Singapore, 21 November 2024 - Cynopsis Solutions is pleased to announce a strategic partnership with Governance Risk & Compliance Solutions (GRC Solutions), a leading provider of compliance eLearning solutions. This collaboration introduces our comprehensive KYC/KYB/AML and CFT solutions alongside GRC Solutions’ expert regulatory training programs, delivering a well-rounded and robust approach to AML compliance management for both our global client and partner networks.
Addressing the Evolving Compliance Landscape
As regulatory frameworks become increasingly complex and frequent, businesses require more than just effective compliance tools. They need a well-trained team to navigate these changes with confidence. This partnership addresses that need by combining specialised regulatory training with our advanced compliance technology, providing businesses with a comprehensive framework to meet regulatory standards and ensure their teams are prepared for ongoing regulatory developments.
Beneficiaries of the Partnership
This partnership benefits organisations across regulated industries such as Finance, FinTech, Real Estate, and Insurance, all of which are under increasing pressure to meet stringent KYC and AML compliance standards. By providing access to Cynopsis Solutions' robust compliance solutions and GRC Solutions' expert-led training programs, organisations can equip their teams with the latest knowledge to minimise compliance risks and stay ahead of evolving regulations.
Empowering Teams with Tailored Compliance Training
Through this collaboration, businesses gain access to tailored training programs designed to help teams stay current with the latest KYC and AML regulations. Whether for onboarding new employees or providing ongoing professional development, these programs ensure that staff are always equipped with the most up-to-date knowledge necessary to meet evolving compliance requirements. This proactive approach strengthens organisational compliance efforts, reduces the risk of non-compliance, and fosters a culture of continuous learning.
Concluding Statement
The partnership between Cynopsis Solutions and GRC Solutions provides a holistic approach to AML compliance management. By introducing our end-to-end KYC/KYB/AML and CFT compliance solutions to new audiences, alongside offering access to GRC Solutions’ expert training programs, we empower businesses to strengthen their compliance initiatives and build more knowledgeable, capable teams. This collaboration underscores our shared commitment to equipping businesses with the right tools and expertise required to successfully navigate the complexities of ever-evolving AML regulations.
About GRC Solutions
GRC Solutions is a leading provider of comprehensive Governance, Risk, and Compliance (GRC) training solutions, empowering organisations to navigate the complexities of regulatory compliance with confidence. With a deep commitment to innovation and client success, GRC Solutions helps businesses foster a culture of compliance through highly customisable training programs designed to address the evolving regulatory landscape.
The company’s flagship Salt® Compliance LMS platform is a powerful, cloud-based tool that streamlines the scheduling, delivery, management, and reporting of online compliance training. Equipped with adaptive eLearning technologies, Salt® enables organisations to enhance speed to competence and reduce mandatory training hours, ensuring compliance requirements are met efficiently.
For businesses seeking to tailor training to specific needs, Salt® Adaptive offers a dynamic course authoring platform with seamless integration to Salt® LMS. It features robust reporting, analytics, and efficient tracking of Continuous Professional Development (CPD) points, ensuring businesses stay ahead of industry trends while maintaining compliance.
GRC Solutions also offer IBF-accredited training for financial professionals in Singapore, covering critical topics such as Anti-Money Laundering, Cybersecurity, and Fraud Awareness. With up to 70% funding support, these expert-led courses provide professionals with the tools they need to meet mandatory compliance requirements and strengthen their organisation’s culture of compliance.
About Cynopsis Solutions
Cynopsis Solutions is a leading provider of regulatory technology solutions, specialising in KYC/KYB, AML, and CFT compliance. Headquartered in Singapore, Cynopsis Solutions enables organisations worldwide to digitise and automate their compliance processes, ensuring they stay ahead of rapidly evolving regulatory landscapes.
Recognised for its innovation and industry leadership, Cynopsis Solutions has received notable accolades, including the MAS FinTech Awards, RegTech100, and recognition as one of the Financial Times' Top 50 High-Growth Companies in APAC.
Cynopsis Solution’s comprehensive, end-to-end solutions are aligned with global FATF recommendations and are deployed in more than 180 jurisdictions. Through the company’s robust compliance solutions, Cynopsis Solutions has successfully supported businesses across various industries, including Banking and Financial Services, Property Development, FinTech, Cryptocurrency, Professional Services, and Gaming.