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Nexilis
United States
20 Mar 2020 (5 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 Nexilis
Company Information
Get to know Nexilis
Nexilis provides a comprehensive P&C insurance processing platform and services that manages all underwriting and product distribution needs for P&C Insurers, that is woven with emerging technologies, digitalization and innovation, creating a seamless business experience Nexilis is revolutionizing how the insurance industry utilizes and seamlessly integrates AI, Blockchain and predictive models into everyday insurance transactions Nexilis is the Latin word for woven together, intertwined…..and that’s exactly our goal when it comes insurance processing environments – create a seamless business experience that takes advantage of the most advanced technological tools available, creating valuable and usable insight into specific risks and a company’s book of business to optimize profitability in a supremely efficient platform.
Industry
- Financial InsurancePRIMARY
- Financial Other Service
- Technology Software Development
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