Regtank and Emlo Technologies Announce Strategic Partnership
FOR IMMEDIATE RELEASE, Singapore—Regtank, a leading provider of a one-stop software-as-a-service compliance solution announces strategic partnership with Emlo Technologies to broaden services with further AML automation and cryptocurrency services.
Emlo Technologies is an enterprise-level platform that helps clients from money services business and investment sectors, achieve an effective AML program and acquire an in-depth understanding of a customer’s risk profile through an all-in-one MIS system. This is possible with their modular and extensible system that provides access to core operational services. Emlo Technologies enables clients to stay compliant and relevant in this dynamic global landscape with increasing pressure on regulatory compliance through their services; Emlo FX, Emlo Compliance, and FxBiz.
Regtank is a patent-pending Software as a Service (SaaS) with a risk-based approach compliance solution for managing cryptocurrency compliance and risks. This is achieved using their proprietary smart risk assessment technology that integrates Know Your Customer (KYC) and Know Your Transaction (KYT) protocols for 360° risk profiling. Serving clients from cryptocurrency exchanges to fund managers, Regtank is built to help clients comply with fast-changing regulations across the globe in a flexible and automated manner, increasing productivity and accuracy for the relevant compliance departments.
Through this partnership, Regtank and Emlo Technologies strive to merge their expertise to strengthen efforts in providing holistic risk management of digital assets.
'We are pleased to support Emlo Technologies on their vision to help clients implement an effective AML program and acquire a good understanding of a customer’s risk profile. This partnership marks Regtank’s commitment to provide a world-class compliance tool and simplify compliance for future generations.' – Megan Lee, Co-founder, Regtank Technology Pte Ltd.
'With the mainstream adoption of crypto currency trading and the movement towards more regulations, money service businesses will struggle to capture the opportunities presented by digital currencies. Our partnership with Regtank and their cutting edge compliance and risk management of crypto transactions, will provide Emlo's clients with a simplified and enhanced way of managing the regulations and risks of transacting with digital currencies.' - Chris Liew, Co-founder Emlo Technologies Pte Ltd.
Regtank is the leading provider of a one-stop software-as-a-service compliance solution, serving to revolutionize the compliance landscape. Adopting a risk-based approach (RBA) incorporating both KYC and KYT into a single consolidated platform, Regtank has innovated a comprehensive and advanced AML/CFT smart risk assessment engine that can automatically classify the risk of individuals tailored to the risk matrix of the clients. Regtank today provides risk assessment and management, screening, record keeping, ongoing due diligence, transaction monitoring, blockchain analytics, and the identification of the origin of funds. For more information, you can visit us at https://regtank.com/.
About Emlo Technologies
Emlo Technologies is an enterprise-level platform that helps businesses be efficient, stay compliant and remain relevant in an increasingly competitive global landscape with greater regulatory scrutiny. The modular and extensible system provides access to core operational services such as business management, wholesale trading, live market data and compliance screening system. These services are also available through APIs and Emlo Tech is used by businesses in different countries. For more information, you can visit us at https://emlotech.com/.
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