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TCP LifeSystems
United Kingdom
1989 (36 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 TCP LifeSystems
Company Information
Get to know TCP LifeSystems
TCP LifeSystems is a specialist in insurance software systems which provides the latest self-service solutions to the Life and Pensions insurance industry.Since 1989, TCP LifeSystems have been delivering software solutions to Life and Pensions Insurance companies globally. These clients have relied on their software to manage several million customer transactions every year. They are extremely active in the industry, including the co-sponsorship of the UK's annual Protection Review. Being passionate about the business they serve and the role technology has to play in the future of the Financial Services market, they regularly present at industry forums and events. Their approach is genuinely very different to other suppliers, and their purpose is simple... to ensure their clients gain genuine commercial advantage from the use of their software.
Industry
- Financial InsurancePRIMARY
- Financial Other Service
- Technology Software Development
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