German shares and securities marketplace operator Deutsche Börse has joined with venture capital firm Illuminate Financial Management in a $5m funding round for RegTek.Solutions, which provides regulator compliance software designed to improve the quality, transparency and control of regulatory reporting obligations in a number of jurisdictions. RegTek.Solutions anticipates a growing need for its services in light of new Mifid II regulations that are due to come into force earlier this year.
German shares and securities marketplace operator Deutsche Börse has joined with venture capital firm Illuminate Financial Management in a $5m funding round for RegTek.Solutions, which provides regulator compliance software designed to improve the quality, transparency and control of regulatory reporting obligations in a number of jurisdictions. RegTek.Solutions anticipates a growing need for its services in light of new Mifid II regulations that are due to come into force next year.