Weekly Update 28th January 2022
The first chapter of 2022 was all about working hard to prepare for our upcoming updates. Looking back, it was extremely satisfying to see the team working all together in making the Sekuritance’s dream come true. Get ready for February!
This week we end the month with few but interesting updates:
Merchant and Sub-merchant deployment
This week we deployed the Merchant and Sub-merchant hierarchy onto the production environment. This functionality will be used by launchpads to have access to all their launches with the same set of credentials rather than separate ones.
They can see the real-time applications coming through and the KYC status of all participants in that particular launch. In the coming weeks, we will be enhancing the same portal to include the real-time launch graphs.
UAT environment is up and running. We will be migrating clients to this new environment in the coming days as well.
Data and a New Age of Risk Management
Data-driven risk management is the compilation and analysis of data from a variety of sources which is used to identify, forecast and ultimately mitigate issues in business operation. Using data, AI and machine learning can help to augment risk management in business activities to a point where solutions can pre-empt the problems occurring. Read more about it here.
DeFi and The Wealth Gap
In our latest blogpost, we took a look at understanding a bit more what decentralised finance is and its relationship with the wealth gap. As the wealth gap in societies continues to widen it has become apparent that rebuilding these societies and economies based on old decisions and processes is no longer effective. The world has changed drastically and, while the power is still held by a small number of people and organisations, especially in the traditional finance industry, people are beginning to see the innumerable benefits that can come along with decentralisation. Get to know more about it here.
Big Things around the Corner
The Sekuritance team has been working on a few great features to provide a better experience for our users, while also providing a new product range for the RegTech world. We are preparing for a massive uptake in Sekuritance during April 2022 with an updated roadmap (based on the experience and feedback received in the last 12 months) and new innovative features. Sit tight everyone.
The Sekuritance RegTech platform provides a single platform for every eGRC need, including end-to-end AML/CTF, CECL, FCPA, vendor management, beneficiary onboarding, investor check, card processing MFA checks, blockchain wallet checks, cyber-risk assessments, and other RegTech or Business Process Management requirements.
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