MyComplianceOffice to acquire Schwab Compliance Technologies.

MyComplianceOffice, a provider of compliance management software that enables companies around the world to reduce their risk of misconduct, agreed to acquire Schwab Compliance Technologies, a provider of cloud-based compliance automation software for the financial community. Financial terms were not disclosed. “We are excited to welcome SCT, its team and customers to the MCO family. Following the deal close, this acquisition will be a great fit as we share many values, and our teams share a common vision. First and foremost, a commitment to support our customers as they navigate the increasingly complex and demanding field of conduct risk and conflict of interest compliance. We believe that, by combining SCT’s client experience and wide domain knowledge with MCO’s functionality-rich technology platform, we can bring together the best of both firms’ offerings, ensuring our customers benefit from best-in-class KYE compliance,” Brian Fahey, MCO CEO.