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Mainframe Cloud
Australia
2015 (10 Years)
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Security Information
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 Mainframe Cloud
Company Information
Get to know Mainframe Cloud
The Mainframe Cloud platform is a wrapper that allows new mainframe applications to be developed in web code (i.e. JavaScript, HTML5) without requiring code changes on the mainframe. Typically, new mainframe applications developed using web service solutions require complex code changes both on the mainframe and the web service platform. MfC's micro-services approach decouples the business application logic from the mainframe applications eliminating complexity and providing customers with a more agile (and cost effective) approach to the development of new or the modernisation of existing mainframe applications.
Industry
- Financial BankingPRIMARY
- Financial Insurance
- Technology Software Development
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