Bloomberg Acquires RegTek.Solutions, A Risk Focus Spin-Off
by Tara Ronel | Aug 14, 2019 | Financial Services, News
For Immediate Release
August 14, 2019
[New York, NY, August 14, 2019] – Risk Focus, a leading financial technology consultancy, is proud to announce that Bloomberg has acquired RegTek.Solutions, a disruptive provider of global regulatory reporting software solutions that was spun out of Risk Focus in 2017.
“Risk Focus is proud to have helped RegTek.Solutions from its inception through its acquisition to join forces with one of the most respected companies in the FinTech and RegTech space. Bloomberg will be able to provide the acceleration that RegTek needs to achieve a dominant share in the regulatory space. We look forward to continuing our relationship with RegTek and Bloomberg post-acquisition to help our clients address their Regulatory Reporting requirements,” Vassil Avramov, Founder and CEO, Risk Focus
About Risk Focus
Risk Focus is a leading financial technology consulting firm with offices in New York, Pittsburgh, Toronto, London, Riga, and Frankfurt. We combine business domain knowledge, technology expertise, and process to ensure the success of the hardest projects in the industry. Our clients include the majority of the top-tier investment banks along with a wide range of buy-side institutions, hedge funds, execution venues and industry utilities. To learn more about Risk Focus, please visit www.riskfocus.com.