Information Technology & Services - Munich, Bavaria, Germany
Pythiania is dedicated to creating the first open surveillance and compliance network and applications. Our focus is to overcome current inefficiencies in international compliance and market surveillance by enabling interoperability.We draw from a deep expertise in the design and operations in surveillance and compliance. Supported by a network of experts who want to make a difference, we aim to build the first open protocol in surveillance and compliance for both the financial industry and regulators. We want a different worldPythiania was founded to change the way surveillance and compliance is conducted. We want to empower each surveillance expert, we want you to harness the technology that fulfills regulatory obligations.Network instead of silosA fragmented system landscape leads to fragmented results. It must be replaced by a complete traceability across all different markets and players. Existing silos must be taken down. Open Source instead of proprietary technologyBeing compliant with laws and regulations is what we all must adhere to. The related infrastructure and technology should be accessible and amendable for all of us. Empower you and be empowered. Collaboration instead of regulatory competition and snitchingOne directional reporting from the industry and the lack of feedback from regulators solidifies the current insufficiency of regulation and enforcement. We must move to a truly cooperative model. Usage of DLT and cryptography instead of centralization The use of distributed ledger technology (DLT) will revolutionize compliance and surveillance. Immutability and user/context-related anonymity also creates the possibility for professional exchange and essential communication between parties which today cannot take place. Lower costs by efficiencyRegulatory costs are very high. A shared technology that ensures interoperability will reduce it to a necessary efficient minimum.
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