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StremX
Israel
01 Jan 2017 (8 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 StremX
Company Information
Get to know StremX
StremX focuses on developing business process solutions that streamlines all mortgage related tasks and processes. Its modular architecture and use of distributed ledger technology provides flexibility and reliability. It records relevant information and data about the mortgage loan application and process. All the data and events taking place are registered with digital identities, in such a way that they can be recovered in an efficient and reliable way by all players in the mortgage value chain. Founded in 2017, StremX aims to redefine the way mortgage lenders interact inside the organization and with third parties and public record that are relevant for the mortgage origination process. It is headquartered in Be'er Sheva, Israel.
Industry
- Financial Other ServicePRIMARY
- Technology Software Development
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