Currencycloud has contracted RegTech firm Clausematch to implement the latter’s policy management solution.
According to Clausematch, its solution will allow Currencycloud to effectively manage its evolving suite of policies, procedures and other business-critical documentation.
The company said its solution will facilitate ongoing compliance with a rapidly-changing global regulatory landscape, enable smarter collaboration across Currencycloud’s expanding global footprint and automate previously manual, time-consuming document management tasks.
Prior to the relationship with Clausematch, Currencycloud’s policies and procedures were developed and maintained using conventional office software. Sharedrives had to be organised, approval processes designed, reviews scheduled and versions managed, all as manual processes.
Clausematch’s solution automates all of this and also includes additional features such as document connections and attestations that will significantly reduce the time spent on these tasks and enhance the level of sophistication of document management.
Currencycloud CCO Tanya Ziv said, “We are delighted to be working with Clausematch to enhance our policy management solution. They will be able to support us in managing the critical evolution of our policies and procedures as we continue to grow and expand.”
Clausematch founder and CEO Evgeny Likhoded added, “We’re thrilled to have Currencycloud onboard. It is a great opportunity for Clausematch to work with a high-growth Fintech company to show its capabilities when it comes to supporting our clients with tricky compliance regulations across different geographies.”
Currencycloud, an international payment solution and infrastructure developer, recently released a report exploring the future of payments in APAC.
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