Apiax, a Zurich based regtech startup that helps ensure compliance for banks and wealth managers have announced their expansion into the UK.

This news comes fresh off the back of Apiax bagging the “Early Stage Startup of the Year” at the recent Swiss Fintech Awards 2019.

Apiax is best know for its ability to transform complex regulations into machine-readable rules, which can be integrated into an existing infrastructure via a standard programming interface.

To lead the charge into UK the startup has recruited Alan Blanchard, a RegTech expert from the Financial Conduct Authority (FCA). Alan will be supported by additional staff in a new office in London.

Apiax is listed among Fintech News Switzerland’s top 19 Fintech Startups to Watch in 2019.

Featured image credit: Apiax