Connected Infrastructure for Electronic Money Institutions.
Electronic money institutions connect authorisation, issuance-related operations, safeguarding, accounting and governance. RegNexus brings those responsibilities together as connected infrastructure.
The operating demands facing electronic money institutions
Authorisation, issuance-related operations, safeguarding, accounting and governance.
Authorisation for e-money activity
Building an institutional model and licence route that reflects electronic money issuance and distribution.
Issuance-related operations
Running the operations around e-money issuance and redemption with governed authority and records.
Safeguarding of relevant funds
Classifying and reconciling safeguarded relevant funds and evidencing safeguarding determinations.
Accounting and financial records
Turning issuance and redemption activity into governed financial records across the business.
Governance and operating authority
Maintaining governed approvals, authority structures and attributable operating decisions.
Customer communications of record
Producing and retaining governed communications tied to the operations that generate them.
How the RegNexus platform supports these responsibilities
RegNexus provides connected operating software and related services. It does not hold regulatory permissions on behalf of customer institutions.
Authorisation and institutional construction
Genesis builds the regulatory business model, assesses the licence route and assembles supporting authorisation evidence.
Issuance-related operations
Operate manages onboarding, due diligence and the governed operations connected to e-money issuance activity.
Safeguarding operations
Safeguard supports classification, calculation, reconciliation and the evidencing of safeguarding determinations for relevant funds.
Connected accounting
Books receives governed economic facts from connected operations and turns them into financial records.
Governed communications
Mail produces and retains communications of record connected to the operations that generate them.
Due diligence and evidence
Operate and connected products maintain due diligence, approvals and traceable operational evidence.
The connected products behind this operating model
Genesis
Build the institution. Prepare for authorisation.
Construct the regulatory business model, determine the appropriate authorisation route, prepare financial projections, generate supporting frameworks and assemble traceable application evidence.
Explore GenesisOperate
Run regulated payment operations with control.
Manage customer onboarding, due diligence, remittance workflows, transaction monitoring, operational authority, execution records and transaction evidence.
Explore OperateSafeguard
Protect funds. Evidence safeguarding.
Manage safeguarding classifications, requirements, reconciliations, exceptions, approvals and traceable safeguarding determinations.
Explore SafeguardBooks
Turn business activity into financial records.
Manage accounting, financial reporting and the governed recognition of financial consequences arising from connected operational systems.
Explore BooksConnect institutional communications.
Support organisational communications and connected operational messaging through a dedicated communications product.
Explore MailFor electronic money institutions, Genesis prepares the institution for authorisation, Operate runs issuance-related operations, Safeguard protects and evidences relevant funds, Books turns activity into financial records, and Mail retains the communications of record connected to those operations.
One connected operating journey
The numbered presentation explains the customer journey; it is not a mandatory fixed transaction sequence. Safeguarding, monitoring, communications and evidence operate across multiple stages.
AUTHORISE
GenesisBuild the regulatory institution and prepare for authorisation.
Relevant capabilities
- Structured institutional model
- Licence route assessment
- Regulatory documents and evidence
Explore E-Money Solutions
Talk to the RegNexus team about your operating model, or explore the connected platform in more detail.