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PRX Control Solutions

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United States

Founded in

Jan 2012 (13 Years)

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Security Information

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    What are the differences in regulations for each

    License

    A Grade License

    Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

    B Grade License

    Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

    C Grade License

    Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

    D Grade License

    From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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    Company Information

    Get to know PRX Control Solutions

    PRX Control Solutions is a company that develops cloud-based applications for prescription control and health management, focused on reducing overall healthcare costs and improving quality of care. Our proprietary algorithms match health conditions with medications to detect improper prescriptions, abuse and waste in real-time at the point care or pharmacy. Our patient-centered app MatchMyRx helps patients understand better their prescriptions by allowing them to match their health conditions with medications, detect medications warnings, increase medications adherence and improve the communication with their healthcare providers. Until now we’ve saved health plans more than $35M in drug benefit costs with our solutions and we have the potential to save here in the United States $60B in the next 5 years. In PRX we don’t only focus on affordability but also on improving patient’s quality of care and outcomes by detecting improper prescriptions, medication warnings and uncoded chronic health conditions.

    Industry

    • Financial InsurancePRIMARY
    • Technology Software Development

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