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Tokeny Solutions And Cynopsis Partner To Offer Streamlined Compliance

Date 12/03/2020

Cynopsis and Tokeny Solutions are pleased to announce they have formed a partnership with the goal of providing their clients with a smart, secure and streamlined compliance solution. The partnership ensures smooth investor onboarding and ongoing KYC & AML checks are processed using Tokeny Solutions’ services and Cynopsis’ Triple A products – Ares, Artemis and Athena.

Founded in 2017, Tokeny Solutions is the leading provider of tokenization technology. They have worked with over 35 offerings across real estate, debt, equity, funds, utility and welcomed Euronext as their strategic investor. Their success has been recognised with awards from the likes of KPMG, FinTech 50 and most recently Sifted, a list of top European fintechs backed by the Financial Times.

We are very excited to be working with Tokeny Solutions, a leading tokenization platform. We truly believe our mutual clients will benefit from this partnership as our models align beautifully with a focus on allowing companies to dematerialise assets on the blockchain, through the use of technology, while enforcing ever increasing compliance obligations.

Cynopsis’ products cover the entire KYC & AML process from pre-transaction customer onboarding to post-transaction monitoring, effectively detecting and preventing unwanted entities from participating in any offering. Combined with Tokeny Solutions’ services, ONBOARD, T-REX and ONCHAINID, the universal identity system, issuers are able to issue digital assets compliantly and securely.

For companies that are looking to benefit from utilising blockchain technology they need to have the correct partners in place to ensure they are adhering to the rules and regulations that govern capital markets. By integrating Cynopsis’ KYC & AML solutions with ours, we deliver benefits such as automation and digitisation whilst incorporating a complaint-by-design approach.

Fully understanding the potential of blockchain technology and the increasing need for regulatory adherence of companies that operate in its space, the two companies are able to provide their clients with a secure, compliant and end-to-end capital raising service.