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,” said Vassil Avramov, Risk Focus Founder and CEO.
About Risk Focus
Risk Focus is a consultancy solving capital markets business problems with technology and insight. We combine business domain knowledge, technology expertise, and disciplined process to ensure the success of the most challenging projects in the industry. Some of the largest exchanges and investment banks operate on systems built by Risk Focus. Our practices include Custom Application Development, Regulatory Reporting & Compliance, DevOps & Cloud, Streaming Architectures, and IT Strategy. We’re a Premier Confluent Systems Integrator and an AWS Advanced Consulting Partner with DevOps and Financial Services Competencies. Clients count on us to provide outcomes that advance their objectives on time and on budget.