Thomson Reuters Acquires Compliance Software Company Complinet
Summary
Thomson Reuters is acquiring compliance and risk software company Complinet. Complinet’s technology helps companies in the financial services industry handle governance, risk and compliance. Of course, since Thomson Reuters caters to the financial services industry, Complinet’s software will be used to offer clients an option to manage compliance. Thomson Reuters also recently bought analytics company DiscoveryLogic and acquired Breakingviews, a site that provided commentary on UK and European breaking financial news. Thomson was rumored to have paid close to $18 million in cash for the site.
Classifications
industries
Fintech & Banking
applications
Accounting and Taxes
AskAI Classifications
Labels
Legal Tech
Tax Software
Compliance Software
Linked Companies
Complinet
$1B+
Thomson Reuters
$1B+