Member Spotlight – Govix

Tell us a bit about yourself and Govix

I’m Nicholas Swietlik, co-founder of Govix. I spent 15 years in enterprise risk advisory in the UK, working with accountancy firms across private and public sector clients. I moved to Jersey a decade ago, shifted into anti-financial crime and regulatory compliance within financial services, gained an International Diploma in Anti-Money Laundering, and served as Group Enterprise Risk Leader at Ogier before co-founding Govix in March 2025 with Peter Slight. Peter built the technology after 20 years of engineering leadership at Trint, Sparkol and others. We have known each other since we met at middle school in 1989. I run the commercial side. He runs the technology. We both shape the product because we each understand a different half of the problem.

What does Govix do, and what problem are you solving?

Every regulated firm has policies that have to stay aligned with the regulations they’re written against. People change roles. Regulations get updated. Nobody updates the procedures to match. Closing that gap manually costs 60 days of senior compliance time on a single regulation.

Govix is a technology company building for regulated industries. We structure the intelligence, not hold your data. Our first product, GapSure, maps a firm’s policies against a verified regulatory knowledge base, identifies compliance gaps, generates systems-drafted improvements for the compliance team to review and approve, and returns stronger procedures with an audit pack tracing every change to its regulatory source.

Our second product line delivers verified regulatory obligations as data. We sell direct to firms today, with distribution through major data marketplaces to follow.

What inspired the launch of Govix?

Over the course of my career I designed, implemented and operated risk and compliance systems. They all had the same limitation. The evidence already exists in the business. It sits in formats built for humans, not for computers to process. Someone has to ask someone else for it, re-enter it, and maintain it. For most firms, that administration overhead stays.

Govix exists to structure that data. Peter and I chose to start with the alignment between regulatory obligations and a firm’s procedures, because if that alignment is broken, everything downstream in the compliance programme fails. GapSure proved the approach. The company is bigger than one product.

Can you tell us more about GapSure and how it works?

Before GapSure, the work looked like this: copy-paste from PDF regulations into Excel, copy-paste from multiple Word document policies into the same spreadsheet, compare them line by line. Compliance teams spend months on a single regulation.

Mapping and gap analysis is a solved problem. GapSure does it in minutes. It maps a firm’s policies against a structured regulatory knowledge base, obligation by obligation, scores compliance coverage across five categories, flags the gaps, and generates systems-drafted improvements in a collaborative editor. The compliance officer reviews each suggestion, approves or edits it, and exports the compliance map and updated procedures with a full audit pack linking every change to the regulation that required it. Once mapped, GapSure monitors the regulation and flags when a change affects the firm’s coverage.

At one firm, GapSure mapped a 300-line handbook section and scored 25.7% of compliance items as Insufficient. The Head of Compliance reviewed and approved improvements on 100 of those lines. That alone brought the Insufficient rate down to 5.3%.

GapSure is live with firms in Jersey, the UK and the EU, including multinationals managing trillions of dollars in assets. The structured JFSC AML Handbook we built is in production use across dozens of regulated firms in Jersey.

What are some of the biggest compliance challenges firms face today?

The pace of regulatory change is the one that affects every firm. This month the JFSC published an updated AML/CFT/CPF Handbook effective 31 May, with further changes to the MLCO framework coming 30 June and Reliance regime changes following on 31 October. Three rounds of handbook updates in five months. Each time, every regulated firm needs to check whether their policies and procedures still hold up against the new requirements.

Resource is the second challenge. Jersey firms are often small. The compliance officer covers AML, data protection, risk, governance, and regulatory reporting. Asking that person to also track every regulatory update and map it against every procedure is unrealistic without better tools.

The third is trust in technology. Compliance officers are under pressure to adopt new tools, but they need those tools to show their working, produce auditable outputs, and keep the human in the decision. A suggestion without a source and an audit trail is a liability, not a shortcut.

How is AI changing the future of compliance and regulatory operations?

AI has been in compliance for years. Transaction monitoring uses machine learning to cut false positives. Sanctions screening runs on NLP and fuzzy matching. KYC combines ML, OCR, and RPA. Generative AI drafts SAR narratives for compliance officers to review. These are established, proven use cases.

The same technologies are being used against those defences. Deepfake face-swaps bypass video KYC checks on standard laptops with sub-50-millisecond latency. Synthetic identities built from stolen data and AI-generated documents pass onboarding checks because the underlying components are real. Fraud-as-a-service tools that do this cost less than fifty dollars a month. INTERPOL reported an increase in AI-facilitated synthetic identity fraud in March 2026.

At the same time, the regulatory perimeter is expanding. VASPs, DeFi platforms, and tokenized assets are being brought under the same AML expectations as traditional financial services. More activities to regulate, more threats to detect, more procedures to keep current.

The compliance teams responding to all of this are the same small teams described in Q6. The tools are getting faster on both sides.

What made you join Digital Jersey?

I’ve been connected with Digital Jersey since before Govix existed. Years ago, the DJ Academy gave me training and insight into technologies that helped me understand what was becoming possible. When I started Govix in 2025, rejoining DJ was obvious. From the first conversation in September last year, the team has been supportive in a way that goes beyond membership. They back Jersey tech businesses and you feel that from day one.

What have you enjoyed most about being part of the community so far?

The access. DJ supported us with tickets to Slush in Helsinki, which gave us exposure to the European startup ecosystem at a stage when that mattered. The networking has connected us with people across Jersey’s financial services and technology sectors. The marketing support has given Govix visibility we couldn’t have built alone at this stage. And being shortlisted for the Tech Awards in our first year was a moment that validated what we’re building.

What are your goals for Govix over the next 12 months?

Growth through adoption. We want more regulated firms using our architecture and products so we can grow the engagement, feedback, and iteration loop that makes the technology sharper. Every firm that uses GapSure teaches us something about how compliance teams work in practice. That feedback drives the next version.

Beyond Jersey, we are building out the community in multiple jurisdictions and growing the team to look after those relationships. The architecture scales. The relationships need people.

Any exciting projects, pilots or milestones coming up?

Several. We are expanding the regulatory coverage beyond AML, extending GapSure into new jurisdictions, and bringing our regulatory data feeds to market. The product development cycles are fast and continuous. We are shortlisted for the Digital Jersey Tech Awards Start-up Award in October. We built the hard thing first. What comes next moves fast.

What do you enjoy outside of work?

Family, exercise, nutrition, good coffee, good wine, travel.

To learn more, visit Govix.