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Technology news

Regnology acquires Heywood Business Analysts


07 March 2025 South Africa
Reporter: Daniel Tison

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Image: izzuan/stock.adobe.com
Regnology has acquired Heywood Business Analysts, an IT software development company specialising in banking and financial institutions in Southern Africa.

The acquisition will integrate Heywood’s expertise in regulatory reporting and system integration with Regnology’s suite of regulatory, risk, and supervisory technology solutions.

Regnology believes this integration will deliver enhanced value to its clients through a combined suite of solutions and services.

Maciej Piechocki, chief revenue officer at Regnology, says: “[Heywood’s] 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.”

Heywood's customer base includes South African banks such as ABSA, Standard Bank, Discovery Bank, Old Mutual, as well as international banks like Standard Chartered and Deutsche Bank.

DixII, one of Heywood’s main products, is designed to ensure compliance with the South African Reserve Bank's (SARB) Basel 3 requirements by providing regulatory reporting, data validation, and electronic submission of BA returns.

Christopher Strangways-Dixon, CEO of Heywood Business Analysts, adds: “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."
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