Apex Group and Governance.com Enter Global Digitization Agreement to Automate Regulatory Process Management
Governance.com, the low-code process management platform for regulated companies, announced a five-year agreement with Apex Group to implement a digital process management platform and systems.
The Luxembourg entity of Apex Group, European Depository Bank (EDB), will be the starting point of the digitization partnership that will allow Apex to provide services to its clients, supported by strong regulatory compliance.
By digitizing Apex’s process management systems, the new process management platform will support EDB’s custodian functions, including asset registration, ownership verification and regulatory oversight. The new platform solution will be used by EDB teams at several sites, including Ireland.
Through EDB, Apex provides independent banking, custody and custody services to institutional investors and asset managers for undertakings for collective investment in transferable securities (UCITS) and alternative investment structures, covering the full spectrum of asset classes. The new agreement will be executed with the support of global consulting firm Alpha FMC to ensure swift and efficient implementation.
Peter Hughes, CEO and Founder of Apex Group, comments: “This new digitization partnership with Governance.com demonstrates our commitment to providing our clients with the broadest range of services on the market, underpinned by the highest levels of compliance. regulatory. By automating process management for regulatory controls and related operations, we continually improve our efficiency and service offerings to our customers as we develop and expand our range of solutions.
Bert Boerman, CEO and Co-Founder of Governance.com, adds: “By working with experts from EDB and Alpha FMC to rapidly deliver our low-code process management platform and solutions, the entity Apex, EDB, can perform its regulated tasks while serving its customers. in a more efficient way. We look forward to helping the Apex Group digitize operations and services, one process at a time, to be more profitable, efficient and secure.