What is RegTech?Opener
Why is RegTech getting so much attention?Opener
We think that there are two main drivers for the interest in RegTech: ever more regulations and increasingly digital banking services and processes. If you want to dive deeper into the topic, read our blog post on the drivers of RegTech.
Can you guide me to the most important links and resources on RegTech?Opener
Do you know any dedicated RegTech news sources?Opener
What are the main benefits of RegTech?Opener
We identify at least two of them: RegTech solutions allow financial institutions to master regulatory complexity and to focus on business development again. If you’re interested in the details, head over to this blog post on RegTech benefits.
I would like to work for Apiax. Where can I apply and what can I expect?Opener
I’ve seen that you operate from Zurich and Lisbon. Why?Opener
The short of it is that we think that the two cities are both prime locations with very strong workforces and great startup ecosystems. There’s more to the story and you can read all about it in this blog post if you are interested.
What's the story behind the name Apiax?Opener
The name Apiax reflects that we understand ourselves as an API-first company and that our clients are ‘ax’-ing (colloquial expression for ‘asking’) our API for regulatory information.
Which jurisdictions do you cover?Opener
We cover the most relevant global jurisdictions for financial institutions. And we are expanding our digital regulatory rule repository every day. So chances are we’ve got you covered. Book a demo to get all the details. If we don’t have you covered yet, we’ll talk to our content partners and find a solution for you.
Which regulations do you cover?Opener
Our rules clarify which services can be offered in any given licensing regime, covering the following services: social contact, brand marketing, custody and payment services, loans and credit lines, wealth structuring, research services, investment advice and discretionary asset management. Learn all about it on our rules page.
Which financial instruments and asset classes do you cover?Opener
Do I need to buy and integrate new product data?Opener
Not at all. We know that things are complicated and expensive already. That’s why we map our digital rules to your existing data sources to provide a compliant product offering on financial instrument level without the need to integrate additional and costly product data. If your current product data provider does not cover all relevant attributes on ISIN level, we will support you with finding a solution.
Do I preserve full visibility and control over regulatory rules?Opener
Absolutely! We know that financial service providers don’t want to work with black boxes. That’s why we don’t just offer digital regulatory rules provided through our content partners, but also a platform to review and customize these rules or build them from scratch. Naturally, all changes to rules are tracked providing our clients with a powerful audit trail functionality.
Can I assign individual risk appetite to regulatory rules?Opener
Can I cooperate with team members and external workforces?Opener
Of course! Our platform empowers teams to collaborate seamlessly. A modular and flexible role concept guarantees easy collaboration and full access rights management. A unified rule repository and unique visualisations provide regulatory experts with unmatched transparency over rules in action and ensure consistency across even the most distributed teams.
Do you offer a solution for my business?Opener
Any financial institution that has to comply with regulatory requirements can use our solution. We cover both the needs of financial service providers that are strongly active in cross-border business and the needs of financial institutions that tend to work locally. We also offer opportunities for organizations of all sizes.
Do you offer an efficient solution for cross-border compliance?Opener
Yes we do. Depending on your needs, we provide you with the necessary digital regulatory rules. Our platform gives you the opportunity to modify these rules and to adapt them to your risk appetite. And our app allows client advisors to answer even the most complex regulatory questions right on their mobile devices. Read our use case on cross-border compliance and schedule a demo to learn more.
Can I use your solution to expand business activity?Opener
Yes indeed! With digital regulatory rules, expanding into a new business area comes down to subscribing to a new set of market-specific regulations. Financial service providers can work with exactly the regulations they need to offer their services and increase regulatory coverage at the click of a button if they decide to expand their activities. Schedule a demo to learn more.
Can you help client advisors to stay compliant?Opener
The Apiax app provides client advisors with answers to even the most complex regulatory questions right on their devices. It allows them to stay compliant in a domestic or cross-border context. Alternatively, financial institutions can integrate our digital regulatory rules into their processes and tools through our API and core banking adaptors.
Do you add value to my investment advisory services?Opener
Absolutely. With our cross-border rules you always stay on the compliant side when advising your clients in a multi-country context. And our digital tax regulations on ISIN-level allow you to factor the tax impact of financial instruments into your products and services and thus to add real value to your offering. Read the use cases on tax-efficient investing and tax-efficient investment advice.
What is tax-efficient investing and how does it help my clients?Opener
The short answer is: if you really want to optimize investment performance, you need to optimize the tax-adjusted return. Our solution offers an easy and efficient way of doing so. We’ve presented our solution at the Swiss Asset Management Day 2018 and also wrote a blog post on the topic of tax-adjusted investment performance that might answer your questions.