Press release: Clausematch partners with The Connector to expand reach of compliance solution.
London, UNITED KINGDOM, New York, February 28, 2023: Clausematch, a technology company developing solutions for regulatory compliance, is pleased to announce it has signed an agreement with The Connector, a technology commercial firm with an unconventional approach to assisting companies looking to scale-up their client base, as well as financial services companies looking for a trustworthy third-party solution.
According to a recent survey of IT and security professionals, organizations worldwide are
using about 110 SaaS applications in their business. However, most companies do not have
core competency in buying such software, and often, purchase SaaS products that are
overpriced, difficult to use, or fail to solve the root problem.
The Connector, led by RegTech influencer Koen Vanderhoydonk, has a proven track record
of strong relationships and an extensive international network in the financial services industry.
Vanderhoydonk also has significant reach in the Benelux Union, which will prove
advantageous to Clausematch. With Clausematch and The Connector working together,
companies looking for a reputable third-party solution to help manage their compliance
obligations will benefit from a win-win combination of technological expertise and top-tier
solutions and practices.
“We’re thrilled to be working with The Connector as they have tons of shared knowledge and experience in FinTech, Banking and Investment Management, and a deep network across the BENELUX and beyond to introduce Clausematch where they see a solutions gap. With the team’s prior knowledge of Clausematch and their championing of the platform, this was a partnership waiting to happen,” said Claudia Coutinho-De Somma, EMEA Account Executive at Clausematch.
The Connector employs three criteria when choosing third-party solutions, like Clausematch, to bring to its connections: a proven solution, proven benefits to customers, and proven steadiness and promise of a future in the industry. According to Koen Vanderhoydonk, CEO of The Connector, Clausematch exemplifies all three criteria.
“Currently, the RegTech market is fragmented, with different maturity levels attempting to
serve multiple regulatory needs across multiple jurisdictions. The partnership between
companies like Clausematch and The Connector helps bring the maturity of the RegTech
industry to the next level. It also further grows the awareness and adoption of RegTech
solutions in the financial services industry, especially by companies looking to scale up
operations,” said Vanderhoydonk.
Clausematch has a proven track record as a RegTech global leader. It was selected as a
part of several incubators and programmes, including FinTech Innovation Lab London and
New Work, Lloyd’s Lab, LawTechUK Sandbox Pilot, and the Barclays Accelerator Program,
to name a few. Being involved in these programs allowed the Clausematch team to share its
solution with industry experts, hearing their feedback and understanding how best to adapt
the platform to targeted companies’ needs. The partnership with The Connector ties into
Clausematch’s mission to bring a SaaS compliance product to highly-regulated companies.
Clausematch is an award-winning regulatory technology company developing solutions for
regulators and regulatory compliance. The cutting-edge Clausematch platform brings
automation to policy management, regulatory change management, and organisational
governance. Regulators can also use Clausematch to manage, publish, and update
regulations in a digital form. The company works with a range of multinational clients across
regulated industries, including financial services, energy, and insurance. Clausematch was a regional winner for Barclays’ entrepreneur awards for the Rise FinTech Company of the Year, recently topped Business Cloud’s RegTech50 list, and was named RegTech of the Year by the US FinTech Awards in 2022. www.clausematch.com
About The Connector:
The Connector is a unique ecosystem that helps startups and businesses grow by providing access to a sales team with connections in the financial industry, localization in Europe and scaling services. We mutualize the cost of scaling for individual companies, which offers an alternative for in-house salespeople for a fraction of the cost. With the Connector, you unlock exclusive and meaningful conversations with buyers that shorten the sales cycle.