The latest mergers, acquisitions and other corporate actions in the wealth management sector.

CUBE, Thomson Reuters, Oden
CUBE, a provider of automated regulatory intelligence and regulatory change management, has completed its purchase of the Thomson Reuters Regulatory Intelligence and Oden businesses. 

CUBE’s global customer base will expand to total about 1,000 customers in banking, insurance, asset and investment management, payments and adjacent regulated industries. 

The definitive agreement, the terms of which were not disclosed, was originally announced in May 2024.

In March last year, the London-headquartered firm secured a "significant" investment from Hg, which invests in European and transatlantic software and services businesses.

“Thomson Reuters is best known in the industry for providing regulatory analysis and subject matter expertise combined with world-leading journalism and news,” Ben Richmond, CUBE’s founder and CEO, said.

“The powerful combination of CUBE’s AI and the years of human generated content curated by Thomson Reuters Regulatory Intelligence and Oden subject matter experts sets us apart in the industry,” he said 

Since the Hg partnership, CUBE has now completed two US-based acquisitions across three businesses.