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RemitRix
Israel
31 Jul 2017 (8 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 RemitRix
Company Information
Get to know RemitRix
RemitRix provides Machine Learning solutions to allow portfolio managers to balance risk against performance, risk managers to better manage their risk map and actuaries to improve their internal models and to optimize solvency capital requirements for life insurers. The company's solutions automatically analyze the data, providing a more comprehensive risk assessment than traditional selective approaches. It provides insurance companies with a holistic risk management tool that helps insurers make compliant, efficient, and accurate predictions regarding capital and risk capital. RemitRix was founded in 2017 and is headquartered in Ramat Gan, Tel Aviv.
Industry
- Financial InsurancePRIMARY
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