October 28, 2021- ElysianNxt has been awarded ‘Best Risk Calculation Engine for Regulatory Compliance’ at the 2021 RegTech Insight Awards USA.
The RegTech Insight USA Awards recognises both established solution providers and innovative newcomers, seeking to herald and highlight RegTech solutions that throughout the year have successfully improved firms’ ability to effectively respond to the evolving and ever more complex regulatory requirements across the global financial services industry.
“To be regulatory compliant is just a starting point. The use of real-time streaming technology in combination with a micro-service architecture delivers a truly integrated risk management platform. Welcome to the digital revolution for regulatory compliance. Thank you to all the Regtech specialists who recognise this. We are truly grateful for your support.”
– Chris Puype, CEO & Founder ElysianNxt
ElysianNxt’s .NXT solution is a pioneering, end-to-end risk platform that was built from scratch with the latest streaming technologies and is aimed at meeting the ever-changing demands of risk and finance professionals.
It was designed to process large and complex calculations almost instantaneously, as opposed to legacy platforms which could take hours if not days. The quick implementation and scalability of the solution helps to make it a more cost-effective solution.
In addition to meeting and exceeding current regulatory requirements, our .NXT solution also employs a future-proof technology approach. By using a distributed microservices architecture compared to a traditional central-database design, the solution can quickly exchange large quantities of information in near-real-time. Being a cloud-based application it can also adapt to a multitude of technology systems and servers.
“We are delighted that our RegTech Insight community of over 35,000 senior regtech specialists has voted ElysianNxt as the Best Risk Calculation Engine for Regulatory Compliance in this highly competitive field. ElysianNxt has proven themselves to be deserving winners and we congratulate them on their success.”
– Angela Wilbraham, CEO of the A-Team Group
The 2021 RegTech Awards were presented on Wednesday, 1 December 2021. If you would like to know about our risk offering please contact us here.
About ElysianNxt
ElysianNxt is a Belgian-Thai RegTech company focused on providing the best real-time Risk and Finance solutions. By using cutting edge technology, it enables financial firms to respond in a faster and more cost-effective manner to business, economic and regulatory changes. ElysianNxt has offices in Brussels, London, Bangkok and Jakarta. www.elysiannxt.com
