Introducing Our Latest Partner, knnct: Enhancing Mortgage Loan Process with Our KYC/AML Solutions

We are more than delighted to announce our latest partnership with knnct, a modernized platform driven by AI that seamlessly connects mortgage lenders and brokers online. Recently chosen as one of the top best Toronto-based Information Technology companies, knnct’s innovative mortgage marketplace uses AI to intelligently match and connect those needing loans with those looking to lend by matching borrowing needs to lending criteria.

As a globally trusted RegTech Solution provider, Cynopsis Solutions yearns to build up a more secure and robust regulatory ecosystem for knnct when it comes to digital onboarding, conducting Ongoing Due Diligence, and monitoring of transactions between brokers and lenders with our award-winning AML/KYC Triple A products (Ares - Digital Onboarding, Artemis - e-KYC and Athena - Real-time Transaction Monitoring). The collaborative partnership attempts to foster and scale up each other’s businesses with the specialties in our respective fields, and most importantly, we promise to reinforce knnct’s compliance obligations while simplifying their prospects’ onboarding process with our dominant solutions.

“As we expand our market reach globally, we are very glad to be working with knnct to assist clients in Canada with our AML/KYC products in order for them to achieve a better regulatory outcome amidst increasingly tough regulatory environment they are facing”, noted Chye Kit Chionh, CEO & Co-Founder of Cynopsis Solutions.

“We are called knnct – because simply that’s what we do – we connect brokers and lenders with each other. knnct is driven to find faster, easier, and more convenient ways to remove friction from the lending process. And we are delighted to partner with Cynopsis Solutions to provide brokers and lenders with access to their innovative AML/KYC technology solutions that provide better and more detailed information about potential borrowers and that we believe will help to continue to improve the lending process”, stated Chuck Allen, CEO & Founder of knnct Markets Corp.

About knnct

Founded in 2018 and headquartered in the Toronto area and with a Calgary office, knnct’s mission is “any mortgage, anywhere, anytime, anyone”. knnct Markets Corp. uses its proprietary one-to-many technology platform to enable lenders & brokers to work more efficiently and more quickly by improving the quantity and quality of deal flow for lenders AND by creating a faster and easier process for brokers to be able to connect with the right lenders and to have access the most relevant information. knnct is disrupting the lending process by making lending faster, more convenient and more efficient. knnct was been chosen Top 5 North American FinTech companies by the Abu Dhabi 2020 FinTech Challenge and Top 10 FinTech companies by the TAG South FinTech 2021 Challenge and as one of the Top 100 FinTech 2021 companies in Canada.

About Cynopsis Solutions

Founded in 2014 and headquartered in Singapore, Cynopsis Solutions offers RegTech solutions designed to digitise and automate Compliance and regulatory processes, in particular know-your-customer, anti-money laundering, and counter-terrorism financing. Cynopsis Solutions’ accolades include MAS FinTech Awards (2018), RegTech100 (2018, 2019) and Financial Times Top 50 High Growth Companies in Asia-Pacific.

Our end-to-end KYC/AML solutions are designed according to the global FATF recommendations, applicable to more than 180 jurisdictions and is already helping more than a thousand B2B customers in the Banking, Financial Services, FinTech and Cryptocurrency, Professional Services and Gaming sectors globally. | Twitter | LinkedIn | Facebook | Instagram