Regulatory Reviews for Wealth

Solution introduction

Empower wealth managers to prioritize, manage, and comply with regulations

Appway Regulatory Reviews for Wealth is a software solution designed to comply with evolving regulations while embracing innovation. Wealth managers can leverage the latest technology to orchestrate client reviews and obtain a comprehensive overview that supports compliance expertise

Regulatory Reviews for Wealth enables a data-driven orchestration of the compliance process that provides a holistic overview of clients. Regulatory reviews are expedited due to data centralization and the monitoring of internal tasks, which are assigned according to priorities.

Compliance experts can design the review process and meet deadlines with the help of reminders, calendar invitations, and a built-in escalation mechanism. The customer experience is improved, as long waits for bank approvals and continuous iterations to retrieve information are avoided.

Headquarters Location

Zurich, Switzerland

Website

www.appway.com

Main Telephone

+41 43 204 0608

Main Email Address

marketing@appway.com

Solution provider webinar: Appway - Do you KYC, the legal, technical, and human challenges

Compliance & Regulation

07/05/2018

Staying compliant within an ever-changing global regulatory landscape is not always easy. But this only highlights the increasing importance of efficient and continuous KYC procedures. How can institutions leverage such......

Solution provider webinar: Appway - what you need to conquer the regulatory mountain

Compliance & Regulation

10/04/2018

Solution provider webinar: Appway - The steps to digital leadership in wealth and asset management

07/03/2018

Solution provider webinar: Appway - Data aggregation & the future of wealth management

Data Management & Analysis

20/12/2017

Features

Case Orchestrator
Orchestrates all tasks, assigning priorities and deadlines for each activity. Reminders can be easily sent when required

Review Designer
Calculator engine based on a set of prioritization rules that ranks reviews and organizes tasks according to their priority

Review Cockpit
Aggregates relevant client data, such as profiles, ownership, family tree, documents, and related tasks, to provide a complete overview

Background Search
Interface that creates and manages integrations with third-party background checking systems

Client Profiler
Rules engine that ensures clients are fully profiled and updated through KYC, FATCA, and CRS questionnaires

Household Tree & Role Manager
View clients’ personal situations and relationships to identify complex and risky structures

Benefits

Empower compliance experts
Compliance by design is the foundation of the Regulatory Reviews for Wealth solution. Compliance experts can model the review process to assign priorities, monitoring the tasks and avoiding overload peaks

Enable data-driven orchestration
Many events can trigger regulatory reviews, from client data inputs to changes in clients’ personal situations or, most commonly, periodic mandatory reviews. Data centralization empowers wealth managers to orchestrate the review process, regardless of the triggering pattern. Compliance is always guaranteed together with internal audits and reports

Holistic regulatory reviews
Client reviews are not only mandatory, but represent an opportunity for banks to attain a comprehensive overview of clients’ relationships. Banks gain a deep understanding of their clients’ circumstances while remaining compliant with new and existing regulations

Manage complexity
Managing client reviews throughout the entire client lifecycle improves internal efficiency and streamlines the process. Compliance experts can always rely on updated and available data, ensuring collaboration across departments by delegating, tracking, and monitoring tasks

Customers

A selection of Appway's customers is shown below;

Partners

Key Data

Year launched
2018
WEALTH MANAGEMENT CLIENTS
1-5
Implementation Methods
  • On-premises
Type of Clients
  • Global Private Bank
  • Local Private Bank
  • Regional Private Bank
Client Regional Presence
  • Western Europe

Regulatory Reviews for Wealth

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