iMeta Technologies Ltd., at the forefront of delivering Entity Data Management technology, has joined forces with Avox Limited, the industry-leader in legal entity data services, to offer a complete, automated solution to address on-boarding and client data management requirements.
Specifically, this partnership links Avox web services with iMeta Assassin.
Avox web services provides clients with an enhanced level of flexibility and efficiency, enabling them to access and manage data held on their entities of interest in just a matter of seconds.
Tim Fox, Avox Product Manager, said, "Avox is a tried and trusted provider of legal entity data. A single entity linkage and a modular approach to addressing new regulations provides a framework that can evolve easily without the need for costly investment in infrastructure. Our new web services solution has been identified by iMeta as its preferred choice to complement their existing product offering, and we will work with them to deliver an improved client experience."
Ben Marsh, CEO of iMeta commented, "iMeta and Avox share a commitment to providing financial institutions with trusted solutions that deliver greater operational efficiencies and real cost savings. The decision to partner with Avox was an obvious one. By integrating our services, we'll be able to provide our customers with a comprehensive on-boarding solution that provides accurate regulatory data on our automated platform from start-to-finish."
iMeta's Assassin is able to assimilate all of the data required for on-boarding; including KYC, credit and legal, product account information and standing settlement instructions (SSIs) required for trading, into one central platform – achieving a single source of clean consolidated data across the whole organisation.
This partnership will enable organisations to automate the population of core data elements required for on-boarding new, and auditing existing clients, so that compliance with ever changing regulations can be met quickly and efficiently through streamlined operational processing. This enhances the customer experience of the organisation, as their details are processed rapidly through Assassin's central hub.