Heliocor Partners with LAN2LAN to deliver AML/KYC offerings globally.

London, Feb 26, 2019 (Issuewire.com) – Heliocor, an emerging regulation technology company based in London, UK today announced that they have signed a partnership agreement with LAN2LAN Limited based in Leatherhead, England, United Kingdom for professional services and implementation of their AML/KYC offerings.

The agreement will help utilize Heliocor to take advantage of LAN2LANs network infrastructure design and implementation skills. These provide support right across the Cloud, Hybrid Cloud, Secure Wireless, Mobility and CyberSecurity spectrum offering Heliocors clients huge flexibility to strengthen their Due Diligence solutions. Heliocors solution makes it easier than ever to harness the increased efficiencies, greater security and lower costs associated with processing fraud detection during transactions, KYC and AML checks, without needing to make significant changes to existing infrastructure.

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As businesses evolve, fraud detection and the safeguarding of digital identity will play an increasingly important role globally, said Pankaj Vekria, Commercial Director of LAN2LAN. Collaborating with Heliocor on the infrastructure and professional services level will allow us to expand our business, enabling our financial institution clients to enjoy RoboliticsTM integrated fraud detection and Dokstors seamless KYC & AML to protect them.

Today, suppliers have to balance their own regulation preference with the preferences of their customers compliance department and those two preferences dont always sync up, said Vikas Tripathi, Managing Director of Heliocor. RoboliticsTM is designed as a real-time Monitoring, Alerting & Reporting platform providing Cross Asset Class and Cross Regulation surveillance, integrating them into a single platform. Dokstor is designed to improve the process, simplifying the document gathering and sharing the process and removing much of the traditional frustrations associated with the capture of documents for KYC and AML onboarding. Creating this type of seamless customer experience in the B2B space is extremely important to us and the wider industry.

 

About Heliocor

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Heliocors mission is to radically reduce and potentially eliminate the $300 billion annual cost of fraud globally by building an anti-fraud ecosystem based on its existing products.

Today, Heliocors core product is RoboliticsTM, a high-speed data analytics engine, that helps financial institutions manage their compliance more effectively and much more cheaply than other solutions. Its proven technology, using AI, neural networks and machine learning, is working in Tier 1, 2 and 3 financial institutions today.

Heliocor also supports clients with Know Your Client (KYC) and Anti Money Laundering (AML)) onboarding via its Dokstor software which uses blockchain encryption. Dokstor is available as an API (linked to RoboliticsTM) and as a standalone App (in the Play andApp Stores).

Combining the two developed and delivered products, two more developing products, with the leveraging the power of blockchain, Heliocor intends to build worlds first global anti-fraud ecosystem to radically reduce and potentially eliminate identity fraud.

About LAN2LAN

Lan2Lan devise clever solutions to solve the IT challenges of Cloud, Hybrid Cloud, Secure Wireless, Mobility, and Cyber Security. Our world-class team of advisors is wide- acknowledged for the innovative use of technology in enhancing, improving and digitally transforming businesses.

Our 24-year heritage ensures that wherever your workloads and applications reside they will be fast performing, highly secure and deliver the desired business outcome.

Media Contact

Heliocor

[email protected]

02030066411

[email protected]

https://www.heliocor.com/

Source :Heliocor

This article was originally published by IssueWire. Read the original article here.

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