By CUBE
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<h3>Senior executives from 25 global asset management firms select CUBE for the second cohort, for its innovative, AI-driven automation of regulatory intelligence and change management</h3>
<b>London, UK, May 14, 2019 – </b>The Investment Association (IA) has revealed<b> </b><a href="http://www.cube.global/">CUBE</a> as one of five leading FinTech firms, and the only RegTech firm, selected for the second cohort of Velocity, the IA's innovation hub and FinTech accelerator for the buy-side and asset management industry.

Following a rigorous selection process, CUBE won its place on Velocity due to the innovation of its RegTech solution. CUBE leverages Artificial Intelligence to automate the process of creating deep regulatory insight and managing regulatory change, which mitigates compliance risk and reduces costs for financial institutions across the globe.

Judged by an eminent panel of senior-level asset management practitioners and industry analysts, places on Velocity are highly-prized for the support offered during an intensive six-month program. Velocity FinTechs will be mentored by key stakeholders across the asset management and capital markets industry. Throughout the program, CUBE will be showcasing how its enterprise-scale platform delivers regulatory intelligence and regulatory change management, smarter, faster and cheaper than traditional methods that are reliant on manual processes, outsourced services or inadequate technology.

According to Chris Cummings, Chief Executive of the Investment Association: "Competition to join the IA's accelerator program continues to grow, with 50 talented FinTech firms vying to take part. Velocity has acted as a catalyst in bringing together the asset management industry and the most cutting-edge FinTech firms, in the search for new and innovative solutions. Our innovation hub is now among one of the largest buy-side communities of FinTech firms in Europe. Congratulations to CUBE for securing their place in the second cohort of Velocity."

Ben Richmond, Founder and CEO of CUBE, commented: "We are honored to be participating in Velocity, and delighted that the judging panel recognized CUBE's innovative approach to transforming processes around regulatory intelligence and change management. CUBE is already making in-roads into the capital markets industry, and we believe that Velocity will play a crucial part in accelerating our growth in this sector, where we can demonstrate a compelling value proposition to reduce costs and risk."

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CUBE Chosen for the Investment Association's 2019 Velocity FinTech Accelerator

By CUBE, May 2019
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<h3>Eight years delivering AI-driven compliance of information assets for global financial institutions makes CUBE #1 for records retention</h3>
<b>London, UK, May 7, 2019 –</b> <a href="http://www.cube.global/">CUBE</a> has been named winner of the globally renowned RegTech Insight Award for 'Best Solution for Records Retention'.

During the presentation ceremony at London's historic Banking Hall, judges recognized CUBE for pioneering a highly creative, enterprise-scale records retention solution that leverages artificial intelligence (AI) to ensure cost-effective compliance, across the records management lifecycle. The firm's extensive multi-jurisdictional customer base is utilizing CUBE to avoid regulatory breaches and enforcement fines.

A purpose-built regulatory intelligence and regulatory change management solution, CUBE maintains a single inventory for required records, provides updates on regulatory change and automatically assesses its impact on records retention policy, by line-of-business and jurisdiction. CUBE also enables compliant cross-border practices and the effective management of legal holds. Records managers can create and distribute policy consistently, across the enterprise.

"In the past, Records Managers have focused primarily on the source of records, the formats they are stored in, where and for how long," commented Nicola Cowburn, Chief Marketing Officer at CUBE. "Retention schedules were established, but records were often retained beyond regulatory requirements, in case they were required for compliance or litigation purposes in the future. Today, the retention of records beyond regulatory obligations is as culpable as disposing of them too soon. As confirmed in Burnmark's recent <a href="https://www.cube.global/resources/regtech-for-information-governance-research-report?type=WhitePaper">RegTech for Information Governance</a> report, heightened focus on data privacy and conflicting regulatory obligations have increased risk for recordkeeping executives operating cross-border. CUBE addresses regulatory complexity by automating information governance processes, enabling risk-based decision-making and continuously <a href="https://www.cube.global/news/how-banks-can-effectively-manage-regulatory-changes">monitoring regulatory change</a>. We are thrilled to receive this award in recognition of our unique capabilities and our long-established record of customer success."

CUBE has been engineered and deployed by experts in information governance, records management and financial services regulation, since 2011.

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CUBE Voted Best Records Retention Solution in 2019 RegTech Insight Awards

<p style="margin-bottom: 12.0pt"><span style="font-size: 10.5pt">CUBE is the world’s most comprehensive and robust source of classified, and meaningful AI-driven regulatory intelligence. CUBE’s purpose-built regulatory AI engine (RegAI) and tech platform (RegPlatform) tracks, analyses, and monitors laws, rules and regulations in every country and in every published language to create an always up to date regulatory footprint, mapping these according to data, transforming visibility and compliance capability.</span></p>
<p style="margin-bottom: 12.0pt"><span style="font-size: 10.5pt">With operations across Europe, North America, Asia, and Australia, CUBE serves a diverse and global base of customers and partners including the largest financial institutions in the world who leverage CUBE’s RegPlatform to streamline their complex regulatory change management and compliance processes. Whether you’re a large, multinational bank, or a small financial organisation with up to a handful of compliance officers, we’ve got a suite of products tailored to you.</span></p>
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CUBE

<p style="margin-bottom: 12.0pt"><span style="font-size: 10.5pt">CUBE is the world’s most comprehensive and robust source of classified, and meaningful AI-driven regulatory intelligence. CUBE’s purpose-built regulatory AI engine (RegAI) and tech platform (RegPlatform) tracks, analyses, and monitors laws, rules and regulations in every country and in every published language to create an always up to date regulatory footprint, mapping these according to data, transforming visibility and compliance capability.</span></p>
<p style="margin-bottom: 12.0pt"><span style="font-size: 10.5pt">With operations across Europe, North America, Asia, and Australia, CUBE serves a diverse and global base of customers and partners including the largest financial institutions in the world who leverage CUBE’s RegPlatform to streamline their complex regulatory change management and compliance processes. Whether you’re a large, multinational bank, or a small financial organisation with up to a handful of compliance officers, we’ve got a suite of products tailored to you.</span></p>
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