A strategic merger signaling significant advancements in regulatory technology.
Highlights:
- FundApps and SteelEye announce a significant merger.
- This merger aims to improve regulatory compliance solutions.
- Enhanced offerings expected in the financial services sector.
- The move signals growth in the UK RegTech space.
In a notable development for the UK RegTech industry, FundApps and SteelEye have merged to create a robust new entity focused on delivering enhanced regulatory compliance solutions. This strategic move aims to leverage both companies’ strengths, offering clients superior tools for navigating complex financial regulations. The merger underscores the growing importance of technology in regulatory compliance and positions the combined entity as a leader in the market. With heightened focus on compliance, this transformation is set to shape the future of financial technology in the UK.