Droit, a regulatory compliance platform used by major banks, raises $23M

Droit, a regulatory compliance platform used by finance heavyweights such as Wells Fargo, Goldman Sachs, and UBS, has raised $23 million in a Series B round of funding.
Founded out of New York in 2012, Droit serves to bolster financial institutions’ trading decision-making by integrating regulatory knowledge into the pre-trade process, highlighting key information on things like whether the transaction is allowed according to the regulations of each market as well as internal policies, ensuring that all obligations are met.
Additionally, Droit caters to the post-trade phase through vario

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