Our mission: freeing the financial sector from regulatory burden.
The EU has become anti-business and pro-bureaucracy.
Brussels talks about “simplification”, yet the numbers tell another story:
- 📜 Over 13,000 new regulatory texts were adopted in the EU over the last five years. The US? 5,500.
- 💶 This administrative burden costs up to €150 billion annually – 1.3% of European GDP.
Financial services are among the hardest hit. That’s where Umbra AI comes in.
In our first phase, we’re focusing on investment firms – proprietary traders, asset/wealth managers, and hedge funds. In the Netherlands alone, they burn over €300 million per year on compliance, with C-suites spending 3x more time dealing with regulation than their US peers.
At Umbra, we’re building the domain-specific AI that keeps financial firms regulator-ready in minutes, not weeks. Handle AFM and DNB requests faster and smarter, while keeping internal documentation up-to-date.
End goal: a simple, standardised model for compliance.
More to come soon.
Umbra Ai