Country for PR: United States
Contributor: PR Newswire New York
Thursday, November 04 2021 - 09:00
AsiaNet
Compliance Solutions Strategies Partners with Grasp
NEW YORK, Nov. 4, 2021 /PRNewswire-AsiaNet/ --

-- Partnership brings a unique combination of local market presence and global 
regulatory compliance coverage to South Africa and Sub-Saharan Africa

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 a partnership 
with Grasp to expand CSS's presence into Africa. The combination of Grasp's 
local presence and expertise, together with CSS's global 
Compliance-as-a-Service platform, will bring unique value to financial 
institutions in the South African and Sub-Saharan markets. 

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

The partnership with Grasp strengthens CSS's position as a world-class RegTech 
solutions provider to institutional asset managers, asset servicers, hedge 
funds and insurers, with an expanded presence into Africa. Financial services 
clients in South Africa and Sub-Saharan Africa will benefit from having access 
to an innovative end-to-end RegTech platform that covers a full range of global 
compliance disciplines spanning fund reporting, transaction reporting and 
investment monitoring.

"Our strategic collaboration with a world-class technology partner like Grasp 
further expands the reach of our global end-to-end regulatory platform," said 
Doug Morgan, Chief Executive Officer of CSS. "Our shared value proposition will 
help investment management firms in the region meet mandatory compliance 
requirements and stay ahead of regulatory changes across jurisdictions."

"Grasp is delighted to announce its partnership with CSS, a global leader in 
technology and services that supports financial services companies in 
navigating the complex global regulatory landscape," said Chris Lourens, 
Director of Grasp. "We are keenly aware of the challenges faced by firms in 
keeping up to date with fluid regulatory requirements. This partnership will 
enable us to offer more effective solutions to enable our clients to remain 
compliant at all times."

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

About Grasp:

Grasp is a specialised service provider to the investment industry, with a 
management team combining more than 50 years of experience. Leveraging from CSS 
expertise and technology, Grasp will support investment businesses from all 
African countries in managing their compliance to an ever expanding and complex 
regulatory environment. For more information on Grasp, please visit: 
http://www.graspregtech.co.za/

SOURCE Compliance Solutions Strategies

CONTACT: Natalie Silverman, Chief Marketing Officer, Compliance Solutions 
Strategies, +1 646-952-2514, Natalie.Silverman@cssregtech.com ; Chris Lourens, 
Partner, Grasp, +27(0) 82 600 8751, chris.lourens@graspregtech.co.za
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