CUBE Launches New Headquarters and AI Innovation Hub in London

A Beacon of Innovation: CUBE's New HQ and AI Lab

CUBE, a prominent player in the realm of Automated Regulatory Intelligence and Regulatory Change Management, has officially inaugurated its new global headquarters situated in the historic City of London, particularly in the visually striking Tower 42. This relocation serves as a testament to CUBE's rapid expansion, reflecting a remarkable growth trajectory marked by doubling its revenue, staff, and operational regions over the past year.

As Ben Richmond, the Founder and CEO of CUBE, proudly stated during the launch, the choice of the City of London for their HQ is strategic, aimed at leveraging the city's stature as a premier tech hub renowned for its vibrant advancements in AI and innovation. The new headquarters symbolizes not just a physical move but is also a crucial step in reinforcing their global operations and footprint within the tech ecosystem.

At the heart of this ambitious venture is the groundbreaking AI Centre of Excellence, named the RegBrain AI Lab, which represents a multi-million-pound investment aimed at enhancing innovation and integrating AI into regulatory compliance and risk management across various sectors, particularly within financial services.

In addition to their advanced technical facilities, the new headquarters is designed with collaboration in mind. The inclusion of spaces like the RegTheatre and RegCinema aims to promote interactive engagements with clients and industry peers, emphasizing the role of AI in compliance and risk management practices.

Job Creation and Economic Impact

In line with their growth strategy and to support expanding operations, CUBE has also committed to generating approximately 200 new jobs within the upcoming year, with a significant portion of these opportunities anticipated to be in the UK. This commitment underscores CUBE's belief in nurturing local talent and strengthening its workforce in a reputable tech environment.

CUBE’s impressive growth over the last year also aligns with its strategic partnership with Hg, a leading investor in European software and service sectors. This partnership has been instrumental in fueling CUBE's success narrative, which includes reaching a clientele base of 1,000 customers globally and expanding their employee count to around 700 across 20 countries. The year has also seen CUBE make substantial acquisitions in the U.S., with two notable agreements finalized, further solidifying its position in the regulatory technology market.

Innovating Regulatory Technologies

CUBE has consistently been at the forefront of the RegTech industry since its inception in 2011, collaborating with major financial institutions worldwide. Their platform aids organizations in streamlining intricate regulatory intelligence and change management processes. Recently, CUBE launched the RegPlatform™ Intel, a dedicated solution enabling mid-market financial services firms to maintain compliance amidst the evolving global regulatory framework.

Richmond reiterated CUBE's vision for the future, highlighting the aim to redefine workplace dynamics, emphasize collaborative efforts and technological advancements. The RegBrain AI Lab is positioned to lead innovations in AI, ensuring that CUBE remains responsive and agile in offering solutions amid the fast-paced shifts in global regulatory landscapes.

In summary, the new global headquarters and AI Centre of Excellence not only signify CUBE's extraordinary growth and ambition but also its commitment to advancing technology in critical sectors, ultimately aiming to reshape the future of regulatory compliance and management.