Digital compliance platform Apiax is working with aosphere to enhance its cross-border compliance service.
The partnership will see aosphere provide Apiax with detailed legal memoranda and alerts on changes to cross-border distribution legislation. This will service will be supplied by aosphere’s Rulefinder Marketing Restrictions – Asset Management solution.
The Rulefinder service is managed by a team of senior lawyers and covers rules for the distribution of funds, investment management and advisory services across 70+ jurisdictions. It looks into what can be done in relation to marketing funds and managed accounts to overseas investors and examines the impact of fund structure, investment strategy, regulatory status of marketing entity, and type of investor.
Apiax country head UK Alan Blanchard said, “We are more than proud that aosphere has joined our ecosystem. Working with aosphere enables us to offer our customers an even broader range of trusted and high-quality digital compliance rules.”
Earlier in the year, Apiax launched its London office, with an aim of capitalising on Brexit opportunities. The RegTech startup believes the UK market has a lot of opportunities, particularly after it lease the European Union.
Apiax is a Zurich-based RegTech solution which transforms complex financial regulations into digital regulatory rules. Financial institutions use Apiax to deploy flexible tools to manage the full lifecycle of digital regulations.
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Copyright © 2018 RegTech Analyst
