Clausematch
Compliance Backed by the Power of Artificial Intelligence

In today’s digital world, organizations deal with a myriad of regulatory updates on a daily basis. These minute changes impact numerous company policies that lead to the formulation of several new guidelines and procedures. New policies are drafted, reviewed, approved, and distributed to ensure effective implementation and adherence to regulatory compliance. It is often observed that companies try to manage these policies with Word, SharePoint, and Excel, leading to the risk of manual errors and data misplacement. Changing the aforementioned narrative is London-based Clausematch, an IT consulting and service provider. The company proffers an award-winning AI-powered fully-digital platform that mitigates the risks associated with document sharing, improving governance, and collaboration across compliance lifecycles.

Evgeny Likhoded founded Clausematch with the mission to help compliance professionals navigate the mercurial compliance space and manage their regulatory policies. Having worked in highly regulated industries, Likhoded comprehensively understood the process of passing audits and knew how costly, inefficient, and time-consuming compliance assessments are. The company was born out of the need for organizations to safely, affordably, and efficiently meet their compliance objectives. Today, Clausematch’s award-winning AI-based RegTech solution helps startups and large financial institutions harmonize and automate their compliance-related workflows, keeping in check compliance and governance risks and thriving in dynamic market scenarios.

Clausematch’s user-friendly policy management editor enables compliance teams to collaborate efficiently in real-time and create, manage, and track regulatory policies and procedures at granular levels. The platform simplifies the workflows for auditors, regulators, and other stakeholders, providing a clear audit trail for their regulatory compliance. Clausematch’s compliance platform is deployed by several industry-leading organizations as well as financial service fintech insurers who leverage the platform to automate their compliance procedures.

Owing to such innovative functionalities, Clausematch has scripted several success stories with the lion’s share of his clients. One such client, a pension business, was struggling to manage their documents across different departments and maintain a proper audit trail. The company then collaborated with Clausematch and what followed substantiated the company’s perineal reputation as a customer-centric brand.

Being a financial technology company, maintaining regulatory compliance was a mandate. After collaborating with Clausematch, the client was able to streamline their documentation processes and manage policies more efficiently. Using Clausematch, the client was also able to design workflow templates that included multiple contributors and editors across the company. As a result, the company was able to efficiently conduct a full audit process and distribute its new regulatory policies across all its branches. The client today uses the compliance platform to interact with policy authors, gather their feedback, and most importantly, eliminate the need for inputting different policies into different systems. Considering that compliance professionals are often not appreciated enough within the company for their duties, Clausematch is helping such professionals execute their duties more efficiently which in turn leads to their professional growth. “The role of compliance has evolved. The CCO is now much more frequently involved in formulating corporate strategies,” says Likhoded.

The company recently launched a new campaign— already lauded by many authorities—that recognizes people in compliance. The campaign gathered more than 50 applications from different companies, indicating that businesses today are proactively eliminating compliance roadblocks and empowering compliance professionals to gain the respect they deserve. Looking ahead, it is evident that Clausematch will execute the paradigm shift required to foster compliance across various industries, enabling businesses to efficiently streamline and bolster their regulatory operations.