Clausematch, a technology company developing solutions for regulatory compliance, was selected today to join the sixth cohort of the Investment Association (IA) Engine Innovator Programme. The announcement was made at the EmTech Global Conference, held in London earlier Thursday.
The IA Advisory Panel, which comprises 28 experts from investment management and related disciplines, was impressed by the focus and quality of Clausematch’s SaaS platform and potential impact to its members, which are some of the largest wealth, investment, and asset managers in the world. Criteria for selection into the latest cohort included solutions that had an emphasis on big data, artificial intelligence, and cloud technology.
“We are very excited to be part of this select group of technology firms to join the latest Engine Innovator Programme. Given Clausematch’s existing client base in the investment management industry, I’m confident that when compliance teams learn about our platform, they will see the significant benefit and be eager to adopt our solution. We look forward to taking advantage of the mentorship that comes with the programme, with the aim of optimizing our platform for investment management,” said Freddie Frith, Head of Sales at Clausematch.
The sixth-month program includes support and mentorship as well as connections between Clausematch and leaders in the investment industry with the mission to showcase the best technology solutions for investment management teams. Firms will also meet with relevant IA Committees to gather ideas on how their technology can transform industry processes and unlock opportunities.
“I’m pleased to welcome Clausematch to the sixth cohort of the IA Engine Innovator Programme. The firms selected by our panel have identified innovative solutions to meet the current and future demands of our industry, which will allow investment managers to better serve people across the UK. The IA Engine team look forward to working with them over the coming months,” said Gillian Painter, Head of the IA Engine.
To recall, Clausematch has already proved a worthwhile tool for the Investment Management industry, as the company services one of the largest asset managers in the world and ZEDRA, an international provider of corporate and global expansion, active wealth, Pensions & Incentives and Fund solutions.
Since the launch of the IA Engine Innovator Programme in 2018, the Engine has successfully worked with five cohorts of fintech companies. The Investment Association has 250 members that manage £10 trillion of assets, and the investment management industry supports 114,000 jobs across the UK.