The latest compliance news: regulatory developments, punishments, guidance, permissions, new product and service offerings.

Etops, Polixis
Etops, the Switzerland-headquartered wealthtech firm, has inked a strategic partnership with Polixis, a RegTech and advisory firm that offers a bespoke blend of human expertise with machine intelligence and big data.

Polixis provides datasets and solutions to empower Etops' features in KYC and AML areas.

The partnership is a milestone in Etops’ drive to deliver a software-as-a-service product in the wealth management space, Pius Stucki, the firm’s CEO, said.

In other partnerships, Etops has partnered with Yainvest, which has a behavioural finance solution, helping to locate clients’ investment profiles.