Draft:My Compliance Office (MCO)

MCO (MyComplianceOffice) is a RegTech that provides compliance management software enabling companies around the world to manage regulatory obligations and reduce their risk of misconduct. With over 1M users globally, MCO has built a long-term compliance platform that fits the needs of capital market firms of all sizes.

History

MyComplianceOffice was established in 1998 as a software solution developed by Fidelity Investments subsidiary TerraNua. Under the leadership of CEO Brian Fahey, the company was spun off in 2008 with the goal of providing the financial services industry with a singular product that automates risk and compliance and eliminates the need for multiple systems.

In 2019 the company opened an office in Singapore to support the continued growth and development of MCO’s Asia Pacific operations.

= MCO acquired funding from Accel-KKR Credit Partners in 2021 and 2022 = MCO has offices in Dublin, New York, Chicago, Fort Worth, London, Singapore and Hyderabad. The company supports 1300+ customers across 105 countries.

Products (MCO )MyComplianceOffice provides compliance solutions that monitor employee stock trading, manage material non-public information, analyze vendor risk, and perform other key compliance requirements for financial services. The MyComplianceOffice platform offers firms a singular source of data and four solution suites comprised of twenty products on an integrated platform. Know Your Employee manages areas of employee compliance. Know Your Transactions automates transactional compliance, Know Your Obligations manages compliance oversight and regulatory compliance and Know Your Third Party automates third party due diligence.

Acquisitions

In October 2021 MCO acquired Governor Software, adding visual mapping of global regulations and the ability to map, track, execute and report on a firm’s compliance obligations to the MyComplianceOffice platform.

In March of 2020 MCO acquired Schwab Compliance Technologies (SCT) to accelerate company growth. With the acquisition of SCT, MCO almost doubled its client base.

In July of 2023 MCO acquired eComms compliance provider Fairwords, adding sophisticated communications surveillance and archiving capabilities to the Know Your Employee solution.

Awards and Recognition

MCO is a perennial winner of industry awards, with recent recognition including:


 * Chartis RiskTech 100 2024
 * RegTech 100 2024
 * Financial Services Dublin Best Compliance and RegTech Solution 2023
 * Deloitte Ireland Fast 50 2023
 * Asia Matters Financial Services and Fintech Exporter of the Year 2023
 * A-Team Insight Best Regulatory Change Management Solution EMEA 2023
 * FinTech Breakthrough Awards Best Compliance Management Solution 2023
 * RegTech Association US RegTech of the Year 2023
 * IBEC Technology Ireland Industry Awards 2022: Technology Company of the Year​