We have successfully concluded our participation at the two-day webinar “RegTech Live: Driving Compliance through Innovation” that was co-organised and hosted by Dubai International Financial Centre (DIFC) and Dubai Financial Services Authority (DFSA), held on 10 - 11 November.
The two-day virtual event had gathered various esteemed industry experts and leaders including representatives from DIFC and DFSA, where hot pressing topics such as the impact of COVID-19 on regulatory compliance, digital transformation in the United Arab Emirates (UAE) and mitigating risks in payments were thoroughly discussed through a series of keynote sessions and panel discussions.
Our Co-Founder and CEO (EMEA), Mr. Avere Hill had the opportunity to represent Cynopsis Solutions at Day 2 of the virtual event, where he was actively involved in a panel session alongside with several other industry speakers on the topic - Mitigating risks in payments. The wide expertise of the panelists contributed to an active discussion during the 30-minutes panel session. The panelists shared their views and thoughts on the current ever-increasing risks faced by firms in the Payments, Financial Technology (FinTech) and Banking & Financial Services sectors, the challenges faced by firms in these industries in adopting and leveraging technologies to mitigate these risks, as well as their views on the partnership between Financial Institutions and FinTech firms to constantly keep up with innovations and stay ahead of the curve.
Besides participating in the informative panel session, Avere also had the opportunity to participate in the demonstration session where he briefly introduced Cynopsis Solutions as well as our end-to-end KYC/AML Solutions - ARES (Digital Onboarding solution), ARTEMIS (e-KYC platform) and ATHENA (Transaction Monitoring tool) to the attendees. Towards the end of the 10-minutes demonstration, Avere also showcased a short product video on our flagship product - ARTEMIS and also answered some questions from the audiences during the Q&A session at the end of his demonstration session.
It was a great pleasure to be part of this virtual event to share our expertise in RegTech and exchange meaningful discussions with aims to build a more robust regulatory environment in the region. Following the opening of our 5th global office in Abu Dhabi, and our on-going involvement at the DIFC FinTech Hive Accelerator Program early this year, our participation at this two-day virtual event continues to open up exciting opportunities for Cynopsis Solutions while increasing our presence in the region.
We look forward to participating in more similar webinars next year!
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.