Regnology, a Frankfurt, Germany-based software provider with a focus on regulatory reporting solutions, acquired Metadata Technology, a Godalming, UK-based provider of Statistical Data and Metadata eXchange (SDMX) solutions for central banks and national statistics authorities.
The amount of the deal was not disclosed.
This new acquisition enhance Regnology’s offerings to serve the community of regulators and regulated financial institutions.
Led by Founder and CEO Chris Nelson, Metadata Technology aims to provide consultancy and software tools in support of SDMX. SDMX is an ISO standard designed to describe statistical data and metadata and improve efficient sharing across statistical organizations and institutions. It is the most widely adopted standard from international organisations and national statistical offices. Metadata’s software solutions are built on open-source technology, in particular, the Fusion Metadata Registry (FMR), which currently empowers over 450 statistical agencies in 150+ countries with structural SDMX metadata registries. The latest generation of its cloud-enabled commercial software, Fusion Registry, provides international organizations with the additional capabilities needed to support the complete data lifecycle from collection, integration, storage, and processing through to the dissemination of aggregated data.
Regnology works to bring safety and stability to the financial markets. With an exclusive focus on regulatory reporting, more than 34,000 financial institutions, 50 regulators and tax authorities using its solutions, the company is positioned to bring data quality, efficiency and cost savings to all market participants. The company has over 800 employees in 15 countries.
FinSMEs
05/05/2023