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CeleritiFinTech
United States
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 CeleritiFinTech
Company Information
Get to know CeleritiFinTech
CeleritiFinTech, is a banking software and services company that delivers digital software and services to global banking clients. This innovative enterprise, a joint venture of global IT leaders CSC (NYSE: CSC) and HCL Technologies (BSE: HCLTECH), helps banking clients globally extend investments in existing platforms and implement innovative solutions that combines people, technology, process and services to accelerate growth. CeleritiFinTech invests in platform modernization and product functionality enhancements to capitalize on the proven capabilities of both parent companies in addressing the multi-billion-dollar, global core banking software market. CeleritiFinTech has been formed to help the banking industry modernize its business environments through advanced core banking software platforms and a broad suite of services. These offerings address significant challenges associated with delivering a differentiated customer experience, product innovation, digital and cloud-based technology transformation, utilizing analytics and big data, achieving regulatory compliance, and driving cost reduction. This joint venture represents a strategic commitment to the banking software market coupled with the ability to bring the full range of services required to support banking clients in their modernization efforts. By forming a joint venture, CSC and HCL combine a collective level of vision, dedicated market/client focus, investment capital, software engineering expertise, integration services, global reach and corporate commitment.
Industry
- Financial BankingPRIMARY
- Financial Other Service
- Technology Software Development
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