Technology stack
Verax is a headless, modular architecture: the compliance, AI and audit layer that sits on top of licensed rails. Licensed money movement will run on Clear Junction, an FCA-authorised EMI with which Verax is completing agent registration; any stablecoin leg will run on licensed BaaS partners. We are preparing a private pilot with design partners.
Classification & decisioning engine
A deterministic, policy-as-code decision layer for HMRC SPIRE / OGEL and ECJU dual-use classification, KYB, sanctions, PEP and adverse-media screening. AI agents read the invoice and assist amber-case review in a human-in-the-loop mode — they never make a final compliance decision without a person signing off.
Orchestration & reconciliation layer
A routing layer that mediates calls between our customers and Clear Junction, an FCA-authorised EMI (FRN 900684) with which Verax is completing agent registration under regulation 34 of the Electronic Money Regulations 2011. Any stablecoin leg routes to licensed BaaS partners. Verax never holds client money.
Immutable ledger
Every compliance decision and reconciliation event is written to an append-only ledger with a cryptographic hash chain, a DEFERRABLE CONSTRAINT TRIGGER that rejects unbalanced entries at the database level, and a 6-year retention window. Designed for deterministic replay.
Encryption & data protection
TLS 1.3 in transit. KMS-managed keys. AES-256 at rest via AWS RDS and S3 with Object Lock. Personal data is processed under UK GDPR; retention and lawful-basis mapped per purpose. ICO registration pending prior to any live processing.
Operational resilience
Multi-AZ PostgreSQL RDS, Terraform-managed infrastructure, blue-green deploys, OpenTelemetry traces, Prometheus metrics, Grafana dashboards, Loki logs. We are building to an institutional-grade availability standard; we publish no uptime guarantee, and any figures shown today are measured on internal staging, not against customer traffic.
Licensed money movement is provided by Clear Junction Ltd, an FCA-authorised EMI (FRN 900684), with Verax's agent registration in progress. Any stablecoin leg will be executed by licensed Banking-as-a-Service partners, with digital-asset custody held by the BaaS partner via Fireblocks. References to specific tooling vendors are illustrative of the category we use; Verax holds no client funds and takes no crypto custody.
Want a technical walkthrough?
We are happy to take technical and compliance teams through the architecture, the classification logic and the audit trail under NDA. Partners and prospective design partners welcome.