CUBE announced a partnership with LogicGate, a provider of transformative governance, risk and compliance solutions. With this partnership, customers will have a comprehensive regulatory compliance solution that will help mitigate risk and cut down on regulatory costs.
The partnership will also transform manual processes for customers by introducing automated global regulatory intelligence, allowing compliance departments and business managers to shift from reactive efforts and focus on proactive regulatory risk management. This solution allows for faster implementations, greater efficiency, and real-time updates and alerts, making manual data gathering and mapping exercises a thing of the past.
Ben Richmond, Founder and CEO of CUBE, said: “We are pleased to partner with LogicGate, combining CUBE’s experience in international regulatory intelligence with LogicGate’s expertise in bespoke risk management. It will allow us to further our aim of allowing more customers to mitigate their regulatory compliance risk.”
LogicGate’s partnership with CUBE enables customers to expand to new international markets, allowing risk and compliance departments to develop a holistic and proactive regulatory compliance program that encompasses global laws and regulations. Since CUBE’s automated regulatory intelligence platform covers over 3,000 regulators globally, its integration within Risk Cloud will significantly enhance the platform’s existing solution.
“Regulatory changes are fast-moving, dynamic and complex to understand,” said Jon Siegler, Chief Product Officer at LogicGate. “Because of our partnership with CUBE, we’re enabling our customers to transform a commonly cited pain point into a competitive differentiator. Ultimately, allowing customers to develop more holistic, compliant processes and save time and resources.”
Recently, IBS Intelligence reported that CUBE, a global RegTech company working to simplify compliance for financial institutions, has launched the Automated Regulatory Intelligence (ARI) platform through its third generation RegPlatform. This latest release provides large, global financial institutions with unprecedented regulatory intelligence capabilities, along with the world’s most comprehensive and robust source of regulatory data.