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WealthArc Teams Up with Polixis to Automate KYC Screening and Enhance Compliance Efficiency

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Zurich, 10 September 2024 - WealthArc, a Swiss-based personalized global wealth management platform, is thrilled to announce its partnership with Polixis, a leading Swiss AML & KYC global data provider. This collaboration marks a significant advancement in WealthArc’s commitment to empower wealth managers, family offices, and other wealth owners with cutting-edge compliance solutions integrated into the state-of-the-art data management platform.

Under this partnership, Polixis will provide its extensive datasets and software, seamlessly integrated into WealthArc's platform, to automate daily KYC screening across all client names with a single click. This enhancement will allow WealthArc clients to generate lists of clients with positive or negative hits for further action, enabling a deep dive into any positive hits with just one click.

“As 2024 winner of best Compliance Solution in prestigious WealthBriefing Swiss EAM Awards, our partnership with Polixis represents a significant step in providing our clients with the most advanced and efficient solutions available. By integrating Polixis’s unparalleled KYC capabilities into our platform, we’re not only streamlining compliance processes, but also enhancing accuracy and efficiency, and ensuring that our clients have access the most reliable data to make informed decisions."

- commented Radomir Mastalerz, CEO of WealthArc.

>>> Read more about how WealthArc redefines compliance with award-winning technology

Gagik Sargsyan, the CEO of Polixis, comments:

“We are happy to announce this partnership with WealthArc. Enhancing their impressive platform will provide a significant number of Wealth Managers access to Private Banking grade Sanctions Screening and KYC Deep Due diligence options, which will be of great help in the increasingly strict regulatory landscape.”

About Polixis SA

Founded in 2012, Polixis is a Swiss leader renowned for its comprehensive AML and KYC data solutions. Our services span the entire spectrum, including UBO (Ultimate Beneficial Owner) & Corporate Data, and PEPs and Sanctions Screening. We primarily serve Tier 1 Private Banks, Wealth & Asset Managers, and Regulatory & Governmental Bodies. With over 70 dedicated professionals, Polixis has established itself as the leading specialist for the Wealth & Asset Management industry. For more information, visit www.polixis.com.

About WealthArc AG

WealthArc is a Swiss-based wealth-tech company established in 2015. It has become a global provider with clients in all the largest wealth hubs across the globe including Switzerland, Singapore and Dubai. With a personalized wealth management platform built for the next generation of External Asset Managers, Family Offices, Trustees and Private Banks, empowered by cutting edge technologies, WealthArc’s easy-to-use and intuitive SaaS and cloud-based solutions give clients 24/7 access and 360 degrees overview and understanding of their total assets, enabling them to make prudent, smart and better investment decisions. For more information, visit www.wealtharc.com.

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