IL-based Ascent Technologies Acquired Waymark, a UK-based company that offers workflow solutions for compliance management and horizon scanning located in Northwich. The deal’s total value was not made public. This calculated action comes after Edgewater Equity Partners just acquired Ascent.
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Ascent will continue to lead the industry in obligations management and compliance automation for the financial services sector thanks to this purchase. By combining the two businesses, a complete solution for obligations management and horizon scanning is produced, setting a new standard for regulatory risk management.
Waymark is a provider of workflow management and horizon scanning solutions for regulatory compliance, led by its founder and CEO, Mark Holmes. It has made a name for itself as a helpful partner to businesses navigating the intricate world of financial services regulatory compliance.
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Ascent Technologies, a provider of regulatory technology solutions that enable financial institutions to remain ahead of evolving compliance requirements, is led by President Jon Leitner and CEO Chris Junker. It offers solutions for managing and approaching regulatory compliance for enterprises with an emphasis on efficiency and creativity.
About Waymark
Waymark makes regulatory change management easier by providing compliance experts with the appropriate information and content at the appropriate moment. They assist companies in keeping abreast of the constantly shifting laws that affect them, thereby reducing expenses, risks, and labor.
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About Ascent Technologies
By employing elite abilities and knowledge on behalf of its clients in the field of enterprise database management, Ascent Technology is establishing a steadily expanding market for itself. The business was founded in 2003 and has since established a stellar reputation for its proficiency in both delivery and knowledge.
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