ComplySci, a provider of regulatory technology (Regtech) for financial and professional services firms, revealed on December 17 that it’s moving to a new business office located in London’s Tech City.
The company’s new office will be home to ComplySci’s growing London-based team, which is currently comprised of 13 full-time professionals.
“As we experience greater demand in the UK and EMEA markets, our London-based team will play an increasingly critical role in ComplySci’s continued global growth.”
ComplySci’s London-based EMEA team has the appropriate professional skills, experience and resources needed to take care of compliance matters and aims to provide a wide range of services.
The EMEA team is led by Kyri Yiannakis, managing director and head of EMEA at ComplySci. The group provides full client support, account management, sales engineering, implementation, commercial and senior leadership.
“Working in one of the world’s most heavily regulated financial sectors means that businesses need powerful, intuitive technology solutions to ensure they avoid the costs associated with compliance and code of ethics violations. We’re confident the ComplySci solution will enable our UK and EMEA clients to stay ahead of risk.”
The announcement of a new London business office has come following ComplySci’s expansion into a new 18,000 square foot headquarters based in New York (in October 2019).
ComplySci provides regulatory technology solutions that assist compliance workers in identifying, managing and reporting on employee conflicts of interests and various compliance risk activities, such as personal trading, political contributions, and other types of violations.
Established in 2003, ComplySci has been creating automated compliance management solutions and now has more than 1,100 customers.
ComplySci has been funded by Vista Equity Partners, an investment company that focuses on enterprise software, data and tech-enabled companies.