ComplySci, a provider of regulatory technology and compliance solutions for the financial services sector, has secured a growth capital investment of approximately $120 million from K1 Investment Management, a private equity investment firm focused on high-growth enterprise software companies.
ComplySci is a specialist in offering compliance software that creates a robust employee compliance function. The company’s solutions aim to deliver scalable identification and mitigation of employee regulatory and compliance risks, at a high degree of precision and on a cost-efficient basis.
ComplySci will leverage K1’s investment to further build out its platform including existing modules, such as Political Contributions Verification, Senior Managers and Certification Regime, and Compliance Program Management and the recently-launched Compliance Control Room and Conflict Checking products, which track firm activities along with employee activities to proactively identify potential conflicts of interest and market abuse through a single integrated solution.
Read more/Source: Private Equity Wire
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