PR92799

NEW YORK, Nov. 4, 2021 /PRNewswire=KYODO JBN/ --

-- 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.

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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