Integrating Acin’s proven regulatory control data network and full traceability strengthens CUBE’s mission of supporting financial services sectors in navigating complex compliance and risk environments. As a result, CUBE is now offering a unified, data-driven platform for regulatory compliance and risk management within the industry.
Acin’s AI-based platform securely digitizes non-financial risk analysis, leveraging advanced data intelligence and analytical features to benefit financial institutions.
By building a network that adjusts control data and facilitates optimal strategy sharing among financial institutions, Acin enables customers to compare their processes with anonymized peers. This collaboration provides valuable insights for optimizing controls while maintaining the privacy and integrity of data.
The acquisition marks the start of CUBE’s global industry collaboration initiative, supported by five banks, with additional banks expected to join by 2026.
In the fast-growing fintech sector, regulatory compliance is a significant challenge. Fintech providers often struggle with issues such as data security and unfavorable regulatory environments. Acquiring Acin aligns with CUBE’s goal of enhancing its regulatory compliance and operational risk capabilities, following its recent acquisitions of Thomas Reuters Regulatory Intelligence, Oden, and RegRoom.
Now unified under the RegPlatform solution, these acquisitions position CUBE to provide a comprehensive solution for regulatory compliance and operational risk management in the industry.