CUBE, a London-based RegTech firm specializing in Automated Regulatory Intelligence (ARI), has made significant strides by completing the acquisition of Thomson Reuters Regulatory Intelligence and Oden businesses. The deal, which was finalized on December 31, 2024, follows an initial announcement in May of the same year. With this move, CUBE aims to strengthen its position in the regulatory technology market, expanding its customer base to approximately 1,000 clients across industries, including banking, insurance, asset management, payments, and other regulated sectors.
What does the acquisition mean for CUBE’s growth?
This acquisition builds on CUBE’s broader growth trajectory demonstrated through earlier milestones in 2024, which included forging a strategic partnership with Hg and acquiring the US-based Reg-Room. These initiatives have bolstered the firm’s ability to deliver AI-driven regulatory solutions. Ben Richmond, CUBE’s Founder and CEO, remarked,
“The powerful combination of CUBE’s AI and the years of human-generated content curated by Thomson Reuters Regulatory Intelligence and Oden subject matter experts sets us apart in the industry.”
CUBE’s expansion has also been marked by a global presence, with offices established in six critical hubs and a workforce that has nearly doubled to 700 employees across 15 countries. Serving over 200 enterprise clients—comprising 40% of top-tier financial institutions—and nearly 800 small and medium-sized enterprises, the company has established itself as a key player in regulatory compliance.
How does CUBE’s technology enhance regulatory compliance?
CUBE offers cutting-edge ARI and Regulatory Change Management (RCM) solutions driven by its AI engine, RegBrain, and its RegPlatform software. These tools enable organizations to track, monitor, and adapt to regulatory changes across multiple jurisdictions and languages. This ensures clients remain compliant while streamlining their regulatory processes. Its platforms are widely adopted by financial institutions and other regulated entities globally, including regions like Europe, North America, Asia, and Australia.
The addition of Thomson Reuters’ regulatory expertise and curated data is expected to further enhance CUBE’s offerings. Richmond expressed optimism about the integration, stating,
“2025 promises to be yet another significant year for the business as we continue to deliver further innovation focused on automating regulatory compliance and risk management for our customers.”
CUBE’s recent announcements align with past reports of its commitment to innovation in automated regulatory intelligence. For instance, its earlier acquisitions, such as Reg-Room, have consistently aimed to integrate industry expertise with advanced technological solutions. The company’s focus on AI-driven compliance has been consistent, though the scale and nature of its recent acquisitions suggest a more aggressive push into global markets, distinguishing it from competitors in the RegTech space.
The acquisition places CUBE at a strategic advantage by not only expanding its portfolio but also enhancing its capabilities in regulatory monitoring and compliance. As regulatory environments continue to evolve, businesses using CUBE’s platform could benefit from more streamlined compliance processes and deeper insights into regulatory changes. This may lead to broader adoption of its solutions across regulated industries worldwide. However, the integration of Thomson Reuters’ expertise with CUBE’s AI-driven tools will be crucial in determining the long-term success of this acquisition. Stakeholders will likely watch how this newly combined entity tackles challenges in a competitive RegTech market.