Vistra, a leader in providing essential business services, has launched Geni, the world’s first global AI compliance advisor.
Vistra specialises in helping organisations invest, grow, and operate efficiently and compliantly worldwide.
The new product, Geni, is aimed at simplifying corporate compliance and facilitating smoother paths for company growth. Embedded within Vistra’s new Global Expansion Platform (GEP), Geni addresses the dynamic and complex regulatory obligations that businesses face in the global market.
Vistra operates as a pivotal resource for companies looking to expand globally. The firm offers a comprehensive suite of services that enable clients to set up and manage their business operations across over 300 jurisdictions efficiently.
Geni functions as a 24/7 digital assistant that can perform tasks rapidly, thus freeing up significant time and resources for clients. It provides a unified view of global entities and compliance deadlines, automates and simplifies the completion of corporate actions, and seamlessly connects clients to Vistra’s extensive network of over 9,000 global experts.
The Global Expansion Platform (GEP) also enhances Vistra’s service offerings by allowing clients to easily incorporate an entity and open business accounts in major jurisdictions, streamline onboarding processes, and manage their entire entity portfolio with ease.
Furthermore, by the end of next year, Vistra plans to extend the capabilities of GEP and Geni to include payroll and tax accounting services, ultimately providing a holistic platform for managing all aspects of global corporate operations.
Simon Webster, CEO of Vistra Group, stated, “Geni and the Global Expansion Platform are the future of confident, compliant, cross-border trade and mark a major step in Vistra fulfilling its vision of making operating anywhere in the world feel borderless and frictionless.
“The complexity of global expansion and operations is not going away and so it is increasingly important to provide clients with both the service and software components that solve these issues, creating a client experience that is both unique, seamless and interconnected. We envision a future where Geni will help organisations across the world to manage and expand their business without ever needing to worry about changing regulations.”
Jonathon Clifton, president of Vistra Global Solutions, said, “As consumers, we use online platforms every day to arrange transport and order daily necessities. For the first time in our industry, we are now providing clients with that same convenience, choice and transparency in how they can access and experience Vistra Global Solutions’ services. Companies can go online to set up an entity and open a business account in key jurisdictions, achieving in minutes what used to take days. This puts powerful new capabilities in the hands of our clients while ensuring they still benefit from the real-world support of Vistra’s global experts.”
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