Draft:Suade Labs
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Submission declined on 21 June 2024 by DoubleGrazing (talk).
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Suade Labs is a technology company headquartered in London that provides regulatory reporting software to banks. As of 2024, Suade employs approximately 100 people and has offices in London, New York and Singapore.
Services
Suade assists banks and financial institutions to submit regulatory returns to regulators including the European Banking Authority, the Bank of England, and the US Federal Reserve.
Most of Suade's customers use cloud-based software which enables them to receive monthly or weekly software updates.
History
Suade was founded in London in 2014.[1] The company received a European Commission grant in 2015 to help create an open-source standard for regulatory reporting, called FIRE (FInancial REgulatory Data Standard).
Suade received funding from the Monetary Authority of Singapore in 2018 and started doing business in Singapore the same year.[2][3]
In 2021, Suade received investment from a panel of investors led by Glenn Hutchins.[4][5]
The company is advised by a panel of regulatory experts[6] including:
- William (Bill) Coen, former secretary general of the Basel Committee on Banking Supervision (BCBS)[7][8]
- William (Bill) Dudley, former Federal Reserve Bank of New York president
- Eugene (Gene) Ludwig, 27th Comptroller of Currency under former President Bill Clinton
- Lyndon Nelson, former deputy CEO of the Bank of England
References
- ^ "UK Companies House". UK Companies House. UK Companies House. Retrieved 21 June 2024.
- ^ "Global RegTech firm, Suade Labs, opens office in Singapore to support its global expansion plans". Suade Labs. December 2021. Retrieved 21 June 2024.
- ^ "TD Securities Continues to Successfully Implement Suade Labs' Solutions for Regulatory Reporting". PR Newswire. 2021-12-01. Retrieved 21 June 2024.
- ^ "Suade Labs, global RegTech solutions provider, raises strategic funding led by tech investing pioneer Glenn Hutchins". PR Newswire. 2021-11-17. Retrieved 21 June 2024.
- ^ "Suade Labs raises strategic Series a Funding". Fintech Finance News. 2021-11-17. Retrieved 21 June 2024.
- ^ "Financial Market Stress Causes Suade to Launch a Think Tank Featuring Eugene Ludwig & Lyndon Nelson". Fintech Times. 2023-05-15. Retrieved 21 June 2024.
- ^ "Bill Coen - KPMG Global". kpmg.com. KPMG. 2024-05-15. Retrieved 21 June 2024.
- ^ "Bill Coen". Suade Labs. 2 February 2023. Retrieved 2024-06-21.
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