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SEKOR AI
Canada
Jan 2022 (3 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 SEKOR AI
Company Information
Get to know SEKOR AI
Artificial intelligence (AI) applications pose several ethical issues (e.g., transparency) given current regulations and security & privacy concerns regarding the past AI incidents (e.g., discrimination in Amazon recruitment, Uber car crashes) causing bad reputation, stock decrease, investor abandonment, customer losses and deaths. Sekor AI offers SaaS solutions for end-to-end audit and security of AI applications based on fairness indicators from design to production, to accelerate their go-to-market following AI ethics regulations and standards. Sekor AI is part of MILA Entrepreneurship, Centech, CEU Montreal, and QcSE V1 Studio. Sekor AI partners with insurance and policy organizations in Canada & US to propose cover plans related to damages caused by AI incidents and ensure that AI products are certified before going to market.
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- Financial InsurancePRIMARY
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