LONDON, 08 May 2025
CUBE, a global leader in Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM), has officially opened its new global headquarters located at the iconic City of London building, Tower 42, and confirmed the impressive growth trajectory of the company over the last year - doubling of revenue, employees and the number of countries CUBE now operates in.
The new cutting-edge AI Centre of Excellence, RegBrain AI Lab, signals the multi-million pound investment CUBE is making to advance the role of innovation and AI in regulatory intelligence, compliance and risk across the financial services sector and adjacent regulated industries. Alongside the unveiling of its new headquarters, CUBE has made a commitment to create 200 jobs over the next 12 months, half of which are expected to be based in the UK.
The opening of CUBE’s new headquarters follows a transformative year of strong growth, supported by its strategic partnership with Hg, a leading investor in European and Transatlantic software and services businesses. CUBE has increased its revenue by over 200% in the last year and now serves 1,000 customers globally, and has significantly grown its global team footprint – which now stands at 700 employees across 20 countries. In the year CUBE also completed two landmark US-based acquisitions acquiring three regulatory intelligence businesses.
Commenting at the launch of CUBE’s new global headquarters, CUBE’s Founder & CEO Ben Richmond, said: “We chose an iconic City of London location for our new global headquarters as we believe it’s the perfect place to continue CUBE’s growth. London is unquestionably a world-class tech hub and a global leader for AI and innovation. We’re proud to further build out our global operations and investment from the UK and aim to be a benchmark for building successful global tech businesses here. Our performance in the last year highlights the progress we have made so far.”
Since launching in 2011, CUBE has become a leading global regulatory technology company partnering with some of the largest financial institutions globally who leverage CUBE’s platform to streamline their complex regulatory intelligence and change management processes. In addition, CUBE recently launched RegPlatform™ Intel, its latest purpose-built solution to help financial services firms in the mid-market remain compliant in today’s ever-changing global regulatory landscape.
Richmond continued: “We’ve experienced considerable growth over the past year and we wanted a global HQ that reflects the ambition and scale of our expanding team. We want to reimagine the future of work and how we collaborate with customers, which is why we created a space that fosters partnership and drives continuous technological innovation. Our new AI Centre of Excellence – RegBrain AI Lab – will be at the forefront of AI innovation. We will continue to deliver smart, agile solutions for our customers in response to the rapid pace of global regulatory change.”
CUBE’s base of strategic and long-term customers will benefit from open access to the facilities in its new global headquarters, which not only includes the RegBrain AI Lab but also an innovative RegTheatre and RegCinema. These have been purposefully designed to drive collaboration with industry participants across the financial services sector to progress the role of innovation and AI in compliance and risk.
-ENDS-
For further information
CUBE: CUBE@wearebluejohn.com
About CUBE
CUBE provides a highly comprehensive and robust source of classified, and meaningful AI-driven regulatory data to power its Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM) solutions. CUBE’s purpose-built regulatory technology including its AI engine (RegBrain) and RegPlatform™ which tracks, analyses, and monitors laws, rules, and regulations in every country and in every published language to create an always up-to-date regulatory footprint that transforms visibility and compliance capability for customers across the globe.
With operations across Europe, North America, Canada, Asia, and Australia, CUBE serves a diverse and global base of customers and partners including the largest financial institutions in the world who leverage CUBE’s platform to streamline their complex regulatory intelligence and change management processes. Following the strategic partnership with Hg in March 2024, CUBE announced the two acquisitions of US-based Reg-Room and the Thomson Reuters Regulatory Intelligence and Oden products and businesses in May 2024. cube.global
New Zealand's financial institutions face a significant regulatory update coming into effect on 1 June 2025. While the change may seem straightforward, its implementation requires careful consideration and a strategic approach to compliance.
The new regulation states:
"A reporting entity must risk-rate a new customer when conducting customer due diligence. The reporting entity must keep a record of the customer's risk rating and review the customer's risk rating."
While many reporting entities already incorporate risk rating into their compliance processes, this regulation formalises the requirement across the board. All reporting entities are now required to document their risk rating methodology, implement consistent processes, and demonstrate compliance.
Read the full blog on their website for Practical Implementation Strategies.
May 6, 2025, London - Dublin – Corlytics, the global RegTech leader backed by Verdane, becomes the first RegTech firm to achieve the ISO/IEC 42001:2023 certification for its business-wide AI management system. This establishes Corlytics’ commitment to AI Governance. It joins ranks alongside a few leading technology companies.
Where many third-party providers and suppliers are quick to integrate AI software, too few place the right level of focus on security. Last week JP Morgan’s Chief Information Security Officer warned third party software suppliers that “SaaS is creating a substantial vulnerability that is weakening the global economic system” and demanded they “prioritise security over rushing features”. The ISO 42001 certification answers this challenge by building the trust and security today’s stakeholders need as it mandates bias mitigation, risk, and resilience controls across the entire AI lifecycle. It also maps to both the EU AI Act and the UK Government’s National AI Strategy.
The process involved an independent two stage audit by leading cybersecurity compliance firm A-LIGN which found zero non-conformities. The certification represents a globally recognised commitment to the safe and ethical development of AI systems that embed quality, security, traceability into AI applications. While other businesses have focused AI strategies largely on their technology development, for Corlytics this is an end-to-end strategy that extends to six major competencies of the business, making it a truly ethical AI-powered firm.
"We have been using AI from our inception and have always been led by a strategy of AI-by-design” commented John Byrne, CEO and Founder of Corlytics. “That means our clients will continue to benefit from our rigorous and disciplined approach to AI, without compromising on security, transparency or traceability. It’s also why we are a trusted partner for 40% of the world’s 30 largest banks, and how we’ve built solutions that have the breadth to tackle 30 million pages of regulation a year for our clients.”
Corlytics’ ISO 42001 certification follows a year from Verdane taking a majority stake in the business, during which the RegTech firm has expanded its governance enterprise-wide. Every product, acquisition, and process sits within its AI Management System framework, meaning the certification takes into account all parts of the business. The move also precedes product and service updates expected by the end of the year.
“This milestone reflects the years of investment Corlytics has made in building expert, ethical, intelligent AI,” added Oisín Boydell, Chief Data Officer at Corlytics. “From the outset, our goal has been to embed AI safely and responsibly across our solutions ensuring our clients benefit from technology that is not only precise and efficient but deeply accountable.”
The certification was achieved in collaboration with Waystone Compliance Solutions, a governance and risk advisory provider. “Congratulations to the Corlytics team on this landmark achievement,” said Conor Flynn, Managing Director, Compliance Solutions at Waystone. “ISO 42001 will quickly become a gold standard for organisations adopting AI, and Corlytics has demonstrated both the strategic foresight and operational discipline to lead from the front.”
–ENDS–
ABOUT CORLYTICS
Corlytics is the regulatory technology partner of choice for Tier 1 banks, insurers and financial services providers worldwide. Its precision FIUI (Find, Interpret, Understand, Implement) regulatory technology is reshaping compliance by embedding intelligence directly into regulatory content. With over €50 million invested in R&D, Corlytics leads with a vision to transform how organisations manage regulatory risk through the power of AI.
More information about the ISO 42001 certification is available at www.corlytics.com.
ABOUT A-LIGN
A-LIGN is the leading provider of high-quality, efficient cybersecurity compliance programs. Combining experienced auditors and audit management technology, A-LIGN provides the widest breadth and depth of services including SOC 2, ISO 27001, HITRUST, FedRAMP, and PCI. A-LIGN is the number one issuer of SOC 2 and a leading HITRUST and FedRAMP assessor. To learn more, visit a-lign.com.
ABOUT WAYSTONE
Don't miss Jade ThirdEye's new series: The FinCrime Connection, where they unpack the most significant stories in financial crime.
This month, The FinCrime Connection highlights three key developments that financial crime professionals should have on their radar:
New NZ Legislation: Customer risk assessments are now mandatory, and this is no longer just an onboarding task.
Cyber Attacks on Superannuation Companies: 9,000 customers compromised—how financial crime teams can respond.
Improved SARs in the UK: Better reporting is leading to stronger law enforcement action.
Watch here: https://www.youtube.com/watch?v=pV-MxRztqh0 Read the blog: https://www.jadethirdeye.com/resources/blog/the-fincrime-connection-april-2025
London, UK – 28th April 2025
TCC Group, headed by The Consulting Consortium Holdings company – a leading provider of intelligent compliance and RegTech solutions for financial services and the government – announces the acquisition of the assets and business of Momenta Group trading in the UK and Australia (Momenta). Momenta is an elite supplier of strategic client services and resourcing solutions for regulated industries.
TCC Group's strategic acquisition marks a significant milestone in the organisation's growth journey, enabling it to broaden its operations and international reach, providing an even more comprehensive suite of compliance solutions and enhancing its innovative technology portfolio for clients across regulated industries.
With many decades of combined experience navigating complex regulatory environments, both TCC Group and Momenta have built reputations as trusted partners to financial services, utilities and government organisations.
This acquisition unites TCC Group's deep expertise in compliance, regulatory problem-solving and smart AI technologies with Momenta's dynamic resourcing and implementation capabilities – enabling clients to benefit from enhanced flexibility, innovation and strategic value.
"Momenta's acquisition enhances TCC Group's ability to serve highly regulated industries with comprehensive, end-to-end services that ensure seamless client delivery, elevate customer outcomes, and drive commercial excellence," Joanne Smith, Founder and Executive Chair of TCC Group, comments on the recent acquisition.
Joanne continues: "Together, we're committed to offering our clients proven, strategic solutions and innovation in environments where compliance, governance, and operational quality are non-negotiable."
TCC Group's ability to deliver enhanced strategic resourcing solutions to clients and partners is accelerated by this acquisition, substantially expanding the organisation's interim resourcing capacity to execute complex projects with increased speed, precision, and scalability.
"We're proud of our strong reputation as a trusted strategic resourcing partner, now further reinforced by a combined network of over 30,000 highly-skilled, credible associates," said Joe Norburn, CEO of TCC Group. "Our ultimate aim is to keep empowering clients and partners by providing precisely matched interim resource and compliance solutions that deliver operational success."
TCC Group and its technology business Recordsure now extends unparalleled value to Momenta's clients – with instant access to TCC's comprehensive regulatory expertise and Recordsure's cutting-edge AI-powered RegTech.
Momenta's UK Chief Delivery Officer, Kim McKeown, remarked on the acquisition: "Becoming part of TCC Group is an exciting opportunity to scale our regulatory compliance services and technological capabilities. It enables us to introduce wider-reaching strategic solutions and superior specialist resource to our clients."
"Joining TCC Group unlocks a powerful new technology stack specifically designed for the highly regulated sectors," said Simon Rippon, Momenta's Australia Operations Director, echoing Kim's enthusiasm. "The smart combination of our client services expertise and AI-driven compliance tools means we're now better equipped than ever to meet the demands of the regulators."
The acquisition of Momenta signals TCC Group's continued investment in cutting-edge solutions to elevate the quality of outcomes for clients and reinforces its position as a leader in compliance.
---Ends---
About TCC GroupTCC Group is a leading provider of end-to-end compliance services with over two decades of experience in solving regulatory and operation challenges for financial services and government clients. Backed by the unique combination of TCC regulatory expertise and Recordsure's smart tech, TCC Group's intelligent compliance solutions offer unprecedented value and deliver superior outcomes that satisfy clients and regulators.
https://tcc.group & https://recordsure.com
About Momenta Group Momenta Group addresses the specific needs of clients in regulated industries with flexible, tailored solutions – assisting business transformation initiatives, enhancing customer satisfaction, ensuring regulatory compliance, and optimising commercial performance for tangible outcomes. Momenta has built its reputation for over two decades, forming unique operational partnerships with financial services, utilities, professional services and public sector organisations.
https://momentagroup.com/
For media inquiries, please contact:Hana ShackletonHead of MarketingTCC Group hana.shackleton@tcc.group
Recently, Jade ThirdEye hosted an exclusive roundtable for financial crime specialists in the banking sector at Rockpool Bar & Grill in Sydney. The event brought together diverse professionals from across the industry to engage in open discussion about transaction monitoring challenges and best practices.
They were privileged to have Crispin Yuen as their special guest and discussion leader. Crispin is a distinguished Financial Crime Risk & Compliance Specialist with over 20 years of experience in regulatory compliance, risk controls, governance and assurance. He combines deep expertise with pragmatic approaches to help organisations navigate the complex and rapidly evolving financial crime risk landscape.
Crispin's exceptional background includes hands-on experience resolving deficiencies raised in both OFAC and AUSTRAC enforcements—making him one of the few professionals in Australia with this specific expertise. Throughout his career spanning both financial institutions and professional services firms, he has developed strong working relationships with regulators and law enforcement agencies in the fight against financial crime.
The roundtable discussion focused on transaction monitoring in the banking sector, structured around three fundamental questions:
Through this framework, attendees explored both the regulatory requirements and practical implementation challenges that financial institutions face in their AML compliance efforts.
To read the full blog visit: https://www.jadethirdeye.com/resources/blog/building-effective-transaction-monitoring-systems
CUBE’s new product combines the best of CUBE into a simple solution for a growing market
LONDON, 08 April 2025
CUBE, a global leader in Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM), has announced the launch of RegPlatform™ Intel, its latest purpose-built product to help financial services firms in the mid-market sector remain compliant in today’s ever-changing global regulatory landscape. CUBE now has an 800-strong customer community in the mid-market sector and has developed this solution to bring a powerful mix of regulatory technology, content and intelligence to compliance and risk teams across the globe.
CUBE’s next generation solution combines its innovative, market-proven AI-based technology with unmatched regulatory summaries and insightful analysis curated by CUBE’s team of over 250 highly qualified regulatory subject matter experts, legal and compliance professionals. Built on the very latest technology and AI, CUBE’s RegPlatform™ Intel offers the highest levels of reliability and performance which have become synonymous with CUBE’s industry proven enterprise capability.
Commenting on the launch of CUBE’s RegPlatform™ Intel, CUBE’s Founder & CEO Ben Richmond, said: “RegPlatform™ Intel is a simple, secure and highly effective solution for the thousands of businesses that operate in the mid-market sector. With the significant investment we have made and our proven track record in regulatory intelligence we believe this will be transformative for mid-market compliance and risk professionals across financial services. It’s been purpose built for them and will be the most modern and intuitive solution on the market.”
RegPlatform™ Intel has been created for CUBE’s global base of financial services firms, across the mid-market sector, including regional and community banks, wealth managers and asset managers. It is a highly effective solution which enables customers to quickly realise value, often in minutes, demonstrating how user-friendly the solution is for compliance and risk professionals in need of a fast and reliable way to address their regulatory needs.
Discussing the mid-market opportunity, Richmond added: “We’re often recognised for our work with customers in the enterprise sector; where we provide end-to-end regulatory intelligence and change management for some of the world’s largest financial institutions, but we also see a significant demand for our capability with customers in the mid-market sector.”
The solution is the latest in the RegPlatform™ family, building on the success of RegPlatform™ Enterprise. It brings together the powerful combination of CUBE’s enhanced capabilities following the acquisition of two US-based regulatory businesses in 2024 (Reg-Room and the Thomson Reuters Regulatory Intelligence and Oden products and businesses).
There are additional solutions expected to join the RegPlatform™ family during 2025.
For further informationCUBE: CUBE@wearebluejohn.com
About RegPlatform™ Intel
RegPlatform™ Intel is CUBE’s AI-powered regulatory intelligence solution for mid-market firms. Purpose-built, the next generation solution helps compliance and risk teams cut through the regulatory noise with daily regulatory news, updates and analysis, customisable alerts, expert interpretation, and the broadest possible access to industry regulatory content.
The solution provides a bird’s eye view of a firm’s regulatory compliance landscape. Based on a personalised profile, it manages the flow of regulatory information to enable the user to create unique dashboards and features that create their own bespoke compliance companion.
RegPlatform™ Intel has unrivalled knowledge of regulatory changes gathering real-time intelligence from a team of subject matter experts with years of experience located across the world. It provides the latest updates in the platform or direct to the inbox or mobile with the highest levels of support.
To attend a tech talk webinar on 23 April 2025, register your interest here (for 11:00 EST / 16:00 BST) or here (for 19:00 EST / 09:00 BST).
Sydney, Australia – 31 March 2025 – The RegTech Association (RTA) is pleased to announce the appointment of Simon Callaghan as its new Chief Executive Officer, effective Monday 7 April 2025.
Simon has 20 years' professional experience across emerging technologies, across tech services firms, industry associations, academia, government, and as a founder. Simon has worked in RegTech, fintech and digital currencies since 2015 delivering enterprise-wide transformations to some of the world's largest banks and financial services firms, before working for Austrade at the Australian Consulate in New York.
Simon later led Asia for a global crypto unicorn, led the Cambridge Digital Assets Programme within the Judge Business School, before returning to Australia as Chief Executive Officer of Blockchain Australia.
Simon joins The RegTech Association most recently as a Senator's advisor. He holds Masters degrees from the University of Cambridge, Brown University, Carnegie Mellon University, and an MBA from AGSM. He has interned at the UN Headquarters in New York and the Cambridge Centre for Alternative Finance.Simon holds Masters degrees from the University of Cambridge, Brown University, and Carnegie Mellon University, as well as an MBA from AGSM. He has interned at the UN Headquarters in New York and the Cambridge Centre for Alternative Finance.
The RegTech Association would like to thank outgoing CEO Deborah Young for her leadership with the RTA, its members and the RegTech sector. Deborah helped to establish the RTA as an advisor in 2017 and was appointed as CEO in 2018. Deborah will be joining the RTA’s Advisory Committee.
Simon will be joining the RTA team at the #ACCELERATERegTechGlobal APAC event in Sydney on Tuesday 8 April, where members and stakeholders will have an opportunity to meet him.
The RegTech Association With a clear vision to be a global centre of excellence by facilitating the building of higher performing, ethical and compliant businesses through RegTech innovation and investment, The RegTech Association was founded in 2017 as a non-profit organisation that focuses on what is needed to support the growth of the sector and to accelerate RegTech adoption. We support our members to embrace and adopt best practice Environmental, Social and Governance principles.
The association brings together government, regulators, regulated entities, professional services and founder-led RegTech companies to ensure collaboration between all of the parties, promoting the RegTech industry as widely as possible, resulting in action in the uptake of RegTech proof of concepts and deployed RegTech solutions across the ecosystem.
The RegTech Association is pleased to announce the finalists for the 2025 APAC Region RegTech Awards, recognising excellence, innovation, and impact across the RegTech ecosystem.
This year’s awards celebrate achievements in three categories:
RegTech of the Year – APAC Region
RegTech Startup of the Year
RegTech Social Impact of the Year
The judging panel dedicated significant time to reviewing each submission, and the standard of entries was exceptionally high. Our sincere thanks to the judges for their thoughtful consideration and expertise. Their decisions were not easy, with so many strong contenders demonstrating the rapid growth and maturity of the sector across the region.
Arctic Intelligence
Auraya
CUBE
Data Zoo
Encompass Corporation
FNA
IDVerse
Ingenuous
Kinatico
LeapXpert
MyComplianceOffice
RegCentric
Skyjed
Assuredly
Bluline Technologies
FCC Analytics
Dodgy or Not?
nTrustus
WUNA
Congratulations to all of this year’s finalists. Your work continues to shape the future of RegTech, and we are proud to recognise your contributions.
Winners will be announced at #ACCELERATERegTechGlobal APAC on 8 April 2025, hosted at Deloitte in Sydney. This full-day event brings together leaders from across the ecosystem for a series of roundtables, showcases, and the RegTech Awards ceremony.
Tickets are limited and selling fast – register now to secure your spot.
—
For media enquiries or more information, please contact: members@regtechglobal.org
Ongoing monitoring is a term used often in the AML space, but it covers many different activities.
International standards set by the Financial Action Task Force (FATF) mandate that firms should “Conduct ongoing due diligence on the business relationship and scrutiny of transactions undertaken throughout the course of that relationship to ensure that the transactions being conducted are consistent with the institution’s knowledge of the customer, their business and risk profile, including, where necessary, the source of funds.”
Regional guidance for Australia, New Zealand and the United Kingdom specifies the ongoing monitoring of customer relationships, including transaction scrutiny and keeping customer due diligence (CDD) information updated.
Read the full blog here: https://www.jadethirdeye.com/resources/blog/customer-screening-what-does-good-look-like
© 2023 The RegTech Association
