ElysianNxt Wins Two Awards at the RegTech Insight APAC Awards 2021

October 28, 2021- ElysianNxt has been awarded 'Best Regulatory Compliance Solution for IFRS 9' and 'Best Analytics Solution to Address Capital Requirements/Liquidity Risk' at the 2021 Regtech Insights Awards.

The RegTech Insight APAC 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.

ElysianNxt's .NXT solution is a pioneering, end-to-end risk platform that was custom built 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.