aosphere, a London-based provider of online legal and compliance analysis with more than 1,300 institutional clients, has announced the acquisition of Investment Navigator, a Zurich-based fintech specialising in the digitalisation of cross-border compliance.
Founded in 2014, Investment Navigator has established itself as a utility provider for banks in managing cross-border compliance and investment processes.
Its digital services include the digitalisation of cross-border banking manuals and a workflow tool designed to support internal and cross-organisational collaboration on regulatory matters.
Its investment product eligibility platform integrates compliance checks and selling restrictions into investment management workflows, both before and after trade execution.
aosphere said the move will enhance its existing digital capabilities at a time of significant change for the financial sector.
The combined platform is expected to support the development of new technology-led compliance tools for private and retail banks, wealth managers, investment banks, and asset managers.
Alberto Rama, Co-Founder and Chief Executive of Investment Navigator, said:
“As part of aosphere, we have the possibility to stay ahead of the curve in regulatory technology by further accelerating our product development and leveraging market reach. Everyone at Investment Navigator is looking forward to this next chapter, seizing new opportunities and working together with the expert teams across the aosphere group.”
Marc-Henri Chamay, Chief Executive of aosphere, said:
“The DNA of Investment Navigator is fully aligned with the core values of aosphere. This is the perfect starting point to accelerate the digitisation of regulatory obligations and bring innovative new solutions to the market.”
Featured image credit: Investment Navigator
