Kuberno’s global entity management platform Kube integrates with Cytec’s Insidertrack to further enhance productivity and data integrity for users.
Kuberno and Cytec have today joined forces to deliver a connected and streamlined experience for governance professionals.
Launched by Kuberno, Kube is a global legal entity governance platform that enables companies and all their stakeholders in all jurisdictions to work collaboratively to ensure efficient and effective entity governance. It creates a single source of truth around entity data, including directors’ interests and those of their connected persons, and is used by household names within the FTSE 100; the Big Four in the UK; and global clients in the US, EMEA and APAC regions. Insidertrack by Cytec helps organisations manage insider lists and share dealing approvals for directors and is already used by almost half of the FTSE 100.
This latest development sees the integration of the two market-leading solutions, which will deliver first to market functionality, powered by Kube’s single source of truth and delivered through Insidertrack’s approvals workflow. It will allow governance professionals to share data seamlessly and securely with stakeholders, resulting in enhanced productivity, heightened data integrity, more valuable insights and streamlined processes. It will also reduce administrative burdens and duplicated effort, freeing up time for more “value add” and strategic activities.
The integrated platform will initially benefit UK- and European-listed clients in managing their Market Abuse Regulation (MAR) obligations and ensuring they maintain a single source of truth around directors’ details and interests. Kube and Cytec are also looking at supporting US-listed clients in managing their equivalent obligations.
“Our vision at Kuberno is to build a governance technology ecosystem, with Kube as the beating heart, connecting best-in-class solutions to deliver a connected and streamlined experience for our fellow governance professionals. Our collaboration with Cytec is the first step in bringing our vision to life. “
Jay Dodd, Co-Founder and Chief Commercial Officer of Kuberno, continued:
“We have always believed in the power of collaboration. One player cannot build an effective ecosystem, so bringing two of the leading players in governance technology together for the first time is the catalyst for the ‘Big Bang’ in evolving the governance technology universe. We are excited to see where this leads.”
In April 2023, Kuberno announced the completion of a £3.5m Series A financing from Nasdaq Ventures and the launch of a commercial partnership with Nasdaq Governance Solutions. The partnership includes a planned product integration into Nasdaq’s suite of governance solutions to help drive efficiency for corporate secretary teams as they navigate increased focus from regulators and investors on entity management.
Kuberno is a global legal entity SaaS provider for corporate secretaries, legal teams, and governance professionals. Its Kube platform empowers governance professionals to make data-driven decisions through its collaborative, accessible, and adaptable approach.
Cytec is a leading provider of governance technology solutions, including Insidertrack, a market-leading insider list management solution.