US

VELA – Next-generation compliance and risk management system

  • Automated-compliance-workflows

    Automated compliance workflow

  • Strengthened-data-protection-and-compliance

    Strengthened data protection and compliance

  • Enhanced-user-experience

    Enhanced user experience

Project overview

Velaw (formerly AvelaLaw) approached us to maintain and enhance their existing compliance and risk management tool, VELA, while preparing for the next stage of digital evolution. Their legacy technology stack had reached its limits in scalability, flexibility, and speed of innovation.

While continuing to support the existing platform, the DICEUS team partnered with Velaw to design and build a next-generation RegTech solution based on a modern technology stack. The new version of VELA ensures high performance, robust security, scalability, and seamless alignment with the client’s evolving business needs. It is a future-proof platform ready for continuous growth.

Client information

Velaw is a Swiss Compliance, Risk and Legal company with deep expertise in managing complex regulatory requirements and integrating compliance, risk, and legal processes.
Their modular RegTech platform, VELA, digitalizes compliance and risk workflows, establishing transparency, and ensuring full controllability. VELA empowers financial services providers to navigate regulatory complexity with clarity and efficiency.

Project-overview-2

Business challenge

Velaw set out to transform and future-proof its compliance and risk management platform for financial services providers. The previous system had reached its limits — constraining scalability, customization, and the rollout of new capabilities.

 

Velaw and DICEUS joined forces to build a next-generation, state-of-the-art RegTech solution. Designed for agility and constant evolution, the new VELA platform delivers full alignment with client requirements, business objectives, and regulatory expectations, while it remains ready to integrate emerging technologies and innovations as they arise.

Technical challenges

The project’s success depended on deep understanding of the Velaw’s business processes and compliance logic. The team had to design a new, scalable software architecture aligned with business workflows, ensure seamless data migration from the legacy system, and create a secure, future-ready platform to host new functionalities.

Solution delivered

We developed an MVP for the new VELA RegTech platform, built entirely on a modern technology stack — Python for backend and Angular for frontend.

 

The solution achieves significantly improved performance, scalability, and maintainability while mirroring the client’s updated compliance and risk management workflows.

 

VELA delivers end-to-end compliance coverage, a user-driven interface, and a secure, modular architecture. Its clean codebase and open structure make it ready for future analytics and built-in interactive reporting — the next phase of VELA’s digital evolution.

MacBook-Air-2022
Claim a 30-minute talk with our experts and get a step-by-step strategy for your project for free!
Talk to our strategist

Key features

Key-features1-1

  • Admin interface

    Central hub for configuration and data management, ensuring structured and transparent compliance operations.

  • User role management

    Defines user roles, access levels, and permissions, ensuring appropriate visibility and accountability.

  • Workflow logic

    Automates the full compliance lifecycle, from control creation to execution, enforcing dependencies, schedules, and consistent first and second line of defence (1LoD/2LoD) steps.

  • Controls management

    Core module for defining, executing, and monitoring all LOD1 and LOD2 controls with traceability and audit history.

Key-features2-1

  • Localization

    Supports multiple languages, enabling use across jurisdictions and teams.

  • Dashboard

    Personalized view of compliance status, pending actions, incidents, breaches, and KRIs.

  • Automated notifications

    Integrated mailing service for alerts, reminders, and updates to ensure timely follow-ups.

  • Authorization control

    Role-based security ensuring that sensitive data and actions remain protected.

Value to our client

  • Automated compliance workflows

    VELA embeds all compliance review tiers, ensuring that dependencies, schedules, and LOD1/LOD2 execution steps are followed systematically and transparently.

  • Data protection and compliance

    Financial institutions handle highly sensitive data. VELA’s modern, secure architecture — built with updated frameworks and libraries — ensures full regulatory compliance and data integrity.

  • Enhanced user experience

    With an intuitive, user-centric design, VELA offers a modern, interactive experience. The streamlined interface promotes adoption, improves usability, and strengthens client trust.

Our tech stack

  • python Python
  • Angular Angular

Client feedback

image-185

Very professional and reliable delivery of work from our project team that, after having worked together for several years already, truly understands our needs.

Patrick Zuppiger, CFO / COO at Velaw

Software solutions bringing business values

gartner
5/5
6 reviews
clutch
4.9/5
49 reviews

    Contact us

    100% data privacy guarantee

    Thank you!
    Your request has been sent
    We will get back to you as soon as possible

    USA (Headquarters)

    +19293091005 2810 N Church St, Ste 94987, Wilmington, Delaware 19802-4447

    Denmark

    +4566339213 Copenhagen, 2900 Hellerup, Tuborg Havnepark 7

    Poland

    +48573568229 ul. Księcia Witolda, nr 49, lok. 15,
    50-202 Wrocław

    Lithuania

    +37069198546 Vilnius, LT-09308,
    Konstitucijos ave.7
    6th floor

    Faroe Islands

    +298201515 Smærugøta 9A, FO-100 Tórshavn,
    Faroe Islands

    Austria

    +4366475535405 Handelskai 92 - Rivergate - 1200, Vienna

    UAE

    +4366475535405 Emarat Atrium, 423 Al Wasl Area, Dubai, P.O. Box 112344

    Ukraine

    +380939986189 Vatslava Havela Boulevard, 4,
    Kyiv
    Case study
    VELA – Next-generation compliance and risk management system
    diceus.com
    Case study
    VELA – Next-generation compliance and risk management system
    Project overview
    Velaw (formerly AvelaLaw) approached us to maintain and enhance their existing compliance and risk management tool, VELA, while preparing for the next stage of digital evolution. Their legacy technology stack had reached its limits in scalability, flexibility, and speed of innovation.

    While continuing to support the existing platform, the DICEUS team partnered with Velaw to design and build a next-generation RegTech solution based on a modern technology stack. The new version of VELA ensures high performance, robust security, scalability, and seamless alignment with the client’s evolving business needs. It is a future-proof platform ready for continuous growth.
    Client information

    Velaw is a Swiss Compliance, Risk and Legal company with deep expertise in managing complex regulatory requirements and integrating compliance, risk, and legal processes.
    Their modular RegTech platform, VELA, digitalizes compliance and risk workflows, establishing transparency, and ensuring full controllability. VELA empowers financial services providers to navigate regulatory complexity with clarity and efficiency.

    Information
    Business challenge

    Velaw set out to transform and future-proof its compliance and risk management platform for financial services providers. The previous system had reached its limits — constraining scalability, customization, and the rollout of new capabilities.

     

    Velaw and DICEUS joined forces to build a next-generation, state-of-the-art RegTech solution. Designed for agility and constant evolution, the new VELA platform delivers full alignment with client requirements, business objectives, and regulatory expectations, while it remains ready to integrate emerging technologies and innovations as they arise.

    Technical challenges

    The project’s success depended on deep understanding of the Velaw’s business processes and compliance logic. The team had to design a new, scalable software architecture aligned with business workflows, ensure seamless data migration from the legacy system, and create a secure, future-ready platform to host new functionalities.

    Solution delivered

    We developed an MVP for the new VELA RegTech platform, built entirely on a modern technology stack — Python for backend and Angular for frontend.

     

    The solution achieves significantly improved performance, scalability, and maintainability while mirroring the client’s updated compliance and risk management workflows.

     

    VELA delivers end-to-end compliance coverage, a user-driven interface, and a secure, modular architecture. Its clean codebase and open structure make it ready for future analytics and built-in interactive reporting — the next phase of VELA’s digital evolution.

    Key features
    • Admin interface

      Central hub for configuration and data management, ensuring structured and transparent compliance operations.

    • User role management

      Defines user roles, access levels, and permissions, ensuring appropriate visibility and accountability.

    • Workflow logic

      Automates the full compliance lifecycle, from control creation to execution, enforcing dependencies, schedules, and consistent first and second line of defence (1LoD/2LoD) steps.

    • Controls management

      Core module for defining, executing, and monitoring all LOD1 and LOD2 controls with traceability and audit history.

    • Localization

      Supports multiple languages, enabling use across jurisdictions and teams.

    • Dashboard

      Personalized view of compliance status, pending actions, incidents, breaches, and KRIs.

    • Automated notifications

      Integrated mailing service for alerts, reminders, and updates to ensure timely follow-ups.

    • Authorization control

      Role-based security ensuring that sensitive data and actions remain protected.

    Value to our client
    • Automated compliance workflows

      VELA embeds all compliance review tiers, ensuring that dependencies, schedules, and LOD1/LOD2 execution steps are followed systematically and transparently.

    • Data protection and compliance

      Financial institutions handle highly sensitive data. VELA’s modern, secure architecture — built with updated frameworks and libraries — ensures full regulatory compliance and data integrity.

    • Enhanced user experience

      With an intuitive, user-centric design, VELA offers a modern, interactive experience. The streamlined interface promotes adoption, improves usability, and strengthens client trust.

    Tech stack used in project
    • Python
    • Angular

    Very professional and reliable delivery of work from our project team that, after having worked together for several years already, truly understands our needs.

    Patrick Zuppiger, CFO / COO at Velaw

    diceus.com