Clausematch, a company that provides compliance mapping, has been acquired by RegTech Corlytics, marking the company’s second acquisition of the year. Clausematch’s acquisition comes after SparQ, a regulatory monitoring tool spun out from ING, was bought out in a USD 5 million total deal finalized in January.
The expanded Corlytics Group now asserts that it is in charge of policing every step of the regulatory management value chain, from regulatory monitoring to policy management to attestation for top-tier international organizations.
With a full audit trail and real-time information, the company’s software platform enables businesses to collaborate, generate, manage, and analyze various compliance papers.
Read More: Corlytics acquires Clausematch