VELA – Our RegTech Solution

RegTech is gen­er­al­ly referred to as the opti­mi­sa­tion of reg­u­la­to­ry process­es in the finan­cial ser­vices indus­try by apply­ing tech­nol­o­gy. Ave­laLaw has devel­oped a pro­pri­etary IT appli­ca­tion named VELA that we offer to com­ple­ment our risk and com­pli­ance ser­vices with the objec­tive to improve our client’s inter­nal con­trol sys­tem and gov­er­nance. The offer­ing is ful­ly flex­i­ble and clients can choose their required mod­ules depend­ing on their needs. Key fea­tures are:

  • Full Inter­nal Con­trol Sys­tem (“ICS”) solu­tion, applic­a­ble to all areas of Risk and Compliance
  • Extra mod­ules to sup­port Busi­ness Con­ti­nu­ity and Risk & Com­pli­ance Self-Assessment
  • Com­pre­hen­sive Inci­dent Database
  • Inde­pen­dent Pol­i­cy Repos­i­to­ry with exten­sive search functions
  • Strong fea­tures for analy­sis and reporting
  • Ready to use ‘plug and play’, with stan­dard­ized mod­ules or to adapt to your specifications
  • Easy access via web and com­pat­i­ble with any browser
  • Back­end data­base host­ed in Switzerland

Do you have any questions? Let’s talk with us.

If you have a ques­tion, urgent query or require sup­port, please do not hes­i­tate to reach out to us. 
Please let us briefly know your case and one of our team mem­bers will be hap­py to assist you.

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COURSE OFFERING of AvelaLaw AG – Initial Training / Refresher Course for Client Advisers in the Field of Rules of Conduct according to FINSA

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