BearingPoint Regtech Is Now Doing Business Under the New Company Name, Regnology.

BearingPoint Regtech is now doing business under the name Regnology.

As noted in a release, the name stands for the firm’s Core business: Regulatory Technology.

The change of name is “a logical step after BearingPoint Group sold the RegTech business to the private equity firm Nordic Capital end of 2020,” the announcement explained. Since then, the firm is operationally independent, and in June 2021, BearingPoint RegTech reached a key milestone by teaming up with Vizor Software, a leader in RegTech and SupTech with offices in Dublin.

The combined firm has a history spanning over 20 years and is a major global provider of the latest regulatory, risk and supervisory technology (RegTech/RiskTech/SupTech) solutions, AEOI and tax reporting, and regulatory reporting services “along the regulatory value chain.”

Jürgen Lux, CEO at Regnology, stated:

“Today marks an important milestone for our company. We are completing the separation from the BearingPoint Group and laying the foundation for a new chapter in our joint success story with Vizor Software. The new name Regnology represents both the past and the future. I am very excited to be working with Vizor as Regnology towards our shared objective: Providing a global platform connecting regulators and the industry to create a strong, stable, transparent, and sustainable financial world.”

Conor Crowley, CEO Vizor and Head of SupTech at Regnology, remarked:

“We are proud of the new brand and very much look forward to transforming the industry with innovative RegTech, SupTech and tax reporting solutions as Regnology. Together, we will drive our strategy for continued, sustainable growth.”

Regnology is focused on creating innovative solutions to connect regulators and financial institutions. The firm has managed to grow its client base and evolved its solution portfolio to address the changing requirements of regulators, tax authorities and financial institutions.

As mentioned in the release, Regnology is a global provider of regulatory, risk, and supervisory technology solutions, of AEOI and tax reporting products, and of services along the Regulatory Value Chain for financial services.

Regnology has been a partner for banks and regulators for more than 2 decades.

Until the end of last year, the firm had been a part of BearingPoint group and operated under the name BearingPoint RegTech. Since the sale of the RegTech business to private equity firm Nordic Capital, the firm has been independent.

In June 2021, the firm joined forces with Vizor Software and recently changed its name to Regnology. Regnology serves over 7,000 financial services companies with reporting solutions. The firm enables over 50 regulators and tax authorities on five continents to “collect data from 34,000 firms in 60 countries.” Regnology has “a total workforce of over 770 employees at 17 office locations in 12 countries,” the announcement revealed.

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