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SmartRIA Acquires ComplianceHero to Expand Compliance Management Platform
Wednesday 11 September 2019

11 September 2019 - Tennessee, US-based SmartRIA has acquired US ComplianceHero's solution for archiving, retention, and surveillance of email, social media, and websites, including ComplianceHero's software platform, branding, and customer contracts, which will be integrated into the SmartRIA Compliance Management Platform, the company said.
Terms of the transaction were not disclosed.
SmartRIA's expanded business will serve more than 1,500 wealth management firms ranging in size from one-person shops to large firms with over USD 15bn in assets under management.
SmartRIA makes software that simplifies compliance for the wealth management industry.
ComplianceHero automates the collection, archiving, and surveillance of email, social media, and website updates. Its functionality and unique approach simplifies regulatory compliance for financial advisors.
Date Published: 11/09/2019
Target: ComplianceHero
Country: USA
Sector: Computer Software
Type: Corporate acquisition
Status: Closed
Buyer: SmartRIA,  
Terms of the deal were not disclosed