K1 Invest Management Contributes to ComplySci's Accelerated Growth...

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K1 Invest Management Contributes to ComplySci's Accelerated Growth and Expansion Opportunities

CFO Tech Outlook | Friday, June 18, 2021

Amy Kadomatsu, CEO, ComplySci

A leading enterprise software-specific private equity firm joins existing investors in ComplySci as the company reports its best quarterly financial performance ever in q1 2021.

FREMONT, CA: ComplySci, the market leader in regulatory technology and compliance solutions for the financial services industry, raises approximately $120 million in growth capital from K1 Investment Management, a leading private equity firm focused on high-growth enterprise software companies.

ComplySci collaborates closely with C-suite executives and in-house compliance, legal, and technology professionals to provide technology-enabled employee compliance solutions to broker-dealers, registered investment advisers (RIAs), hedge funds, private equity firms, investment advisors, and venture capital firms.

Amy Kadomatsu, Chief Executive Officer of ComplySci, says, “We are thrilled that K1 shares our passion about the opportunities ahead for our business and our excitement around the future of innovation in the RegTech industry.  With K1 as our partner, ComplySci looks forward to continuing to build out our products and services, and to driving additional growth through acquisitions.  This investment underscores the enormous momentum that ComplySci has generated as the leading provider of innovative technology-driven employee compliance solutions across the financial services sector.”

ComplySci incorporates K1's investment to develop further its platform, including existing modules such as Political Contributions Verification, Senior Managers and Certification Regime, and Compliance Program Management, and the recently launched Compliance Control Room and Conflict Check Products, which track athletic activities along with employee activities to proactively identify potential conflicts of interest and market abuse through a single integrated solution.

“As reflected in our record financial results for the first quarter of this year, which represented a new high-water mark for our already rapidly growing firm, we are leaders in a fintech segment where proven solutions from experienced providers are always in demand, regardless of market, economic or industry cycles,” adds Ms. Kadomatsu.  “For our customers, business partners and employees, our new partnership with K1 underscores this key take-away:  The best is yet to come as we harness the significant new investment in our company with the talent, energy and innovative spirit that our entire team brings to each customer relationship.  We are setting the standard for the future of tech-empowered employee compliance.”

Roy Liao, Senior Vice President at K1 Investment Management, says, “In this environment of ever-expanding regulatory complexities, financial services firms recognize how crucial it is to have technology-enabled, sophisticated and reliable employee compliance solutions.  ComplySci has successfully positioned itself as a leading and trusted partner to these firms, providing them with indispensable capabilities that give them the visibility and confidence they need to operate their businesses, on a scalable yet effective basis. We’re delighted to partner with Amy and the ComplySci team to further expand the company’s ongoing growth and success.”

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