Heywood Business Analysts acquisition strengthens Regnology's regional presence and enhances services for South African and international clients

Frankfurt, Germany, 06 March 2025 - Regnology, a leading software provider with a focus on regulatory reporting solutions, announced the acquisition of Heywood Business Analysts (Heywood), an IT software development company specializing in banking and financial institutions in Southern Africa. This strategic acquisition aims to deliver enhanced value to clients through a combined suite of innovative solutions and services.

Heywood Business Analysts, founded in 1996 by Christopher Strangways-Dixon, originally established itself as a trusted IT partner for Citibank SA and numerous other global and local banking institutions. The integration of Heywood’s expertise in regulatory reporting and system integration with Regnology’s comprehensive suite of regulatory, risk, and supervisory technology solutions will provide clients with unparalleled service and support.  

Heywood's established customer base includes major South African banks such as ABSA, Standard Bank, Discovery Bank, Old Mutual as well as international banks like Standard Chartered and Deutsche Bank. The company is renowned for its innovative solutions, including DixII, their flagship product designed to ensure compliance with the South African Reserve Bank's (SARB) Basel 3 requirements by providing robust regulatory reporting, data validation, and seamless electronic submission of BA returns. Combining Heywood’s solutions with Regnology’s advanced regulatory technology and coverage will the expansion of comprehensive end-to-end reporting solutions, empowering clients to achieve greater efficiency, compliance, and operational excellence while ensuring comprehensive support for South African and international financial institutions. 

“We are thrilled to welcome Heywood Business Analysts to the Regnology family. Their deep expertise in regulatory reporting and strong market presence in Southern Africa will significantly enhance our ability to deliver innovative and client-centric solutions to our combined client base.”

Maciej Piechocki, Chief Revenue Officer, Regnology

"Joining forces with Regnology marks an exciting new chapter for Heywood Business Analysts. This partnership will enhance client service and expand reach across South Africa, leveraging Regnology’s extensive resources and expertise. The dedicated and expert Heywood team will drive continued growth and success in the region."

Christopher Strangways-Dixon, CEO, Heywood Business Analysts