London’s IA Fintech Member ClauseMatch and Singapore-based Ingenia partner to provide ‘Compliance as a Service’

London’s IA Fintech Member ClauseMatch and Singapore-based Ingenia partner to provide ‘Compliance as a Service’

This is an exciting step to bring RegTech to smaller financial institutions, including wealth and fund managers of the region. Over 60 financial firms receive access to innovative RegTech solutions.

IA Fintech Member Insights: Clausematch 

June 24, Singapore – London


ClauseMatch, an award-winning London-based Regulatory Technology (RegTech) firm transforming policy management and compliance at financial institutions globally, announces its first engagement in Singapore withIngenia, a Singapore-based service provider for financial institutions. This partnership has been formed to provide “Compliance-as-a-Service” for small and medium-sized financial institutions in Singapore bringing togetherIngenia’s consultancy services enhanced by the ClauseMatchRegTech solution.


This development comes along with Singapore and the UK signing three agreements in London on June 13that will boost collaboration in financial services including making a new agreement to enhance cooperation in data connectivity between the two financial centres.


Ingenia designs, advises on and maintains compliance frameworks for financial institutions who outsource their compliance function and in specific compliance support assignments. They assist in the challenging tasks of creating, supporting and running the compliance function for smaller financial institutions, including fund managers, external asset managers, and FinTech companies.


By adopting the ClauseMatch platform to create and maintain policies and procedures for their clients, they will be able to collaborate in real-time with their clients to conceive their policies and procedures, ensure that their clients’ policies and procedures are up to date, and easily share the framework with their clients. Ingenia currently has approximately 60 clients, among them 16 assignments for outsourced compliance and 9 for compliance assistance.


Rolf Haudenschild, Co-Founder, Head of Regulatory & Risk Services at Ingenia, commented: “First and foremost, this partnership gives smaller financial institutions in Singapore and Asia much needed access to the advanced tools and capabilities for regulatory compliance. We are excited to be partnering with ClauseMatch, as their solution provides a simple yet powerful approach to tackling an issue central to regulated financial institutions – how to reduce the time, cost and complexity of dealing with regulations and core business documents.”


“At ClauseMatch, we see that financial institutions in Asia are starting to become much more attentive to innovations in the regulatory technology field. This partnership with Ingenia is a significant step for us both specifically in the investment management industry and as our first development in the South East Asia region. Ingenia’s impressive network and close experience with local companies will play a crucial role in providing the market with innovative solutions”, – Arathi Arul, Head of sales for the SEA region mentioned.


RegTech indeed is gaining closer attention in Singapore and support from the Singapore government and industry associations this year. The Monetary Authority of Singapore (MAS) has been investing in SupTech (supervision RegTech for financial regulators) and supporting innovations for compliance, while the Singapore FinTech Association has just launched a new RegTech Sub-Committee.


“Collaboration between Ingenia Consultants and ClauseMatch is a perfect example of what SFA RegTech Sub-Committee would like to promote going forward. The smart application of technologies to achieve better regulatory outcomes for smaller financial institutions shows that RegTech is quite essential in the current tough regulatory environment,” says Mr. Chionh Chye Kit, Chair of SFA RegTech Sub-Committee.


“Monetary Authority of Singapore recognises the importance of regulatory technology which is signified by the agreement between the UK and SG governments on RegTech among other things. In the last few years London emerged as the leader in RegTech and the partnership with Ingenia will help local firms get access to best in class-leading tech in compliance,” Evgeny Likhoded, CEO & Founder at ClauseMatch mentioned.


To recall, earlier, in March, ClauseMatch expanded into South East Asia out of Singapore. The company is currently working with several global financial institutions including Barclays and Revolut which have Singapore presence. However, the contract with Ingenia is the first one with a local entity in the region for ClauseMatch. It is now currently mastering the solution for the investment management industry having been selected as one of 10 finalists for the IMAS DAP accelerator in Singapore back in May.



Media contact

Rolf Haudenschild

Co-Founder, Head of Regulatory & Risk Services

[email protected]


Anna Antimiichuk

Head of Communications

[email protected]





Ingenia is Singapore’s independent consultancy for the financial industry created through the incorporation of three successful companies(2016) bringing together three established and renown firms and their expertise: Water Dragon Solutions Pte Ltd (aka Maroon), workplace Pte Ltd and Binjai Hill Pte Ltd. This partners combine over 70 years of expertise and have proven track records both in Singapore and in multi-national markets. They are complemented by Ingenia’steam of consultants of different levels of experience, ranging from senior industry experts to fresh graduates.


For more information visit:


ClauseMatch is a software technology company that enables financial institutions to comply with their internal corporate governance documentation (standards, procedures, controls). It is a 2014 graduate of the inaugural Barclays accelerator programme, BBVA Open Talent challenge winner, and is in the top RegTech companies selected by CB Insights and Dow Jones. The company i​​s​ working​ ​with​ several global financial institutions. The solution brings unprecedented productivity and transparency for Compliance, Legal, Finance, Operations and Risk teams saving millions in terms of time and resources, while significantly reducing risk and providing accountability. Recently ClauseMatch launched operations in Asia out of Singapore.


For more information, visit

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