New Wealth, a Singaporean B2B wealthtech firm, introduced that it has tied up with Switzerland’s regtech agency Apiax to embed actionable compliance information into its software program to make sure relationship managers are compliant always.
This collaboration will assist banks and wealth managers achieve important operational efficiencies, beginning with cross-border advertising and distribution of funding funds.
To satisfy the great wants of relationship managers in personal banking and their high-net-worth shoppers, New Wealth will now combine with Apiax’s API to offer cross-border compliance checks in real-time.
Apiax and New Wealth added that this partnership will even permit for future deploys of joint use circumstances and additional broaden the productiveness features for Asian personal banks.
Yvonne Ngai, APAC Enterprise Lead, Apiax mentioned,
“We’re happy to embed actionable compliance solutions into New Wealth’s digital wealth resolution to make it smoother for banks in Asia to serve their shoppers globally in a compliant approach.“
Loïc Pitrou, Co-founder and CEO of New Wealth mentioned,
“Relationship managers can really tailor the screening of funding merchandise to the context of every shopper and interplay.
Well timed compliance checks and steering from the device save time for entrance liners and convey each readability and transparency to the top buyer.”