VELA - Solution
Risk and Compliance going easy while staying comprehensive.
Improve your Internal Control System.
Become solid in your Corporate Governance.
Plug and Play
Ready to use ‘plug and play’, with standardized modules or to adapt to your specifics
Internal Control System
Full Internal Control System (“ICS”) solution, applicable to all areas of Risk and Compliance
Easy access via web
Easy access via web and compatibility with any browser
Specific Access
Specific access for first line of defence depending on role and supervisory views for second line of defence and management
Hosted in Switzerland
Backend database hosted in Switzerland
Analysis and Reporting
Strong features for analysis and reporting
Features
One digital solution.
Many modules.
All controls aspects covered.
Our Service
Focus on your core business.
Digitalize your risk and control framework.
Get our support to master your regulatory affairs.
Incident- and Action Management
Investment Breach Management
KRI Reporting
Risk and Compliance Self-Assessment (RCSA) process
Business Continuity Management (BCM) / Business Impact Analysis (BIA)
Client Segmentation
AML / KYC documentation
BoD Reporting
Pricing
Choose your modules.
Add the regulatory expert services you need.
Get a detailed offer from us that suits your business and capabilities.
Let’s discuss your needs. Get in touch with us!
You have questions and need individual advice? Let our professionals advise you.
Please answer 5 questions and leave us your contact details. We will present the functions of the software to you in detail in a joint meeting.
To which size category does your company belong
FAQ
There is a number of reasons for selecting VELA:
- It enables you to achieve the highest degree of transparency and control within your organisations and to efficiently master your regulatory requirements with fully audit proof documentation.
- VELA allows you to choose exactly the right elements from a range of modules to cover your specific needs.
- VELA can be implemented in basically no time. You can start with one module and add more modules as required going forward.
- The application was developed inhouse by our seasoned business managers, based on many years of experience in the financial services industry – a service from professionals to professionals!
No, there are no technical requirements, as users only need a standard browser such as Edge (former Internet Explorer), Google Chrome or Safari to work with the tool.
In case you want to host the data or the whole system on your own infrastructure, we need to look into your IT environment to ensure high quality performance and good user experience.
We give our clients the flexibility to either host their data on their own servers and IT infrastructure, or alternatively we offer a cloud solution for a small fee. Said cloud solution is 100% Swiss based and fully redundant. We are happy to discuss security related features in a bilateral conversation. Rest assured we have put in a great deal of effort into our security features.
Even though, the tool was developed in the first place purely for financial services companies, such as banks or asset managers, it turned out that it can also be useful for other sectors and industries. Basically, every business which requires an Internal Control System, can take advantage of our application.
If clients require features, which are not part of any module as per yet, we are more than happy to find a solution with our engineers. Nothing is impossible, but we need to ensure the right balance between resources and practicability. Our client reporting feature for instance, can be completely tailored according to the client’s preferences and needs at any time, if the existing reporting features do not suffice.
Of course, we are prepared to help our clients when it comes to unexpected technical issues. Every client has relevant contact details to personally approach one of our team members.
The Italian word ‘Vela’ translates to ‘sail’ or ‘canvas’ and we were looking for a name that best pictures and describes our intention: An application and tool that drives the forward motion, while successfully navigating through choppy waters, like e.g., ever evolving regulatory matters.
Do you want to know more?
Download the PDF with additional important information here
Contact
Do you have a question or would you like to tell us something? We look forward to hearing from you.
Get In Touch
Address
AvelaLaw AG
Fraumünsterstrasse 15
8001 Zürich
