Country for PR: United States
Contributor: PR Newswire New York
Thursday, September 10 2020 - 17:00
AsiaNet
Compliance Solutions Strategies Acquires AMFINE
NEW YORK, Sept. 10, 2020 /PRNewswire-AsiaNet/ --

- Combination Creates First Fully End-To-End Compliance Reporting Platform

Compliance Solutions Strategies ("CSS"), a leading RegTech platform providing 
technology-driven solutions which enable financial services firms to meet 
mandatory regulatory compliance requirements, today announced the acquisition 
of AMFINE ("AMFINE"), a provider of SaaS-based regulatory reporting services to 
European asset managers, asset servicers and insurers. With offices in Paris 
and Luxembourg, AMFINE serves a top-tier client base and offers a modular and 
multilingual solution across multiple jurisdictions for the production and 
distribution of documents covering the full breadth of regulatory reporting and 
marketing disclosure obligations. 

Logo - https://mma.prnewswire.com/media/748098/CSS_Logo.jpg   

The combination with AMFINE reinforces CSS's position as a leading RegTech 
solutions provider to the investment management market with a comprehensive 
global offering across fund reporting, transaction reporting, investment 
monitoring and compliance management. Adding AMFINE's regulatory reporting 
solutions, including the production of UCITS KIIDs and PRIIPs KIDs, fund 
prospectuses and marketing factsheets, will enable CSS to deliver a complete 
end-to-end fund reporting solution that is unmatched in the market, leveraging 
integrated data management, regulatory reporting software and document 
production capabilities. The acquisition also provides CSS with increased scale 
and reach, adding to its roster of Tier 1 clients and extending its presence 
and operating base in the heart of the European funds market.

The acquisition of AMFINE represents a further investment in the evolution of 
the CSS platform and will result in compelling strategic benefits to clients:

    -- Providing end-to-end management of the regulatory reporting process
       from data aggregation and enrichment through to document production
       and distribution. 
    -- Delivering an enhanced value proposition with the necessary scope
       and depth to support enterprise risk control, TCO and scalability
       objectives. 
    -- Creating the potential for a deeper strategic partnership by
       addressing a critical reporting requirement through the use of
       a world-class Compliance-as-a-Service (CaaS) platform.

"We're delighted to welcome the AMFINE team to CSS as we further develop our 
platform and extend our market coverage," said Doug Morgan, CEO of CSS. "AMFINE 
bring highly complementary product capabilities and a stellar reputation earned 
by helping clients manage complex reporting requirements. With both 
organizations sharing a strong commitment to customer success, we're excited to 
work together to enhance our global regulatory reporting solution and address a 
broader scope of our clients' compliance needs."  

About CSS:

CSS is a trusted global RegTech partner that uniquely brings together 
innovative technology-driven solutions to support financial services firms in 
navigating a clear and strategic path through the complex and fragmented global 
regulatory space. Our solutions and services help firms meet regulatory 
deadlines while optimizing compliance data, operations and technology. CSS 
covers a full range of global compliance disciplines spanning fund reporting, 
transaction reporting, investment monitoring, compliance management, compliance 
services and managed services with a complementary, centralized approach to the 
strategic management of regulatory data called RBOR (Regulatory Book of 
Record). The company currently serves over 600 software clients in the 
financial services vertical comprising of hedge funds, traditional asset 
managers and fund administrators, including Tier 1 buy-side and sell-side 
institutions. CSS maintains a global footprint across both North America and 
Europe with customer-facing offices in New York, London, Dublin, Amsterdam and 
Stockholm. For more information on CSS, please visit: www.cssregtech.com.

SOURCE  Compliance Solutions Strategies

CONTACT: Natalie Silverman, Chief Marketing Officer, Compliance Solutions 
Strategies, +1 646-952-2514, Natalie.Silverman@cssregtech.com
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