TECH NEWS

Telindus DigitalKYC and Tokeny partner to enable fully digitalized KYC for tokenization

LUXEMBOURG – October 07, 2019 – Telindus DigitalKYC and Tokeny announce their partnership to ensure a fully compliant KYC for Tokenization activities in view to boost digital finance.

October 7, 2019

Frank Roessig, FinTech Lead at Telindus

Tokenization allows the efficient digitalization of assets in view to streamline transactions, including issuance, like STOs, onchain transfers and securities servicing. Those must be processed in a manner that is compliant with AML, KYC, MiFID and similar regulations.

This is where DigitalKYC by Telindus ensures the compliance with multiple regulations and enables a fluid and efficient KYC process. DigitalKYC covers the whole KYC-lifecycle and is highly tailorable to various tokenization business models. Users experience a fast and easy KYC-journey that is fully digitalized through an omni-device approach. Compliance teams take advantage of a qualitative and secure workflow.

“Tokenization is a key building block for the digitalization of Finance and must ensure compliance in view to grow. We at Telindus are excited to enable game-changing businesses together with Tokeny by ensuring a compliant and efficient KYC. It is inspiring and enriching to contribute to building the Future of Finance” comments Frank Roessig, FinTech Lead at Telindus, a Proximus Luxembourg brand.

“We are developing a strong ecosystem of partners that complement our tokenization solutions. Essential to this is onchainID, a decentralized system that enables market participants to identify themselves on the blockchain and participate in the digital era of finance. In this light, we are pleased to partner with Telindus, as their services provide the KYC and AML services that are needed in the on-boarding of investors and also the secondary trading of security tokens.” commented Luc Falempin, CEO at Tokeny Solutions.

 

[toggle title =”ABOUT  “]TELINDUS
As of January 1st, 2019, Telindus is a brand of Proximus Luxembourg SA.

Founded in 1979, Telindus Luxembourg assists all businesses and organisations in their digital transformation, by providing holistic ICT & Telecommunications solutions and tailored support services.

Telindus’ approach encompasses Fixed and Mobile Telecommunications, ICT Infrastructures, Multi-Cloud, Fintech solutions, Cybersecurity and Managed Services. Through its Training Institute, Telindus addresses the whole scope of its customers’ challenges, allowing professionals to stay at the cutting edge of ICT best practices and latest technologies.

TOKENY

Tokeny Solutions enables mid-cap companies, investment banks, funds, asset managers and distributors to dematerialize assets on the blockchain, allowing them to reach a global audience, enforce compliance obligations, enable automation and increase operational efficiency. 

The Luxembourg-based FinTech company is the market-leader in delivering an institutional grade, modular end-to-end platform, allowing for the issuance, transfer and servicing management of tradable digital assets/security tokens, such as tokenized loans, structured notes, equity and funds. Tokeny Solutions has issued multiple tokenized offerings across five continents with further security offerings imminent.[/toggle]

 

 

Watch video

In the same category