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SmartRecon Technologies
India
19 Nov 2017 (7 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 SmartRecon Technologies
Company Information
Get to know SmartRecon Technologies
SmartRecon is a young tech-startup transforming the way companies do reconciliation today by enabling end to end automation with greater accuracy, consistency and reliability. SmartRecon is a generic transaction reconciliation software product that helps automate various types of reconciliation within the organization such as payment reconciliation, tax reconciliation etc. A smart system with a robust customization capability which allows quick deployment, flexibility for future requirements and low cost of ownership without frequent upgrades.
Industry
- Financial Other ServicePRIMARY
- Technology Software Development
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