Standardizing Compliance Processes

2020-05-19T19:33:49-04:00

Regulatory bodies tend to be siloed and part of a complex value chain responsible for a prolific amount of work. These conditions inherently create opacity and inefficiency, with a dangerous ripple effect.

Digitizing KYC Processes

2020-05-19T19:30:54-04:00

KYC processes are labor-intensive, often manual, and prone to error and fraud, both of which cost banks colossal sums. Additionally, the lack of standardisation across systems creates a huge amount of duplication.

Trade Finance

2020-05-19T19:32:02-04:00

80-90% of global trade relies on trade finance, yet there is a $1.5 trillion supply-demand gap. This is due to various complexities in the process, such as its sprawl across multiple borders and jurisdictions and its antiquated paper-based tracking system.