Congratulations to Cynopsis for winning the first runner-up for Singapore Founder MAS FinTech Awards in this year’s Singapore FinTech Festival!
The Monetary Authority of Singapore (MAS) has recently announced the winners for the MAS FinTech Awards 2018 at the Singapore FinTech Festival. Powered by PwC in partnership with the Monetary Authority of Singapore (MAS), this award ceremony was one of the highlights of the event.
Cynopsis is a RegTech Company that offers a range of Software-as-a-Service (SaaS) products to help clients in the Financial Services Sector (including FinTech and Cryptocurrency start-ups) and the Professional Services Sector better comply with ever-increasing regulatory requirements, in particular anti-money laundering (AML), counter-terrorism financing (CTF) and Know-Your-Customer (KYC).
Named as the first runner up in the Singapore Founder FinTech Award category, Cynopsis Solutions is pleased to be given the prestigious award that recognises companies with the most promising FinTech solutions. All the winners of the award were rigorously evaluated and selected based on a stringent list of criteria; mainly in terms of impact, practicality, interoperability, uniqueness and creativity. We are honoured to stand out amongst the rest and attain the recognition even with the strong competition this year.
When asked about our founder, Chye Kit’s feelings on winning the award, he said “For many firms, KYC is still a highly manual process especially the smaller and medium size enterprises. We are delighted to receive this recognition for our work in helping financial and professional services companies to streamline and automate their KYC requirements.”
Clinching the first runner up Singapore Founder FinTech Award is a recognition for the hard work and effort that Cynopsis has put into developing our products. As we work towards the goal of promoting regulatory inclusion, Cynopsis will continuously strive to further improve our products and provide high-calibre solutions for our valued clients to stay ahead of the regulatory curve in this digital age.
About Cynopsis Solutions:
Cynopsis Solutions was established in Singapore in 2014 and offers regulatory technology (reg tech) solutions designed to automate KYC processes. It has operations in Singapore, UK, Taiwan and Vietnam. Cynopsis Solutions has been recognized as one of the REGTECH100 – an annual list of 100 of the world’s most innovative RegTech companies as determined by RegTech Analyst, a RegTech intelligence platform.