Apiax has hired a former Financial Conduct Authority (FCA) expert on regulatory technology and is opening a new office in London.

Alan Blanchard, who joined last month, will be put in charge of business development in the UK market. At LexisNexis he implemented a ‘digital first’ strategy within tax and compliance publishing, and was later responsible for digitising the FCA’s Handbook to facilitate RegTech.

Blanchard will be joined by other employees in a new Apiax office in London.

The Zurich-based RegTech startup stated that it sees opportunities in the UK market, particularly with the return of regulatory complexity through Brexit.

In May, Apiax will join the third cohort of Allen & Overy’s Fuse Accelerator to kickstart its business activities in the UK, focusing on the technology/legal interface.

Blanchard, UK head of business development, commented: “RegTech is the idea whose time has come, and the solutions offered by Apiax finally meet those customer needs that I have been trying to meet for 20 years.”

Ralf Huber, co-founder of Apiax, said: “Every successful RegTech startup needs a healthy mix of regulatory expertise, technological prowess and business development – with Alan we found a UK representative who brings all of this to the table.

“And with the return of cross-border complexity, we think the timing for us to open an office in London could not be better.”

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