Following the huge success of 2018 event, Paris FinTech Forum was back again this year on the January 29 & 30, 2019, focussing on addressing key issues related to digital finance in general and FinTech. The 2 day-event attracted over 2,600 attendees which include 220 CEO speakers and 120 exhibitors from 60 over countries, fostering knowledge exchange and enhancing networking opportunities among the various participants.
Cynopsis Solutions is pleased to have exhibited at this global event. Both of our CEOs, Chionh Chye Kit and Avere Hill (EMEA), alongside with our Sales Director, Dan Poh attended the event with the intention to broaden our global profile by meeting the global industry players and sharing our Regulatory Technology expertise with them.
During the 2 days event, we spent time with many professionals who have shared with us about their compliance pain points. The main concerns that have been raised include their struggles to meet the ever-changing regulatory standards, the resources and time constraints faced in keeping up with the necessary Know-Your-Customer (KYC) and Anti-Money Laundering (AML) / Counter-Terrorism Financing (CTF) checks.
Keeping their concerns in mind, we grabbed hold of this opportunity to showcase our wide range of products - ARES, ARTEMIS and ATHENA. Our solutions aims to resolve various compliance issues face by clients.
ARES - Digital onboarding platform that provides a digital non-face-to-face (e-KYC) onboarding process.
ARTEMIS - Our global leading KYC/AML software, focuses on providing automation and digitisation for our clients from various sectors which include the financial services, professional services, FinTech and Blockchain industry.
ATHENA - Helps to automate the transaction monitoring process, ensuring that onboarded users comply to AML/CTF regulations.
Lastly, with increasingly stringent regulations introduced, the team was pleased to demonstrate how our products resolve various compliance issues that financial institutions are facing throughout their business cycle. We are also glad to hold discussions with many industry leaders and professionals from financial institutions. This opens up many collaboration opportunities, allowing us to help clients streamline their KYC processes, ensuring that they keep in pace with the regulatory changes in a cost and resource-efficient way.
About Cynopsis Solutions
Cynopsis Solutions Pte Ltd is a RegTech company founded in 2014 and based in Singapore. We focus on anti-money laundering and counter terrorism financing softwares to automate the manual process and digitise the analogue records and documentation. Our Software-as-a-Service (SaaS) products are deployed in the cloud (Amazon Web Services) using industrial strength encryption, security technology and architecture design to ensure confidentiality and privacy of data stored. The unique proposition of combining our deep regulatory and Compliance expertise with smart use of functional technologies allows us to offer very cost effective anti-money laundering and counter terrorism financing solutions to smaller and medium size financial institutions, professional services companies as well as FinTech start-ups.