RegnologySignsanAgreementtoAcquireMoody’sRegulatoryReporting&ALMSolutions
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ores Regnology’s strong accelerating progress within the regulatory technology sector to further deliver outstanding solutions to financial institutions around the world.”
Andrew Bockelman, Head of Banking Solutions for Moody’s, said: “We are grateful for the work of our teams that have built these solutions over the years, and we are confident they are joining an organization that will continue to provide top-rate service to customers and new growth opportunities for employees. Regnology is strategically positioned to build on the strengths of these product families, while Moody’s continues to focus on its core lending, credit modeling, KYC, financial crime, portfolio risk, and data-driven solutions.”
The proposed acquisition remains subject to consultation with the relevant works councils and is further subject to obtaining regulatory approvals in several jurisdictions.
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