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Candor Technology
United States
2018 (7 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 Candor Technology
Company Information
Get to know Candor Technology
Candor uses proprietary Mortgage Decision Science for lenders to analyze problems, take steps to resolve them and make the necessary decisions to move the loan to closing. Its Mortgage Decision Science Technology leverages a patent pending logical infrastructure made up of 37,741 decisioning steps (which is expanding daily). Each decision step, called a “pivot point,” is a very narrowly defined problem. When Candor LES encounters a “pivot point,” it responds dynamically, always in sync with the context of the problem, always choosing the right course of action and always advancing toward a valid solution.
Industry
- Financial Other ServicePRIMARY
- Technology Software Development
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