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Ascent Business Technology Inc
United States
21 Apr 2015 (10 Years)
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What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Ascent Business Technology Inc
Company Information
Get to know Ascent Business Technology Inc
Ascent Business Technology is a software platform company offering Enterprise SaaS & in Premise Solutions, specialized in Financial Control & real-time transaction reconciliation & Enterprise Resilience catering to the business needs of the global Banking and Financial Industry. Ascent brings the best technology and functional minds together and aspires to create a difference across the globe through its niche software products and solutions offerings. Ascent DNA is in building operational efficient solutions with a primary focus on Financial Institutions and various other mission critical Industries. Ascent has made significant investments in its Research and Development Center to continuously enhance the Software product portfolio and stay ahead with its competitors on a global platform. Ascent is a Software Product IP Company and has successful product engagements with some of the large Banks & Financial Institutions in automating transaction processing and handling reconciliation related challenges through Ascent’s proprietary AutoRecon Software. Ascent also automates Business Continuity Management manual activities through its second product AutoBCM which is multilingual and also helps organizations in a performance-based resilience strategy.
Industry
- Financial BankingPRIMARY
- Financial Other Service
- Technology Software Development
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