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FAQs for CUBE customers and partners following the acquisition of The Hub
Following the news that CUBE has acquired The Hub, we have listed answers to questions you may have.
Q. What does The Hub do?
The Hub is a leading RegTech firm providing highly innovative artificial intelligence solutions for capturing and monitoring unstructured data across the regulatory internet. The Hub uses AI-driven technology to manage regulatory change and reduce risk whilst saving time and costs.
Working with legal, financial, and pharmaceutical firms and RegTech providers across the globe, The Hub applies artificial intelligence techniques to huge volumes of unstructured data from across the web with core competencies that include topic-based classifications, relevance calculations, article versioning, indexing and data analysis tools which enable streamlined delivery of new or updated regulatory content. For more information, visit www.thehub.ai or follow us on LinkedIn.
Q. Why did CUBE acquire The Hub?
CUBE is committed to providing the industry’s most advanced regulatory compliance technology to enable its customers to transform manual processes and base their strategies on a proven, purpose-built platform. The acquisition of The Hub will further CUBE’s capabilities and market reach to provide the most innovative solutions to regulated firms across the globe.
The acquisition follows CUBE’s recent strategic growth investment from Bregal Milestone to support CUBE’s next phase of growth for further geographical expansion and to extend CUBE’s technology edge.
Q. What does it mean for CUBE customers and partners?
CUBE will seamlessly integrate The Hub technology with its market-leading RegPlatform to provide additional capabilities for customers to automate their regulatory compliance processes, reducing risk and compliance operating costs.
The current macro environment creates uncertainties for newer, less proven market entrants so it is ever more important that customers can be confident in selecting the right partner to support their long-term regulatory compliance strategy. CUBE’s vision and proven track record as the category-defining RegTech leader for ARI and strategic provider of choice to the world’s most highly regulated institutions, gives customers assurance that CUBE is here to partner with them in the long term.
Q. What can we expect next?
The acquisition of The Hub marks the first in what is expected to be a number of purposeful acquisitions for CUBE as a consolidator of regulatory compliance-focused firms and technologies in what is a highly fragmented RegTech market. The Hub’s team and solutions are best in class and represent many synergies with CUBE’s own capabilities.