Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, announced that it has signed a definitive agreement to acquire Paisley, an industry-leading software provider of governance, risk, and compliance solutions, based in Plymouth, Minn.

Paisley’s Web-based enterprise and SaaS software products enable their customers to automate, manage, and control their internal processes associated with financial regulatory compliance across multiple geographies and jurisdictions in more than 40 countries around the globe.