Davies broadens expertise with Worksmart acquisition
4th April 2022Tweet
Specialist professional services and technology business Davies has acquired Worksmart.
The Worksmart product range enables organisations to track and manage employees’ competence, capability and training needs, manage complaints, and assess the quality assurance of advised sales processes using automated case allocation.
Worksmart will join Davies’ technology unit, led by CEO Mark Grocott, with Managing Director Andy Nightingale and all employees remaining in place.
Dan Saulter, Group CEO of Davies, said: “I’m thrilled to welcome Andy and the whole Worksmart team to Davies. The business has an excellent track record of helping financial services and insurance firms strengthen their security and compliance through innovative technology platforms.”
“The growing complexity in the UK regulatory market creates a burden for businesses operating in highly regulated markets. The pace of change in the UK regulatory landscape is quickening and sophisticated RegTech platforms will be essential for regulated entities who want to make the most of the opportunities the changing regulatory landscape brings. The addition of Worksmart’s Accord and Foundation platforms to our growing technology suite enables us to bring a new and exciting market-leading RegTech offering to our 1,000-plus clients globally.”
In recent years Davies has diversified and deepened its Consulting & Technology capability to provide customer experience, resourcing and learning solutions, as well as data and speech analytics.Tweet