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APIAX
Wednesday, Oct. 25, 2017 · 11:36 a.m. · 04m 49s
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00:00:01
thank you very much i'm me cool i'm cofounder of
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apex your uh suisse space direct tech startup
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oh so since two thousand eight the number of regulations
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and the complexity of regulations has increased massively
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but using a lot of headaches and a lot of paperwork for bankers
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just last year banks spend more than one hundred billion insulting regulatory
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compliance and still the results or not on the control
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since two thousand eight banks have paid more than three hundred billion in fines and penalties people if
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if these bankers want to be innovative again they need an easy lean and and
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efficient compliance solution and this is what they had to them to achieve
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by transforming complex financial regulations into easy to use digital
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compliance rules which you publish one a. p. i.
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and offered as a service but is he decreased time to market for their
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innovations and we keep the rules always verified and up to date
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and you decrease the risks and remove the regulatory uncertainty of our clients and
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last but not least if a very lean another vision softer stack
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we work directly if content experts these are lawyers does
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not tax experts around the globe in the regions
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they digitise their expertise their experience if our easy to use a picks platform
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and the transform those rules into for our a. p. m. problems it
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and to build the a. p. i. as close as possible to the pieces moles to the business processes in the bank so it's easy
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integrate people into banks your ram into core banking or into robot vices solution
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given amazing team roles within the legal compliance t. n. a. entirety with
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morton sixteen years of experience in his last position he was
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had of legal compliance at credit suisse stole most of them also from e. th in a i machine learning
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philip is the product project guy worked several years at u. b. s. and l.'s at
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of product that that way and myself i met tech at heart and market here
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since joining of ten last year reality gained great attraction big close
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though first project if a client in march this year
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we have comp importance on board it and you're now negotiating our
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first major deal and have two additional pilot projects in implementation
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end of month this month would be launched together with this come to a. p. i.
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finance top and onto the end of the year we have outlined advise yep ready
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we just recently closed hours each round it just oversubscribed of one point five million swiss francs
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our investor pick the cooler sick take the adventures into comp and all bogged down here today
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to talk to you see switch our interest to join our startup journey force you say next year thank you
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ha ha
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questions to only call please
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right click
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fuck car fox car so how does it help so if you
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your question if there's a new regulation popping up yep so
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yeah okay so we we always look from a business process
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point of view so we don't digitise fault call itself
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what do you do is we we build the a. p. s. it's easy to integrate people into the
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business process so are all the remote say okay what's the dismal it is the financial advice
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and for the financial lies in the bank for the teachers pension advice
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to try to cover all regulations in all the restrictions today
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and if there's not paid our condom part to be notified all's provide the new rules and the note about the cost and
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cody find business processes no well even real be digitise legal opinions at the end
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of the day so it's the the legal opinion of the condom pop
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okay very technical one last question please uh_huh yes we we have that
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uh on our pipeline as sort data protection that's the question
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not only in switzerland a big issue or your bottles in singapore um
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data protection picked up because yes i know we're implementing it and
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