Clausematch, a technology company developing solutions for regulatory compliance, has signed its first partnership agreement in the Middle East.
The agreement with Várri Consultancy will see the RegTech 50 star provide compliance automation technology to SMEs in the region.
Led by Johnny Kollin (pictured), Várri Consultancy is an independent management consulting boutique specialising in strategy, risk and governance advisory for clients in sectors such as financial services and renewable energy.
“Organisations are struggling to make sense of all the uncertainty in the world, and executives find it difficult to stay updated on the constant stream of regulatory changes,” said Kollin.
“Companies’ policies and procedures meant to address those issues often lack an apparent linkage to the real risks and regulatory environment. As a result, they don’t get the necessary staff buy-in and end up on a shelf.
“Clausematch allows companies to manage the policy lifecycle, link internal policies with external regulations, and demonstrate compliance to their stakeholders, improving their compliance and risk management efficiency.”
By combining advisory services with modern technology, consultants at Várri can more efficiently transfer and integrate their expertise within the organisations they advise, the company says.
Employing technology in these operations saves time during the implementation, resulting in fewer billable hours, which is important for small and medium corporate clients.
Claudia Coutinho-De Somma, EMEA Account Exeсutive at Clausematch, said: “We’re delighted to collaborate with Várri Consultancy as they have significant knowledge and experience with regulated entities in the UAE.
“The approach Várri employs when providing clients with technology solutions is thorough, completely sincere, and objective, all of which are very valuable to us. It also fits Clausematch’s mission of providing highly regulated businesses with best-in-class efficient SaaS compliance solutions.”