Regnology acquires UK-based Metadata Technology
Regnology, a software provider for regulatory reporting solutions, has acquired Metadata Technology, a UK-based provider of statistical data and metadata exchange (SDMX) solutions for central banks and national statistics authorities, for an undisclosed sum.
The acquisition, which will boost Regnology’s tech offering for regulators, central banks and statistical agencies, complements Regnology’s 2021 acquisition of Vizor SupTech, an integrated data collection software used by regulators around the world.
SDMX is an ISO standard designed to describe statistical data and metadata and improve efficient sharing across statistical organisations and institutions.
SDMX is sponsored by seven international organisations and is the most widely adopted standard from international organisations and national statistical offices.
Founded in 2005, Metadata’s software solutions are built on open-source technology, in particular, the Fusion Metadata Registry (FMR).
Its latest piece of software, Fusion Registry, provides international organisations with the capabilities needed to support the complete data lifecycle from collection, integration, storage and processing through to the dissemination of aggregated data.
Maciej Piechocki, chief revenue officer at Regnology, says: “We are committed to pursuing the effort to foster widespread SDMX adoption to alleviate the strain of reporting and further increase statistical processing efficiency.”