Professional Wealth Management (PWM) magazine has recognised Credit Suisse at this year’s Wealth Tech Awards. The award-winning Regtech solution is a collaboration between Credit Suisse and Apiax.

Every year, PWM hands out the Wealth Tech Awards to tech trailblazers in the wealth management industry. This year, Credit Suisse won the award for ‘Best Private Bank for Use of RegTech Globally’. The collaborative project between Credit Suisse and Apiax is designed to free up considerable time for relationship managers.

Ralf Huber, co-founder of Apiax, commented:

“We are more than proud of our collaboration with Credit Suisse and feel honored by this important recognition from the industry. This award shows that cooperation between industry leaders and start-up companies can create added value for both sides”.

This year’s awards featured high-profile companies such as UBS, BNP Paribas and HSBC. PWM evaluates the private banking groups using quantitative and qualitative information and presents awards to groups that have shown excellence in their use of technology.

Founded in 2017, Apiax’s technology provides easy access to compliance knowledge. It enables companies in an increasingly regulated economy to stay focused on their core business objectives: delivering high value and unique experiences to their customers.