Compliance Consultant selects Clausematch to improve compliance strategy

By Gloria Methri

Clausematch has signed an agreement with Compliance Consultant aimed at strengthening current compliance strategies and best practices with advanced policy management and compliance automation solutions.

Compliance Consultant provides regulatory compliance guidance primarily for financial services companies, but with a foot in the telecommunications industry. Most businesses in these sectors frequently purchase SaaS products that are expensive, challenging to use, or lack the essential competencies to select such software.

Compliance Consultant offers non-exclusive and suitable recommendations to the clients about the use of technology within Compliance. Even more so, the company often engages with high-growth companies that expand geographically, operating in different jurisdictions.

Lee Werrell, founder, and owner of the Compliance Consultant said, “Clausematch’s platform capabilities such as the real-time collaborative editor, and the compliance audit trail allow you to precisely evidence every beat of compliance in front of the regulators.  We see that more and more sensible companies are looking towards technology to assist them in doing their job because the compliance burden is increasing. Making compliance work for the businesses, by saving them fines and regulatory supervision and helping them sleep at night is our goal.”

Claudia Coutinho-De Somma, EMEA Account Executive at Clausematch said, “We are delighted to be collaborating with Compliance Consultant. We understand that at Clausematch we can provide the right tooling to alleviate the pain generally related to document management within a regulated firm, so we’re glad to have the staff at Compliance Consultant see and support the value we can offer, and make the right recommendations to their clients.”

The need for high-quality software for policy management and regulatory compliance is growing. With the FCA Consumer Duty on the horizon, MiCA coming into force in July 2023 and other crypto regulations looming, keeping up with regulatory obligations is becoming more and more challenging.