Less Ads, More Data, More Tools Register for FREE

Pin to quick picksKrm22 Plc Regulatory News (KRM)

Share Price Information for Krm22 Plc (KRM)

Share Price is delayed by 15 minutes
Get Live Data
32.50    0.00 (0.00%)
Bid:
32.00
Ask:
33.00
Spread: 1.00 (3.125%)
Market Cap: £19.28m
KRM Live PriceLast checked at - London Stock Exchange

Intraday Krm22 Plc Share Chart

KRM22 partnership with Ascent Technologies Inc

11 Jul 2018 07:00

RNS Number : 2118U
KRM22 PLC
11 July 2018
 

11 July 2018

KRM22 plc

 

("KRM22" or the "Company")

 

KRM22 announces partnership with Ascent Technologies Inc.

 

- Partnership brings Compliance Automation to KRM22's Global Risk Platform -

 

KRM22 plc, (AIM: KRM) the technology and software investment company that focuses on risk management for capital markets, today announces that it has partnered with Ascent Technologies Inc. to further enhance KRM22's Global Risk Platform. The partnership includes an agreement for KRM22 companies to distribute and support Ascent's Regulatory Technology Platform on the KRM22 Global Risk Platform.

 

Ascent's "regtech" Software-as-a-Service ("SaaS") product helps capital market clients build, manage and automate their own regulatory compliance programmes. Ascent uses machine learning and predictive analysis to analyse the multitude of rules and regulations from sources including Exchanges, Primary Regulators and other laws and guidelines across the globe. Ascent codifies the rules from each regulatory source and links related topics from those sources to simplify compliance implementation.

 

 

Keith Todd CBE, Executive Chairman and Chief Executive Officer of KRM22 plc commented:

 

"This key addition to our Global Risk Platform validates our vision of delivering one platform for capital market clients to login to a multitude of applications. The KRM22 platform will allow customers to choose applications from a single platform.

 

We chose Ascent's regulatory compliance system as it allows capital market clients to identify all their compliance obligations in minutes rather than via weeks of consultant reviews and receive real-time updates. That represents huge potential cost savings for customers."

 

Brian Clark, CEO and Co-Founder of Ascent said:

 

"We're excited to provide KRM22 with Ascent's technology, which can process and analyse millions of points of regulatory data and translate them into actionable intelligence. This will allow KRM22 to incorporate the rules and regulations from regulators around the world into a fully integrated enterprise risk management system. As regulators update their rules, each customer's regulatory ecosystem is automatically updated through Ascent's platform, so we can provide our customers with constantly updated information for their risk management program. Ascent's technology is fully scalable and our solutions are customizable for each client."

 

For further information please contact:

 

KRM22 plc via FTI Consulting LLP

Keith Todd CBE, Executive Chairman and CEO

Karen Bach, COO

 

finnCap Ltd (Nominated Adviser and Sole Broker) +44 (0)20 7220 0500

Carl Holmes / Kate Bannatyne

 

FTI Consulting LLP +44 (0)20 3727 1000

Matt Dixon / Emma Hall / Jamille Smith / Debbie Oluwaseyi Sonaike

 

Ends

About KRM22 plc

KRM22 is a closed-ended investment company which listed on AIM on 30 April 2018. The Company has been established with the objective of creating value for its investors through the investment in, and subsequent growth and development of, target companies in the technology and software sector, with a particular focus on risk management in capital markets.

 

Through investments and partnerships in businesses with risk management software, KRM22 delivers a risk management platform as a Software as a Service offering: a true "Global Risk Platform". KRM22 provides capital market organisations with the way forward for better, lower-cost, risk control and regulation compliance to drive profitability.

 

See more about KRM22 at KRM22.com.

 

About Ascent Technologies

Ascent Technologies is a regtech firm that helps customers simplify and automate their regulatory compliance programs. Its IntaaS (Intelligence-as-a-Service) platform uses a proprietary vertical AI and automation processes to convert the rules and documents of a regulatory body into units of intelligence that are distributed to customers online.

 

Ascent's regtech products allow customers to automate their regulatory compliance function by helping them to identify, monitor, and manage their regulatory obligations, saving time and money and reducing regulatory risks. Learn more at www.ascentregtech.com

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
NRAZBLFFVDFEBBK
Date   Source Headline
26th May 20263:24 pmRNSHolding(s) in Company
26th May 20262:25 pmRNSHolding(s) in Company
22nd May 20267:00 amRNSDirector Dealings
20th May 202611:19 amRNSDirector Dealings
20th May 20267:00 amRNSNotice of AGM and Posting of Annual Report
13th May 20267:00 amRNSFinal Results
29th Jan 20267:00 amRNSTrading Update
7th Jan 20267:00 amRNSAppointment of Director
20th Nov 20254:12 pmRNSTR-1
11th Nov 20257:00 amRNSIssue of Equity
10th Nov 20259:28 amRNSHolding(s) in Company
5th Nov 20251:05 pmRNSResult of GM
15th Oct 20257:00 amRNSResult of Placing
14th Oct 20254:50 pmRNSProposed Placing and Subscription
17th Sep 20257:00 amRNSInterim Results
7th Aug 20257:00 amRNSTrading Update
21st Jul 20257:00 amRNSIssue of Equity
27th Jun 20252:10 pmRNSResult of AGM
6th Jun 20257:00 amRNSDirector Dealing
2nd Jun 20257:00 amRNSIssue of Restricted Stock Units
30th May 20257:00 amRNSNotice of AGM and Posting of Annual Report
21st May 20257:00 amRNSDirector Dealing
19th May 20257:00 amRNSFinal Results
29th Apr 20257:00 amRNSFacility Amendment
7th Apr 20257:00 amRNSNew Customer Contracts
1st Apr 20257:00 amRNSFacility Amendment
18th Mar 20257:00 amRNSIssue of Equity
4th Mar 20257:00 amRNSNew Customer Contract
13th Feb 20255:00 pmRNSDirector Dealing
22nd Jan 20257:00 amRNSTrading Update
10th Jan 20257:00 amRNSIssue of Equity
23rd Dec 20247:00 amRNSLoan Facility Amendment
15th Oct 20247:00 amRNSIssue of Equity
25th Sep 20247:00 amRNSInterim Results
3rd Sep 20247:00 amRNSChange of Registered Office
29th Aug 20247:00 amRNSNew Customer Contract
22nd Aug 202410:00 amRNSGrant of Options and Director/PDMR Shareholding
19th Aug 20247:00 amRNSIssue of Equity
18th Jul 20247:00 amRNSHalf Year Trading Update
21st Jun 202412:49 pmRNSResult of AGM
29th May 20247:00 amRNSNotice of AGM and Posting of Annual Report
22nd May 20247:00 amRNSFinal Results
16th Apr 20247:00 amRNSDirector Dealings
15th Apr 20247:00 amRNSNew Customer Contract
10th Apr 20247:00 amRNSIssue of Equity
7th Mar 20247:00 amRNSBoard Changes
21st Feb 20247:00 amRNSTrading Update
1st Dec 20237:00 amRNSIssue of Restricted Stock Units
26th Sep 20237:00 amRNSInterim Results
27th Jul 202311:48 amRNSResult of General Meeting

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.