Country for PR: United Kingdom
Contributor: PR Newswire Europe
Monday, March 02 2020 - 19:00
AsiaNet
FundApps Launches Sensitive Industries Service and Celebrates Legal Collaboration With aosphere
LONDON, March 2, 2020 /PRNewswire-AsiaNet/ --

Regulatory Technology (RegTech) provider FundApps [https://www.fundapps.co/] 
kicks off 2020 with the launch of its Sensitive Industries service, integrating 
content from legal information provider aosphere 
[https://www.aosphere.com/aos/about] with insight from clients and GICS 
mappings. 

FundApps' Sensitive Industries is the first managed service available to 
compliance teams in financial institutions to code sector specific rules. It 
offers a solution to the manual or outdated methods used to monitor 
ever-changing global regulation and additional disclosure thresholds in 
industries which have special significance. Each one of all major 50 
jurisdictions covered by the service considers different industries to be 
"sensitive" and has different regulations governing how closely private 
interests in those industries are monitored. FundApps automates the monitoring 
of pre-approval, post-notification, hard stop and issuer-specific limits in 
this area of regulation.

2020 also marks a significant milestone in regulatory rules coverage and is the 
8th anniversary of close collaboration with aosphere. Since 2012 FundApps has 
licensed the legal information within the Rulefinder Shareholding Disclosure 
service provided by aosphere. A wholly-owned affiliate of international legal 
practice Allen & Overy LLP, aosphere has been featured by the FT Innovative 
Lawyers Report [https://www.ft.com/innovative-lawyers] eight times.

Licensing detailed legal content from Rulefinder Shareholding Disclosure 
enables FundApps to offer rules sets in 95+ jurisdictions covering substantial 
shareholding, short selling, sensitive industries, takeovers, and issuer 
requests. This results in over 400 separate regulatory rule calculations which 
are part of FundApps' Shareholding Disclosure 
[https://www.fundapps.co/services/shareholding-disclosure].

"Through our licensing arrangement with FundApps we are able to contribute to 
an end-to-end solution for clients who are looking to automate their 
Shareholding Disclosure requirements," said Marc-Henri Chamay, CEO at aosphere.

Andrew White, CEO and founder of FundApps, stated: "As the best CaaS provider 
in the market, we have a mission to provide an environment where the 
relationship with industry partners and clients is one of transparency and 
collaboration to allow the industry as a whole to benefit from the wisdom 
gained." He continued: "Working together to forge new relationships with 
industry partners, as we have done with aosphere, is key as it allows us to 
offer an elaborate rules engine to our clients, allowing them to stay ahead of 
regulatory change."

Company information, imagery and contact details can be found here: 
http://bit.ly/PR-03-20

Contact: 
Arianne Rosmolen 
+44-(0)20-3286-6978 
arianne@fundapps.co

Source: FundApps