated from our Toronto-based team."

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