Company Directory / Suade Labs Ltd

Business Description

"As a technology company focused on the financial industry, with a number of prominent banks as customers, we are often grouped with London’s wealth of great FinTech companies delivering financial services in new ways to consumers. While it is an honor to be grouped with such pioneering enterprises, what we do is in many ways fundamentally different. Our platform helps banks with their regulatory obligations instead of competing with them, but then ultimately it is still for the benefit of consumers (a more transparent, stable and efficient financial system).

New regulations want to make sure banks improve risk controls, maintain sufficient capital and create a more transparent financial sector. But banks are struggling to implement these changes without a suitably dedicated technology. The current implementation process is simply against the "Spirit of Regulation."

COMPLEX. Devoting time to understand and apply regulations is difficult. Markets, transactions and clients are all being put on hold while information and decisions are being processed.

COSTLY. Current regulatory solutions are expensive to build, buy, integrate & maintain. Moreover, every bank has to implement the same procedures and face the same challenges.

INFLEXIBLE. Legacy Front-to-Back Office waterfall IT systems are not equipped to handle multi-directional information flows and dynamically changing requirements.

Research conducted by the Fed concluded that 75% of banks could become unprofitable due to regulatory implementation costs. We believe there must be a better way …

We are passionate about regulation and want to unlock its full potential. As we have designed our technology specifically around regulatory concerns, banks can finally achieve continuous compliance, manage their costs and easily conduct analysis.

The 2016 FinTech50 list was announced to a global audience at the Money 20/20 conference on April 4th, 2016 with Suade selected for its leadership in the field of Regulatory Technology (RegTech).

The list is “selected each year by an invited panel of experts of the 50 hottest European businesses who are transforming financial services.” Suade CEO, Diana Paredes, was featured on the cover, standing in front of Downing Street.

“City regulatory experts believe Suade’s regulatory platform could revolutionise the entire process chain regulation from publication to implementation …allowing banks to achieve continuous compliance.”

Registered Address

148a Queensway
London
W2 6LY

Contact Details

Key Data

Company Number
09197033
Type
Private Limited Company
Company Age
5 years
Incorporated
August 31, 2014
Status
Active
Nature of Business
62012 - Business and domestic software development
Year End
August 31
Accounts Due
May 31, 2020
Latest Accounts
August 31, 2018