Corlytics is a regulatory technology (RegTech) company that provides intelligent regulatory intelligence and policy compliance solutions for the financial services industry. Its platform manages the entire regulatory risk value chain, including regulatory monitoring, change management, policy management, and compliance attestation. Corlytics uses machine learning (ML) and AI to automate identifying, interpreting, and implementing regulatory changes. The company's offering combines data, software, and AI to deliver intelligent regulatory content to its clients.
In January 2023, Corlytics acquired ING's SparQ platform for EUR 5 million (USD 5.5 million), enabling end-to-end digitalization across the regulatory change lifecycle. In July 2023, the company acquired Clausematch, a provider of intelligent regulatory document and policy management solutions, to expand its offerings and create a "one-stop-shop" RegTech solution. In May 2024, Corlytics acquired a digital RegTech platform from Deloitte UK, further enhancing its capabilities and extending its reach in Europe and the US.
In April 2024, the company was acquired by Verdane, a specialist growth investor.
Key customers and partnerships
Corlytics serves a diverse clientele across the financial services industry, including 14 of the top 50 global banks, multinational insurers, re-insurers, payment providers, and investment managers (as of July 2023). Among its notable customers are ING, BNY Mellon, ScotiaBank, and SwissRe.
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