Intapp, a provider of cloud software for the professional and financial services industry, has bought Paragon Data Labs, a cloud-based employee compliance software services company.

The employee compliance service uses technology to monitor, identify and management employee adherence to firm policies in a centralized location. It combines personal trading oversight, employee disclosures and attestation management to help firms with regulations and protect against risk.

“Paragon’s capabilities will let us address personal regulatory requirements such as SEC code of ethics, personal independence, and employee trade monitoring, and—in combination with our existing risk and compliance solutions—provide a comprehensive compliance solution for our clients,” says Nigel Riley, general manager of risk and compliance at Intapp.