Cleversoft completed the acquisition of CW360 solution of ComplianceWise.

Cleversoft, a provider of cloud based RegTech services to the financial industry, completed the acquisition of CW360 solution of ComplianceWise, the frontrunner in software that helps accountants and tax advisors to comply with Anti Money Laundering laws and regulations. Financial terms were not disclosed. “We are happy to hand over our CW360° to the cleversoft group. The cleverForensicDetection team will be able to explore new opportunities to grow the AI based monitoring platform in the upcoming years. In addition, our clients can enjoy the service and development power of a leading European RegTech group. Being able to become part of the cleversoft group will enable them to enjoy synarchies, bring additional AI knowledge, and grow the company together, while we focus on our core business of providing onboarding solutions for accountants,” Christiaan Dappers, Compliance Wise founder and CEO.