PR85468

NEW YORK, Sept. 10, 2020 /PRNewswire=KYODO JBN/ --

- 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