{"id":76132,"date":"2021-09-28T08:52:00","date_gmt":"2021-09-28T06:52:00","guid":{"rendered":"https:\/\/cms.munich-startup.net\/?p=76132"},"modified":"2021-09-27T16:35:49","modified_gmt":"2021-09-27T14:35:49","slug":"regtech-startup-alyne-acquired-by-mitratech","status":"publish","type":"post","link":"https:\/\/cms.munich-startup.net\/en\/76132\/regtech-startup-alyne-acquired-by-mitratech\/","title":{"rendered":"Regtech startup Alyne acquired by Mitratech"},"content":{"rendered":"
\n

Alyne offers a modern Governance Risk Compliance (GRC) platform<\/a>, which provides risk analysis methods and intelligent workflows for managing the entire risk lifecycle. It also features an extensive library of compliance content. Access to the platform is offered as software-as-a-service. Alyne was founded in 2015 by Karl Viertel, Stefan Sulistyo, Manuel Reil, and Matthias Danner and is headquartered in Munich. It also has offices in London, Melbourne, and New York.<\/p>\n\n\n\n

\u201cIncreasing overlap between legal and compliance challenges\u201d<\/h2>\n\n\n\n

\u201cThere is increasing overlap between legal and compliance challenges, so there is a real need for an intelligent platform that enables cross-disciplinary integration and oversight,\u201d<\/p><\/blockquote>\n\n\n\n

said Mike Williams<\/strong>, CEO of Mitratech<\/a>The merger of Alyne and Mitratech is intended to bring precisely this groundbreaking solution to the legal, risk, and compliance industry. He further explains:<\/p>\n\n\n\n

\u201cOrganizations now have the opportunity to use AI to instantly uncover and quantify risks, collaborate, increase efficiency, and create unmatched operational resilience.\u201d<\/p><\/blockquote>\n\n\n\n

Karl Viertel<\/strong>, CEO and co-founder of Alyne, says:<\/p>\n\n\n\n

"We are very excited to join the Mitratech product suite. This is a case of the right direction at the right time. The addition of Alyne to Mitratech's portfolio addresses a very real and urgent need for a holistic, cloud-based operational platform that enables users to monitor all legal and compliance risks."<\/p><\/blockquote>\n\n\n\n

As part of the acquisition, Karl Viertel will assume the role of General Manager of the GRC division at Mitratech.<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

Munich-based RegTech startup Alyne has been acquired by Mitratech, a technology partner for legal, risk and compliance, and human resources professionals. 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