FOUNDING YEAR: 2016LOCATION:SwitzerlandREGION:Last Update:Company priority:In fund-raising mode.
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.
MEDICI analysts will analyze Apiax soonOnly standardization with the help of machine-readable rules can help banks to deal with the increasing complexity of global regulations.
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