Veriphy were founded in 2007 by a team of professionals who were collectively frustrated by the inflexibility of the compliance market. Plagued by contractual obligations, minimum usage quotas and expensive subscription fees – their compliance management systems became a costly burden. Sick of the chronic headache of compliance, the team sought a solution – one that would act as an enabling tool rather than a costly drain of resources and allow regulatory professionals, from start-ups to corporate giants, to remain fully compliant whilst retaining commercial flexibility.