Zurich – Startup Apiax from the Greater Zurich Area has launched a product that can predict the tax impact of financial instruments. This will help asset managers in their investment recommendations, for example.

Apiax creates solutions that convert complex financial market regulations into simple digital rules. Now, the Zurich startup has launched a new product that makes it possible to leverage these digital rules for investment needs. The digital tax rules will help in the optimisation of tax-adjusted investment performance. This will enable financial service providers to inform clients about tax-heavy financial instruments, among other benefits.

The startup is meeting the rising demand for tailored investment advice and new products for tax-efficient investment. “Financial institutions can finally make use of tax calculations in their advisory processes. This is the missing piece in the puzzle of value-added, personalised investment advice,” says Ralf Huber, Co-Founder of Apiax, in a press release.

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