Iris Regtech Secures Extension for South African Reserve Bank Software Work Through Strategic Partnership

Iris Regtech has secured an extension for its software work with the South African Reserve Bank (SARB), delivered through its strategic partner Xpert Decisions Systems. This development highlights the company's continued presence in the international regulatory technology market.

Partnership Structure

The software work is being executed through Iris Regtech's partnership with Xpert Decisions Systems, which serves as the implementation partner for the South African Reserve Bank engagement. This partnership model allows Iris Regtech to deliver its regulatory technology solutions in international markets through established local partners.

Market Expansion

The extension with the South African Reserve Bank represents Iris Regtech's ongoing commitment to serving central banking institutions with specialized software solutions. The company's ability to secure contract extensions demonstrates the effectiveness and value of its regulatory technology offerings in the financial services sector.

Strategic Significance

This extension reinforces Iris Regtech's position in the regulatory technology space, particularly in serving central banking institutions. The partnership approach with Xpert Decisions Systems enables the company to leverage local expertise while delivering its core software capabilities to international clients.

The continued engagement with the South African Reserve Bank validates Iris Regtech's software solutions and establishes a foundation for potential future opportunities in the regulatory compliance technology sector.