Moving compliance forward with the acquisition of APPC
In our ongoing mission to simplify compliance management, we’re excited to announce the acquisition of APPC, the compliance-focused subsidiary of the Forsides Group. What does this new milestone mean for financial institutions looking to improve their compliance management even further? Let’s take a closer look.
Expanding the collaboration
Over the past five years, we’ve worked closely with the APPC team, building a strong partnership rooted in our common mission: making compliance effortless for financial institutions. Together, we’ve developed flexible, tailored technology to address the unique challenges they face, including anti-money laundering (AML) and counter-terrorist financing (CTF). With this acquisition, APPC’s retains its expertise and brand identity, now enhanced by an expanded range of our signature Harmoney tools and platform modules.
Why this step matters for financial institutions
Regulatory compliance has never been more organisation-critical and complex. Combined with other key challenges in the financial sector, financial players are increasingly seeking cost-effective, future-proof solutions to ease the compliance burden. Smart technology platforms that blend technological capabilities, deep regulatory expertise and AI-assisted tools are essential in combating these issues and gaining a competitive advantage. By joining forces, we’re able to deliver an even more all-encompassing platform with Harmoney that makes compliance smooth, seamless and more dependable than ever.
Comprehensive coverage and integrated compliance expertise
The APPC brand will remain intact and its services will be expanded and improved upon through Harmoney’s offerings. This gives APPC customers access to a broader suite of tools and services that help them to achieve top-tier compliance. At the same time, our clients know better than anyone that our platform isn’t just about advanced technology – it’s powered by the deep expertise of our teams, who keep refining every module to provide the most cost-efficient approach to compliance that provides comprehensive coverage for all types of end customers that financial players have – including the most complex corporate structures.
Next step: expanding the Harmoney network
The acquisition brings APPC into Harmoney’s growing network, which already features prominent industry leaders like MACIF (Aéma Groupe), Swiss Life and ALD (Société Générale). “Our long-standing partnership with APPC has paved the way for this exciting new chapter,” says Thomas Van Maele, CEO of Harmoney. “By integrating all regulatory processes onto a single platform, we’re able to merge advanced technology with expert support from two expert teams that share the same values and dedication to compliance.”
Existing partners of the Harmoney and APPC network are ensured that their organisation can strengthen their competitive edge in an increasingly complex and dynamic regulatory environment. With plenty of new updates and collaborations on the horizon, we’re ready to help every financial organisation stay ahead of the curve.
Harmoney offers a cutting-edge digital platform that streamlines intricate onboarding and compliance procedures, featuring automated screening functionalities. Interested in discovering more about our innovative solution? Reach out to us for further details!