About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Apiax Releases AI Policy Assistant

Subscribe to our newsletter

Apiax, a Zurich-based provider of embedded compliance products, has released a solution designed to improve operational efficiency and accuracy of policy searches. The solution is a synthesis of Apiax’s compliance expertise, rule-based technology, and Generative AI, and allows financial institutions to access and verify company policy details with ease.

The company’s so-called AI Policy Assistant is GenAI-driven and transforms compliance policies into dynamic conversations. Based on Microsoft’s Azure OpenAI services, the solution offers instant, precise, and verified answers to policy queries, ensuring governance is maintained through its robust verification layer. AI Policy integrates with Apiax’s existing rules-based solution, enhancing decision-making efficiency without compromising compliance.

“We developed AI Policy Assistant with the expertise gained from serving multiple global financial institutions. The solution doesn’t compromise on control and transparency and is fully integrated into our comprehensive compliance workbench, ready to tackle complex and multi-faceted policy frameworks,” says Nicolas Blanchard, chief product officer at Apiax.

Apiax is part of the Microsoft for Startups Program. Blanchard adds: “This accelerated our innovation process by leveraging the extensive resources and expertise of Microsoft.”

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: How to ensure employees meet fit and proper requirements under global accountability regimes

Date: 17 September 2024 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Fitness and proprietary requirements for employees of financial institutions are not an option, but a regulatory obligation that calls on employers to regularly assess employees’ honesty, integrity and reputation, competence and capability, and financial soundness. In the UK, these...

BLOG

Top 20 e-Comms Surveillance Providers 2024

Earlier this month, the Securities and Exchange Commission announced charges against a registered investment adviser for widespread and longstanding failures to maintain and preserve certain electronic communications; the matter was settled for $6.5 million. This case is notable because it is the first time the SEC has brought charges against an RIA with no ties...

EVENT

RegTech Summit New York

Now in its 8th year, the RegTech Summit in New York will bring together the regtech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Regulatory Data Handbook 2024 – Twelfth Edition

Welcome to the twelfth edition of A-Team Group’s Regulatory Data Handbook, a unique and useful guide to capital markets regulation, regulatory change and the data and data management requirements of compliance. The handbook covers regulation in Europe, the UK, US and Asia-Pacific. This edition of the handbook includes a detailed review of acts, plans and...