Clausematch CEO Evgeny Likhoded: "Besides the key benefits, RegTech unleashes a much-needed resource: human capacity…"
Evgeny Likhoded, Clausematch CEO & tells what it used to be like to negotiate contracts when he was an employee at Morgan Stanley, and before that Gazprom. And how he sought to build ClauseMatch with all that in mind.
With FinTech startups piling into the regulatory technology space at a frenetic speed, FN polled 25 industry experts for the firms most likely to rise above the competition.
The companies were selected by CB Insights' Intelligence Unit from a pool of nearly 4,000 applicants and nominees based on several criteria, including data submitted by the companies, business model and momentum in the market, and the company's Mosaic Score, CB Insights' proprietary algorithm that measures the overall health and growth potential of private companies.
CB Insights named ClauseMatch to the second annual Fintech 250 list, a prestigious group of emerging private companies working on groundbreaking financial technology.
Last week, we wrote about 12 disruptive health tech startups selected to join Plug and Play Cleveland Innovation Platform.
It is no news, that in the past, much of the regulation aimed at buy-side entities was less complex than the regulation aimed at the sell-side, and as a result, there wasn't an urgent need for asset managers to adopt RegTech.
Proponents of regulation technology say it can revolutionise compliance, and the UK is where much of the action is.
As regulators tighten their grip, and competition heightens among the buy side, fintech emerges as the saviour.
RegTech firm ClauseMatch has become the first company to join the UK's Investment Association's new fintech membership category.
City A.M. - Clausematch has closed Series A funding round, led by Europe's top
VC - Index Ventures. Find the details in the article by City A.M.
"Launching a startup in the very unsexy field of regulatory compliance was never going to be easy". Clausematch CEO and Co-founder Evgeny Likhoded told Forbes in an exclusive interview about the journey behind his company.
Finextra briefly reports about our plans to use the Series A investment, i.e. to boost the Clausematch mission, helping financial institutions keep pace with the "broken" regulatory system.
A top-tier bank generates from 2-5 million documents a year. Just imagine how many man-hours it takes to handle that volume of documentation. Changes in regulation mean massive changes in documentation. We a Clausematch are even more fortunate to see it from the inside.
By 2020 there will be 90,000,000 paragraphs of rules published by global regulators! The article by Anastasia Dokuchaeva, Head of partnerships, unveils the hidden, untapped, potential of structured documentation, which brings another spin to #regulatory compliance.