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Apex’s Award-Winning Digital Onboarding Solution

09 December 2020

Our congratulations go to our partner Elixirr who was awarded Digital Transformation Initiative of the Year at the 2020 Drum B2B Awards for their work with Apex on our digital onboarding solution.

The Drum is a global media publication focussed on marketing, design and digital communications. The B2B Awards recognise the firms delivering the most effective and transformational solutions across all industries.

Read more about the award here.

As challenger banks change the face of retail banking, Apex is changing the onboarding process for asset managers with a unique, streamlined digital solution.

Finding a quality bank able to open a bank account within days can be challenging. Apex Group, via subsidiary European Depositary Bank (“EDB”), offers a pioneering new solution for simplified digital onboarding and banking; making the process simple, efficient, quick and secure.

Read more about our Digital Bank and Onboarding.

Elixirr designed and built this digital onboarding solution for Apex Group in only five months, employing Elixirr’s rapid prototyping and design expertise. The end-to-end solution has transformed client onboarding times at Apex Group, to just five days, facilitating an improved experience for our clients.

Onboarding benefits include:

  • Enhanced customer experience through end-to-end digital journey
  • 5 day digital onboarding guarantee upon receipt of all completion documentation
  • Bank account opening for all your SPVs within 5 days (including KYC checks, upon receipt of all completion of documentation)
  • Fully integrated reporting and payments process
  • Full automation of payments
  • Paperless process to enhance your ESG score

These latest onboarding enhancements are just the first of a number of exciting developments for our pioneering digital banking platform, allowing our clients to streamline their processes for the opening and management of accounts.  Stay posted for further updates on the evolution of our Digital Banking services for asset managers, SPVs, family offices, corporates, trusts and UHNWIs to be announced in early 2021.

David Rhydderch, Global Head of Financial Solutions at Apex Group Ltd, comments:  
“The digital onboarding solution has been a valuable driver of growth for Apex Group and has brought extensive benefits including convenience, security and efficiency to our clients. It offers a malleable solution, designed to evolve as our business needs develop in the future. We were thoroughly impressed with the quality of Elixirr’s outputs on the project and are pleased to have our partnership recognised in this way by The Drum. Congratulations all for this richly deserved recognition and we hope to celebrate the success with further digital banking initiatives in 2021.”



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