The combination with AMFINE reinforces CSS's hold as a leading RegTech solutions provider to the investment management market with comprehensive global provisions across fund and transaction reporting, investment monitoring, and compliance management.

FREMONT, CA: Compliance Solutions Strategies ("CSS"), a renowned RegTech platform offering technology-driven solutions that allow financial services firms to comply with mandatory regulatory compliance requirements, announces the acquisition of AMFINE ("AMFINE"), a SaaS-based regulatory reporting services provider to European asset managers, asset servicers, and insurers. With offices in Paris and Luxembourg, AMFINE caters to a top-tier client base and provides modular and multilingual solutions across multiple avenues to produce and distribute documents and reports that cover the full breadth of regulatory reporting and marketing disclosure obligations.

The combination with AMFINE reinforces CSS's hold as a leading RegTech solutions provider to the investment management market with comprehensive global provisions across fund and transaction reporting, investment monitoring, and compliance management. The addition of AMFINE's regulatory reporting solutions, comprising the production of UCITS KIIDs and PRIIPs KIDs, fund catalogs, and marketing factsheets, will enable CSS to deliver a holistic end-to-end fund reporting solution that has no match in the market, leveraging integrated data management, regulatory reporting software and document production capabilities. The acquisition also provides CSS with increased scale and reach, adding to its roster of Tier 1 clients and extending its presence and operating base in the heart of the European funds market. The acquisition also increases the scale and reach of CSS, adding numbers to its roster of Tier 1 clients and prolonging its presence and operating base in the heart of the European funds market.

The acquisition of AMFINE represents a further investment in the transformation of the CSS platform and will result in providing strategic benefits to clients:

  • Provision of end-to-end management of the regulatory reporting process, starting from data aggregation and enrichment to document production, verification, and distribution.
  • Delivery of an enhanced value proposition combined with necessary scope and depth to support objectives such as enterprise risk control, TCO, and scalability.
  • Creating the potential for enabling robust strategic partnerships by tackling a critical reporting requirement through adopting a world-class Compliance-as-a-Service (CaaS) platform.

"We're delighted to welcome the AMFINE team to CSS as we further develop our platform and extend our market coverage," said Doug Morgan, CEO of CSS. "AMFINE bring highly complementary product capabilities and a stellar reputation earned by helping clients manage complex reporting requirements. With both organizations sharing a strong commitment to customer success, we're excited to work together to enhance our global regulatory reporting solution and address a broader scope of our clients' compliance needs."