Apiax provides a digital compliance management platform to enable external legal experts and in-house legal and compliance teams at banks and FinTech companies, to collaborate and manage regulations digitally. The platform consists of digital rule sets, which are kept up-to-date and verified; and, a regulatory cockpit for legal and compliance teams to manage regulatory updates, review and deploy them. The rule engine is based on machine-learning practices and is infrastructure independent, running in a private or public cloud. The rules can be integrated into any system or process over an API.
Apiax is a Swiss RegTech start-up, building powerful tools to transform complex financial regulations into digital compliance rules, which are constantly up-to-date and verified. The rules are consumable via an App or can be integrated directly into banking processes through an easy-to-use API. Its cutting-edge technology provides legal and compliance teams with full visibility and control over their digital rule sets and empowers client advisors to serve their clients more efficiently and in a fully compliant manner.
PRODUCTS & SERVICES:
Apiax helps banks, asset managers or FinTech Startups, to transform complex regulations into digital compliance rules and manage regulations.
PRODUCTS & SERVICES:
Apiax Platform: a unified workbench allowing to access, edit, deploy and execute the digital regulatory rules.
Apiax API: an easy-to-use API for integrating the rules into any appliation or process.
Apiax App: a convenient native mobile App for client advisors to access the rules with a click-of-a-button.
Apiax Rules: ready-to-use rule sets, always kept up-to-date and verified by premium partners. Covering following fields: Financial activities, financial instruments, tax, disclaimer and data protection.
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TOP PROBLEM SOLVED:
Financial institutions are facing mounting pressure from regulators. The ever-growing list of industry regulations disregards national borders and impacts financial institutions worldwide. The increasing number of regulations is only one element of the challenge. Another significant issue is the inconsistent interpretation and implementation of regulatory subjects across jurisdictions. And this wave of regulatory challenges won’t stop, resulting in surging compliance costs, increased operational business risks and a deceleration in innovations. We believe there is a need for a paradigm shift in the industry on how external experts and internal legal & compliance teams collaborate. Managing regulations must become fully digitised in order to manage today's complexities in the industry.