The finalists of the Swiss Fintech Awards 2019 have been named, with Apiax under consideration for “Early Stage Startup of the Year”. The regtech outfit combine regulatory and legal expertise with technology to transform complex regulations into digital regulatory rules, to manage regulations in a truly digital way.
Their service, regtech-as-a-solution, delivers binary answers to complex regulatory questions and across multi-jurisdictional issues. While content-agnostic, relevant use cases can be found across the financial services industry. For investment advisors, their services provide a digital ruleset on whether they can deliver advice on financial instruments to certain consumers, and what documents can be provided. A further example is their digital ruleset that directs requirements for transferring client, employee and other types of data, particularly pertinent under GDPR.
For more information about regtech and its important rise, read our essentials guide.