Compliance & Regulation

Compliance Solutions Strategies Partners with Grasp

Compliance Solutions Strategies (“CSS”), a leading RegTech platform providing technology-driven solutions which enable financial services firms to meet mandatory regulatory compliance requirements, has announced a partnership with Grasp to expand CSS's presence into Africa.

The combination of Grasp's local presence and expertise, together with CSS's global Compliance-as-a-Service platform, will bring unique value to financial institutions in the South African and Sub-Saharan markets, Compliance Solutions Strategies said in a press release.

The partnership with Grasp strengthens CSS's position as a world-class RegTech solutions provider to institutional asset managers, asset servicers, hedge funds and insurers, with an expanded presence into Africa. Financial services clients in South Africa and Sub-Saharan Africa will benefit from having access to an innovative end-to-end RegTech platform that covers a full range of global compliance disciplines spanning fund reporting, transaction reporting and investment monitoring.

“Our strategic collaboration with a world-class technology partner like Grasp further expands the reach of our global end-to-end regulatory platform,” said Doug Morgan, Chief Executive Officer of CSS. “Our shared value proposition will help investment management firms in the region meet mandatory compliance requirements and stay ahead of regulatory changes across jurisdictions.”

“Grasp is delighted to announce its partnership with CSS, a global leader in technology and services that supports financial services companies in navigating the complex global regulatory landscape,” said Chris Lourens, Director of Grasp. “We are keenly aware of the challenges faced by firms in keeping up to date with fluid regulatory requirements. This partnership will enable us to offer more effective solutions to enable our clients to remain compliant at all times.”