EveryMatrix has signed terms to use Complitech, a compliance database supplied by ComplianceOne Group’s Maxima Compliance holding.
Complitech provides users with updated and technical compliance requirements from over 50 regulated global jurisdictions as well as gap analysis tools to assess the workload of new market entries
This is based on the markets where a product is already live, with the goal of boosting both operators and suppliers ability to maintain compliance with regulations across multiple territories.
Mina Bolînu, Lead Technical Compliance Officer at EveryMatrix, said: “We are delighted to start using the services provided by Maxima Compliance that will improve our throughput and accuracy in navigating our industry’s constantly changing regulatory landscape.”
EveryMatrix’s need to keep track of shifting regulatory compliance requirements has increased as the firm continues to scale its operations globally, such as securing Swedish and Isle of Man licences this year.
The B2B betting and gaming supplier – headquartered in Malta – distributes igaming software, solutions, content and services for betting, casino, payments and affiliate-agent management across the EMEA region and in the US.
For ComplianceOne, the deal marks the latest in a series of key developments for the firm, with the London-based group recently joining the Netherlands Online Gaming Association (NOGA) and hiring three new Senior Managers.
Miriam McCoull, Head of Complitech at Maxima Compliance, added: “We’re really honoured to see a supplier as respected as EveryMatrix place Complitech at the heart of its approach to technical compliance.
“The Complitech database is trusted by those looking to achieve both excellence and efficiency across their compliance function. With new markets and functionality added on an on-going basis, it is a must-have tool for suppliers in regulated markets.”