SUMMARY DESCRIPTION

• Compliance support to businesses, especially in KYC, AML and other risk management processes
• Creates a RegTech ecosystem: platform with API feeds from other providers to enable the client to access relevant software for rapid onboarding
• Integrates data checks into the process
• Manages risk and compliance through the customer life cycle
• High service levels leading to increasing retention

OPPORTUNITY/INVESTMENT THESIS

• Compliance regulation ever-present and increasing, with increasing risks to integrity of data
• Range of data sources available to client but need to be integrated seamlessly if possible
• Pressure on CTO budgets making easy integration and onboarding, with limited in-house developer time, essential
• Service orientation increasingly important, especially to bring onboard other suppliers as needed