Founded by a legal counsel

Linda Hellström is a Swedish legal counsel who started to work with global distribution of funds at East Capital Asset Management AB in 2005. She negotiated hundreds of distribution agreements and ended up as CEO of the company a few years later. She realized that much could be done to speed up the process for signing distribution agreements.

She moved on and worked as a compliance officer for different types of licensed institutes. Linda became a key person in due diligence processes between asset management companies and distributors of funds. She filled out hundreds of due diligence questionnaires and lead a large number of on-site due diligence meetings. A very time-consuming process since information was shared with one company at a time.

At the end of 2015 she started thinking about ways to share the same information with all of your partners. To create a compliance tool that will help you ask the right questions in relation to a certain type of due diligence. Last but not least, a tool to document your controls and get proof of compliance.

 

Development driven by compliance expertise

Susanna von Langsdorff is a Swedish legal counsel based in Paris. She started working with Linda at East Capital in 2006. She moved to the office in Paris and worked a lot with East Capital’s activities in Luxembourg.

In 2015 she moved on and started working as a compliance officer on a consultancy basis. Susanna worked with many different types of companies, mainly in France and the UK.

The former colleagues met up in Paris in 2017. They decided to do this together and today Susanna is in charge of our development team and she is also a partner of GRC WATCH.

Susanna is an expert on rules related to product governance and target market reporting. She has lead our development of services within this area so we recommend a web demo with her about that.

 

Development driven by compliance expertise

Susanna von Langsdorff is a Swedish legal counsel based in Paris. She started working with Linda at East Capital in 2006. She moved to the office in Paris and worked a lot with East Capital’s activities in Luxembourg.

In 2015 she moved on and started working as a compliance officer on a consultancy basis. Susanna worked with many different types of companies, mainly in France and the UK.

The former colleagues met up in Paris in 2017. They decided to do this together and today Susanna is in charge of our development team and she is also a partner of GRC WATCH.

Susanna is an expert on rules related to product governance and target market reporting. She has lead our development of services within this area so we recommend a web demo with her about that.

 

Born Global

GRC WATCH is a Swedish RegTech company with a mission to disrupt the process for due diligence in the financial sector. Our current focus is placed on due diligence on asset managers and distributors of funds.

We focus on B2B due diligence which is required by laws and international regulations like EU directives. Our services can be used for due diligence on institutional clients but our prime focus is on companies who are involved with distribution of funds on the “sell side”. Companies like product suppliers (e.g. fund managers), distributors (e.g. banks) and different types of intermediaries in the distribution chain (e.g. fund platforms and advisory firms).

We are born global since our clients work with asset managers and distributors in many different countries. We were therefore selected by Business Sweden as a member of their “Born Global” initiative. A governmental program to support the global expansion of Swedish FinTech companies.

Independent community

When starting this company, we decided to focus initially on due diligence between asset managers and distributors of funds. Partly because these types of companies are obliged to perform due diligence on each other. Partly because this was a very manual process in need of a solution which would make it possible to co-operate in a better way.

We believe it is a key to our success that we are truly independent. We are not involved in distribution of financial instruments on the “sell side”. Any company can have a profile in our community with no conflict of interest.

We offer inspiration for risk assessment but we do not offer advice on the risk in relation to a specific company. The final decision about the risks will be made by you and this is in accordance with the requirements in law.