202117 Nov

Suade Labs, global RegTech solutions provider, raises strategic funding led by tech investing pioneer Glenn Hutchins

Summary

As Chairman of North Island, Co-founder of Silver Lake and former board member of the Federal Reserve Bank of New York, Glenn Hutchins brings a wealth of experience to the Company in the financial and regulatory technology space. Eugene Ludwig, Founder and Chairman of Promontory Financial Group and the former Comptroller of the Currency in the Clinton Administration, is joining Suade as a special advisor. Suade Labs trusted platform offers financial institutions around the world the ability to automate and scale end-to-end regulatory reporting capabilities through a data-centric approach. "The legacy technology solutions are unable to scale or meet the demands that post-financial crisis regulation requires," said Mr Abur, Suades CTO. "We are pleased that after executing on our initial vision, we have developed significant technological IP and are now driving the market forward as thought leaders and agents for positive change.

Source: Prnewswire

Funding

$0
Amount
Nov 17 2021
Date
-
Investor
Suade
Company

Classifications

Companies