Compliance Management

India-based Clear, a provider of tax and financial services software, has scored $75m in its Series C funding round.

PensionBee, a digital pension provider, has implemented the software of Clausematch, a RegTech100 company, to manage its internal policies and controls.

As the regulatory landscape continues to grow in complexity, firms are consistently having to upscale their compliance teams to cope.

FTAPI Software, which builds software for secure data transfer and workflow automation, has raised €15m in fresh funding.

Clausematch, which builds tools to automate policy management and compliance, is now used by 90,000 Barclays Bank employees around the world.

Data and analytics software company Quantexa has formed a deal with KPMG in the UK, which will see it deploy its technology to help the auditing giant with combating international financial crime.

Customer data privacy company Skyflow has collected $45m in Series B funding, which was led by New York-based private equity firm Insight Partners.

The European Security and Markets Authority (ESMA) has invited firms to comment on its consultation paper seeking to make reporting requirements changes under MiFID II.

BearingPoint RegTech has rebranded itself as Regnology, as it starts its journey as an operational independent company.

The European Banking Authority (EBA) has officially repealed its guidelines on the security of internet payments under the former Payments Services Directive (PSD1).