Amanda Khatri
Editorial Manager
Posted: 2024-11-27
CUBE took centre stage at Hg’s 2024 AGM earlier this month to talk about how the partnership is already starting to transform the business since Hg, a leading investor in European and transatlantic software and services businesses, invested in CUBE in March this year.
A partnership built on shared values
The Hg partnership is underpinned by a shared vision to revolutionise how businesses address the complexities of regulatory compliance. For CUBE, the AGM presented an opportunity to celebrate its partnership with Hg, reflect on the journey so far, and look ahead to the future.
Hg’s significant investment in CUBE, announced earlier this year, marked a pivotal moment in CUBE’s mission to take a further lead in the regulatory intelligence and regulatory change management space.
Ben Richmond, CUBE CEO and Founder said: “The foundation of our successful partnership is based on alignment, respect, and ambition. CUBE’s customers and teams are in a great place with the partnership we have between CUBE and Hg.”
Milestone moments so far
CUBE has already had a busy year with Hg’s support.
Since March 2024, CUBE has acquired two businesses and expanded its global customer base to nearly 1,000 in the banking, insurance, asset and investment management, payments, and adjacent regulated industries.
The number of CUBERs has also reached nearly 700, of which close to 250 are highly qualified regulatory subject matter experts and legal and compliance professionals.
CUBE has bolstered its Board with experienced appointments, welcomed new faces to the Executive team, and won awards such as Best Regulatory Alert Management Solution APAC, E2E Tech 100 track 2024, as well as Ben winning the Entrepreneur of the Year award.
The acquisition of Thomson Reuters Regulatory Intelligence and Oden, and Reg-Room mark a major step forward in CUBE’s growth plans. By combining all the technologies and subject matter expertise at scale CUBE will set a new bar for the industry in regulatory automation and content.
To 2025 and beyond
CUBE is excited for further growth, delivering even more value to its customers, and expanding its footprint to meet the needs of businesses of all sizes while Hg’s investment is empowering CUBE to continue to deliver transformational solutions with the highest accuracy, governance, and innovation standards.