This startup provides a financial platform that automates global regulatory compliance and real-time controls for derivatives trading across various asset classes and execution venues. It offers an industry-consensus implementation of regulatory rules, enabling financial institutions to streamline compliance and decision-making.
Funding
$23M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Financial institutions face increasing complexity in complying with global derivatives trading regulations across various asset classes and execution venues. Existing compliance processes are often fragmented, manual, and costly, leading to operational inefficiencies and increased risk of non-compliance.
Solution
Droit provides a financial platform, the Adept Platform, that automates global regulatory compliance and real-time controls for derivatives trading. The platform operationalizes laws, rules, and policies to advance compliance within existing systems. It offers solutions for pre-trade and post-trade controls, evaluating the permissibility of transactions and ensuring compliant regulatory reporting. Droit continuously monitors regulatory and policy changes, updating its platform with each regulatory change or new interpretation. The platform's patented technology enables clients to confidently evaluate decisions, providing a consensus view as to how rules and regulations are applied.
Target Audience
The primary customers are financial institutions, including capital markets teams and wealth management firms, that need to comply with global derivatives trading regulations.
Features
- A patented platform that drives intelligent decision-making in a rule-driven landscape
- Provides solutions for pre-trade and post-trade controls
- Evaluates the permissibility of transactions
- Automates compliant regulatory reporting
- Delivers a consensus view of shareholding disclosure obligations that are relevant, accurate, and timely
- Offers Client Readiness to understand commercial possibilities and validate readiness to engage
- Provides Trade and Transaction Reporting to easily identify reporting obligations in real time and rapidly create and validate the required reports
- Offers Point of Trade, a solution to make transparent real-time decisions based on comprehensive knowledge of rules for permissible trading, easily integrated into trading infrastructure via API
- Includes Position Reporting, which instantly translates and processes detailed regulatory guidelines and legal memos from over 100 global regulators
- Provides Cross Border to advance regulatory compliance for global clients to offer the right products at the right time
- Offers Exchange Traded Derivatives (ETD) Reporting, an end-to-end quality assurance solution for reporting to clearing agencies & exchanges