RegTech Open Project Joins the LSEG's Main Market

(Source: LSEG)

The London Stock Exchange (LSEG) announced last Friday (August 25) that RegTech Open Project plc (RTOP), a technology company specialized in the automation, management and optimization of regulatory compliance operations, has joined the Main Market by way of a Direct Listing.

Following the successful listing, RTOP can now support the global launch of its Orbit Open Platform and a SaaS solution, helping its customers keep a competitive advantage in an uncertain market, maintain a stable operating environment, and improve compliance.

Earlier this month, LSEG CEO David Schwimmer revealed that the exchange is working with Microsoft and several banks to create "bespoke large language models,"​ using artificial intelligence models to take advantage of its vast amount of data. In the middle of the month, LSEG also announced the appointment of Irfan Hussain​ as its next Chief Information Officer, succeeding current Group Chief Information Officer Tony McCarthy who will retire in early 2024.