CUBE Acquires Thomson Reuters, Revolutionizes Regulatory Intelligence

CUBE, a leading player in Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM), has recently made a significant move by acquiring Thomson Reuters Regulatory Intelligence and Oden products and businesses. This acquisition is a major step in CUBE's growth strategy, allowing it to scale up its operations across key financial institutions worldwide.

With this acquisition, CUBE's customer base is set to expand to around 1,000 clients in industries such as banking, insurance, asset management, and payments. The company's workforce will also see a boost, with approximately 600 employees, including nearly 250 regulatory experts and legal professionals.

By combining CUBE's cutting-edge AI technology with Thomson Reuters' regulatory knowledge, the company aims to enhance its ability to assist clients globally in navigating regulatory transformations. This strategic move is expected to raise the bar for industry standards in regulatory compliance and risk management.

CUBE will now be able to offer an even wider range of specialized regulatory intelligence and change services, with a focus on delivering top-notch and customized regulatory content to its clients. The company's advanced technology and deep subject matter expertise are geared towards setting a new standard in regulatory automation and content delivery.

Following the acquisition, CUBE remains committed to providing comprehensive AI-driven regulatory data through its ARI and RCM solutions. The company's regulatory technology, including its AI engine (RegBrain) and software platform (RegPlatform), ensures real-time monitoring and analysis of regulations on a global scale.

Operating across multiple continents, CUBE caters to a diverse clientele, particularly major financial institutions, by simplifying their regulatory intelligence and change management processes.

Through its collaboration with Hg and the recent acquisition of Reg-Room, CUBE is well-positioned to strengthen its market presence and offer innovative solutions in the regulatory intelligence sector. Hg's support and expertise in software applications align perfectly with CUBE's vision of providing automated solutions for businesses.

Regulatory Intelligence by CUBE is a comprehensive solution that keeps track of regulatory changes across different jurisdictions, helping sectors like banking, financial services, and insurance effectively manage operational and compliance risks. Oden products, on the other hand, provide automated solutions for compliance with state rules and regulations in the US related to Personal and Business Insurance.

The acquisition of Thomson Reuters Regulatory Intelligence and Oden products by CUBE signifies a significant advancement in the realm of regulatory intelligence and change management. With a strengthened workforce, enhanced technology, and a broader service portfolio, CUBE is poised to lead the way in revolutionizing regulatory compliance and risk management practices globally.