Digital identity verification provider Blockpass has announced its first mainstream financial integration providing its eKYC service to Hong Kong based broker technology platform provider 2GoTrade. This new type of integration is a first for Blockpass, as it enters the broker market offering best-in-class Know-Your-Customer (KYC) and Anti-Money Laundering (AML) verification services to the 2GoTrade network.
2GoTrade’s platform service meets most brokerages applications and IT needs, while keeping complex and ever-changing development and around-the-clock operation of software, systems, infrastructure, command control, compliance, and pre-post trade processing away from brokers’ core business – serving customer’s trading & investment needs. Its primary services support Hong Kong Exchange and global equity products as well as China A/B shares for retail and institutional brokers.
Blockpass is a RegTech and Compliance platform which provides digital identity verification as a service. Through its network of partners, Blockpass is creating an ecosystem of pre-verified customers for easy and seamless customer onboarding for any regulated business and industry. The Blockpass portfolio of KYC Connect products allows businesses to implement the right solution for their needs through the use of an API.
This new integration of the Blockpass eKYC service will allow 2GoTrade to provide its 100 Hong Kong based broker clients with one-click customer verification, streamlining the process for brokers and customers alike.
Adam Vaziri, Blockpass CEO stated: “This is a particularly exciting integration of the Blockpass KYC Connect solution. By partnering with 2GoTrade, we are showcasing another unique and innovative use of our technology, and furthering the development of our ever-growing Blockpass ecosystem of customers and merchants.”
Jay Law, 2GoTrade CEO commented: “Blockpass KYC Connect is an ultimate customer onboarding solution for Financial Institutions in Hong Kong, and resonates well with the lastest SFC announcement (28-Jun-2019) on Remote onboarding of overseas individual clients; we are thrilled to be partnering with Blockpass in bringing cutting edge KYC technology to our broker clients for onboarding new retail customers, especially those from the mainland China.”