• Cube has acquired AI-driven operational risk firm Acin
• The deal enhances Cube's regulatory controls data network and analytics capabilities
• Acin enables digitized non-financial risk analysis across financial institutions
• The acquisition creates a data-first, end-to-end compliance platform
• Supported by major global banks including Barclays and JP Morgan
• Aims to accelerate AI innovation and lower compliance costs
• Follows Cube's earlier acquisitions of Thomson Reuters Reg Intelligence and The Hub
• Cube now serves 1,000 customers in 20 countries
• The firm plans to add 200 jobs following its new HQ launch

In a move that could redefine how financial institutions approach risk and compliance, London-based regulatory technology leader Cube has acquired Acin, a fellow London firm specializing in AI-driven operational risk solutions.

While the financial details of the deal remain undisclosed, its strategic implications are already reverberating across the RegTech landscape.

Acin brings with it a proven regulatory controls data network, advanced analytic capabilities, and a platform that allows institutions to digitize their non-financial risk analysis with precision and agility.

Its technology calibrates control data and facilitates secure benchmarking and best practice sharing between major financial institutions – a capability increasingly vital in a world of evolving regulatory scrutiny.

“This is a significant step forward in how financial services firms across the globe can take a truly integrated approach to their compliance and risk management,” said Ben Richmond, CEO of Cube.

The combined offering, he added, will give clients a data-first, end-to-end platform – something that until now has largely been missing from the compliance and operational risk toolkit.

More than just a merger of technologies, the acquisition marks the start of a broader industry collaboration.

Backed by giants such as Barclays, BNP Paribas, Citi, JP Morgan and Lloyds, Cube’s expanded global consortium will focus on accelerating AI innovation, driving down compliance costs, and raising risk standards across the sector.

The aim is not just to digitize compliance but to rethink it entirely – with AI, data intelligence, and collaboration at the core.

Cube’s acquisition of Acin is the latest in a flurry of aggressive strategic buys. Over the past 18 months, the company has added Thomson Reuters Regulatory Intelligence and Oden to its portfolio, acquired New York-based Reg-Room, and integrated AI-powered data capture specialist The Hub.

The cumulative effect is a RegTech powerhouse that now serves more than 1,000 customers globally, operates in 20 countries, and boasts a team of 700 employees – figures that continue to grow.

Last month, Cube unveiled its new global headquarters in the heart of London and pledged to create 200 more jobs over the next year. With this latest acquisition, the firm is signaling its intent to lead not only in scale but in shaping the future of digital compliance.

At a time when financial institutions face surging regulatory expectations, rising non-financial risk exposures, and mounting pressure to do more with less, Cube is betting that end-to-end integration - with Acin’s AI at the center – will give firms the tools to stay both agile and audit-ready.