Last deal

Amount

Private Equity

Stage

12.06.2023

Date

2

all rounds

General

About Company
Cleversoft is a cloud-based RegTech company that provides regulatory document, reporting, and marketing solutions for financial services.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Cleversoft

founded date

01.06.2004

Number of employees

Company Type

For Profit

Last funding type

Private Equity

IPO status

Private

Description

Founded in 2004 and headquartered in Munich, Cleversoft has offices in Amsterdam, Frankfurt, Nuremberg, Luxembourg, and Sofia. The company offers a regulatory technology platform that optimizes and automates business processes for regulatory documents, marketing materials, commission payments, and other back-office processes, helping banks, asset managers, and insurers comply with regulatory challenges. With over 1,000 financial institutions worldwide as clients, Cleversoft delivers digital solutions and services that optimize compliance-related business processes, including data management, regulatory data calculation, and document and report production for regulations such as SFDR, MIFID II, 6AMLD, Solvency II, IFRS 17, PRIIPs, and IORP. The company also focuses on the Financial Crime Prevention sector, which was expanded through the acquisition of the specialized provider CDDS in July 2021. Cleversoft is unique in the industry by providing all required service updates for respective regulations to customers, following their compliance commitment.
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