Wilmington

What Wilmington does

Wilmington plc (LSE: WIL) is a UK-listed RegTech services group operating in the Governance, Risk and Compliance market through a portfolio of specialist brands that deliver Information & Data alongside complementary Training & Education. Core brands include the International Compliance Association (ICA), which has trained more than 130,000 regulatory and financial crime compliance professionals across 152 countries and awards qualifications in association with Alliance Manchester Business School; Axco, which provides subscription-based insurance industry intelligence; Astutis and Phoenix, focused on health, safety and environmental training; Mercia and Pendragon in UK professional training; and Conversia, the Spanish data privacy compliance platform serving 3.2 million SMEs, acquired in December 2025. Wilmington operates from Birmingham-headquartered UK offices and international locations in Singapore, Dubai, Hong Kong, Kuala Lumpur, Charlotte (USA) and Girona (Spain).

Underlying the brand portfolio is a single proprietary RegTech platform with embedded AI that the CEO describes as the product of a six-year transformation from a divisional media business into a tightly integrated GRC services group. The platform supports digital-first data and information assets alongside digital learning products, and is positioned as the integration layer across Information & Data and Training & Education.

The business model is dominated by subscription, membership and recurring training revenues (73% of ongoing revenues in H1 FY26, up from 71% in H1 FY25) with high renewal rates. Customers span regulated sectors including financial services, regulatory authorities, law enforcement, energy, betting & gaming, telecoms and pharmaceuticals, distributed across enterprise contracts, accredited in-house training, public training, and large-volume SME self-service software (Conversia). Go-to-market is direct enterprise sales supported by customer advisory groups, with brand-led content marketing and a university-affiliated credentialing engine as the principal demand-generation moat.

Name

Wilmington

Legal name

Wilmington plc

Website

https://wilmingtonplc.com

Company type

Public

Founded year

1995

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Wilmington plc is a UK-listed GRC RegTech services group delivering information, data, and training solutions to regulated sectors worldwide through brands including ICA, Axco, Astutis, and Conversia across 150+ countries.

Ownership category

akta.pro rank

Product category

Governance, Risk and Compliance (GRC) RegTech Services

akta.pro primary industry

Governance, Risk & Compliance (GRC) Platforms (BPAEAPAA)

akta.pro secondary industries

Regulatory Change, Governance & Compliance Management (GRC) (FSACAJAK), Risk, Controls & Governance (GRC) Platforms (FSAFAOAG), Privacy, Consent & Data Protection Management (BPAEAPAF), Compliance Technology, GRC Platforms & Controls Automation Advisory (BPAHAFAO)

Keywords

• Regulatory compliance training
• Governance risk compliance
• Information data services
• Professional education
• Data privacy compliance

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices12 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Subscription and Membership Revenues: High proportion of recurring subscription and membership revenues with high renewal rates across the portfolio of businesses including ICA, Axco, Astutis, and others. Repeat revenues represent 73% of ongoing revenues (H1 FY26).
2. Training and Education Services: Professional education, public training, and in-house training services delivered through businesses like ICA and Astutis, covering sectors including financial services, regulatory compliance, health, safety, and environmental training.
3. Information and Data Services: High quality information and data solutions provided through specialist intelligence businesses serving regulated sectors.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Wilmington plc is a Governance, Risk and Compliance (GRC) RegTech services group that provides high quality Information & Data solutions alongside a complementary range of Training & Education services. The group operates through a portfolio of specialist brands including ICA, Axco, Astutis, Conversia, Bond Solon, FRA, Mercia, Phoenix and Pendragon, all underpinned by a single proprietary RegTech platform with embedded AI capabilities.

Product overview

Wilmington plc is a GRC (Governance, Risk and Compliance) RegTech services group providing high quality Information & Data with a complementary range of Training & Education solutions. The portfolio consists of a single proprietary RegTech platform with embedded AI, supporting multiple distinct brands: ICA (professional qualifications and training for regulatory and financial crime compliance professionals), Astutis (health, safety, and environmental training acquired 2023), Axco (insurance information services), Conversia (Spanish data privacy compliance software for SMEs acquired 2025), along with Bond Solon, CLTI, FRA, Mercia, Phoenix, and Pendragon (various training and information service brands). The company operates across UK, Spain, France, Ireland, USA, Dubai, Singapore and Hong Kong.

Differentiator

Problem solved

Functional benefit

Brands

• ICA (International Compliance Association): Professional body for the global regulatory and financial crime compliance community, providing internationally recognised professional qualifications in association with Alliance Manchester Business School.

Products and services

• ICA (International Compliance Association) Leading professional body for the global regulatory and financial crime compliance community, providing internationally recognised professional qualifications and accredited in-company training. Has enhanced knowledge, skills and behaviour of over 130,000 regulatory and financial crime compliance professionals in 152 countries.
• Axco Insurance information services business providing subscription-based insurance industry intelligence and information services.
• Astutis Health, safety, and environmental training provider established in 2011, specialising in NEBOSH qualifications and environmental compliance training, serving the GRC markets.
• Conversia Spanish RegTech company specialising in data privacy compliance software for SMEs with proprietary documentation generation solutions. Market leader in Spain's GRC sector, serving 3.2 million SMEs with over 70% annually recurring revenues.
• Bond Solon Legal training and information services brand within Wilmington's GRC portfolio.
• Mercia Health and safety training provider operating from Leicester, UK (Thorpe Way Grove Park, Enderby).
• Phoenix Health and safety training services brand operating from Cannock, Staffordshire.

Quantifiable outcome

• 73% of revenues are repeat/recurring revenues
• +2 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature1 record

Partnerships

Three partnerships are on record, tiered minor and core.

• Osborne ClarkeminorImplementation/ SI/ Consulting Partner · 23 November 2023Osborne Clarke provided legal advisory services to Wilmington plc on the acquisition of Astutis Limited for up to £21.5 million. Osborne Clarke is an international law firm advising on corporate transactions.
• Alliance Manchester Business School, University of ManchestercoreStrategic or Co-development PartnerICA awards its internationally recognised portfolio of professional qualifications in association with Alliance Manchester Business School, the University of Manchester. This is a core partnership for the ICA professional qualification program.
• Regulators and Local Compliance AssociationscoreStrategic or Co-development PartnerICA seeks global partnerships and alliances with regulators, firms and local compliance associations to demonstrate tangible benefits of investing in staff for compliance professionals.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• BPP Professional Education: UK-based professional training and qualifications provider (legal, finance, healthcare). Comparable to Astutis and ICA as a competing regulated-sector training and certification business.
• SAI Global: Provider of compliance, risk, and training solutions including ethics & compliance learning and risk management platforms. Directly comparable to Wilmington's ICA/Astutis training and Bond Solon legal training offerings.
• NAVEX Global: Specialist governance, risk and compliance (GRC) software provider focused on ethics, compliance, and risk management for the enterprise. Closely comparable to Wilmington's regulated-sector GRC platform ambition and professional training adjacencies.
• OneTrust: Privacy, security, and governance software platform serving enterprises and increasingly SMEs. Directly comparable to Conversia's data privacy compliance offering, both targeting regulated-document generation and consent/privacy management.
• Dow Jones Risk & Compliance: Provides KYC/AML, sanctions, and compliance data on subscription, plus regulatory news intelligence. Comparable to Axco's subscription intelligence model serving regulated financial services customers.

Broad incumbents

• Wolters Kluwer: Global information services and GRC software provider (ELM Solutions, Compliance One). Highly comparable as a publicly listed, multi-vertical RegTech and compliance information group serving regulated industries with a mix of subscription data and workflow software.
• LexisNexis Risk Solutions (RELX): RELX-owned provider of regulatory data, KYC/AML, compliance screening, and risk intelligence on a subscription basis. Directly comparable to Wilmington's Axco and ICA businesses in serving regulated customers with high-recurring data products.
• Thomson Reuters: Provides regulatory intelligence, compliance learning (Regulatory Intelligence, Compliance Learning), and legal information on subscription. Comparable to Wilmington's dual Information & Data + Training & Education model serving financial services compliance professionals.
• Informa (Intelligence division): FTSE 100 events, intelligence, and professional training group with a specialist intelligence division focused on regulated industry content. Comparable to Wilmington's portfolio model of vertical-focused content, training, and data brands.

Emerging players

• LogicGate: Cloud-native GRC platform (Risk Cloud) for enterprise risk and compliance workflows. Comparable in category but at smaller scale and narrower focus than Wilmington's broad GRC services portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/wilmingtonplc
• YouTubeyoutube.com/@wilmingtonplc3322
• LinkedInlinkedin.com/company/wilmington-group-plc
• Facebookfacebook.com/Wilmingtonplc

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A18 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Wilmington