Encore Compliance
Founded Year
2023Stage
Acquired | AcquiredAbout Encore Compliance
Encore Compliance specializes in AI technology for the financial compliance sector. The company provides a solution analysis for compliance risks, allowing firms to create a proprietary transcript library for investment research. It primarily serves the financial services industry, enhancing compliance and research processes with AI-driven insights. It was founded in 2023 and is based in Miami, Florida. In July 2024, Encore Compliance was acquired by ACA Group.
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Latest Encore Compliance News
Jul 30, 2024
July 30, 2024 ACA Group , a NYC-based provider of governance, risk, and compliance solutions to clients in the financial services industry, acquired Encore Compliance, a provider of AI compliance software solutions. The amount of the deal was not disclosed. This acquisition enhances ACA’s Managed Services suite of people, processes, and technology, adding AI-enabled surveillance for expert network chaperoning and research calls to help asset managers and investment advisors comply with SEC, FCA, and ESMA regulations. Additionally, this technology can enable research teams to create their own expert libraries and identify potential risks in other voice communications subject to heightened regulatory oversight, aimed to strengthen overall compliance controls. Led by Scott DePetris, Co-Founder, Chairman, and Chief Executive Officer, Encore Compliance enables compliance officers to effectively manage risk with its Generative AI technology and ensures protection against MNPI risks and empowers research teams to build a proprietary research call library. Led by Patrick Olson, Chief Executive Officer, ACA Group is a governance, risk, and compliance (GRC) advisor in financial services. With a global team of 1,250 employees, the company’s approach integrates advisory, managed services, distribution solutions, and analytics with the ComplianceAlpha® technology platform.
Encore Compliance Frequently Asked Questions (FAQ)
When was Encore Compliance founded?
Encore Compliance was founded in 2023.
Where is Encore Compliance's headquarters?
Encore Compliance's headquarters is located at 4300 Biscayne Boulevard, Miami.
What is Encore Compliance's latest funding round?
Encore Compliance's latest funding round is Acquired.
Who are the investors of Encore Compliance?
Investors of Encore Compliance include ACA Group.
Who are Encore Compliance's competitors?
Competitors of Encore Compliance include FundApps and 4 more.
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