For seven years, Paul Bruin and Mukund Goenka worked at PwC, implementing regulatory compliance programs for various large financial institutions.
The processes of identifying the regulations applicable to products and functions were so time-consuming and manual – costing financial institutions billions to upkeep – that Paul and Mukund decided to quit PwC and team up with Pavan Bayyapu, who worked at SAP for over a decade, to build Regology.