Quantuma and Aethon Partners advise Clausematch on its sale to Corlytics

Quantuma, an international advisory firm, has recently facilitated the sale of Clausematch, an acclaimed RegTech firm, to Corlytics, based in Ireland.

Quantuma’s team led by Managing Director Adrian Howells and Assistant Manager George Fawcett, worked in collaboration with Aethon Partners’ David Schreiter and Stephan Werner, and Rebecca Burford and Pei Li Kew from Charles Russell Speechlys to secure the deal.

Recognised for its prowess in the RegTech industry, Clausematch offers its proprietary software-as-a-service (SaaS) platform to several global leaders in the FinTech, InsurTech, financial services, and other stringently regulated sectors. Clausematch’s unique platform bolsters these firms’ ability to meet rigorous regulatory requirements and corporate governance standards, supporting sustainable growth while diminishing costs and preventing expensive penalties and potential harm to their reputation.

This strategic acquisition by Corlytics heralds a new era in the RegTech sector, unveiling a platform that delivers comprehensive regulatory risk solutions unmatched in the current market. The platform will serve an impressive roster of 80 clients, which incorporates 14 of the top 50 banks worldwide. The acquisition will equip these organisations with advanced metadata and artificial intelligence models for the smart tagging and mapping of regulatory documents and policies, helping them stay abreast of evolving regulatory demands.

Founder and CEO of Clausematch, Evgeny Likhoded, set to become President of Corlytics, expressed immense pride in merging their forces with Corlytics for the next phase of their journey. He highlighted the unique benefits the combined products would bring, including a revised compliance operating model and the unlocking of new value for their esteemed clients, thus reshaping the RegTech landscape.

John Byrne, CEO of Corlytics, expressed his excitement over Corlytics’ second acquisition of the year, considering it as a significant growth milestone for their platform. He warmly welcomed Evgeny Likhoded as the new President and looked forward to propelling the RegTech industry into a new level of maturity with a comprehensive RegTech solution.

Adrian Howells, Corporate Finance Managing Director at Quantuma, conveyed their delight in having advised Evgeny and his team on the sale of Clausematch to Corlytics. He commended the exceptional business that Evgeny has built, which provides highly valued solutions to its clients in an increasingly complex regulatory landscape. He wished Evgeny and John the best of luck for their future ventures and expressed eagerness to witness the combined success of the two companies as they set the pace in the RegTech market.

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