Cynopsis Solutions, a RegTech solutions provider specialising in the digitisation and automation of Compliance and regulatory processes, is the latest participant to join the inter-exchange liquidity network known as the WorldBook™.
The NEXUS WorldBook is an initiative by Broctagon Fintech Group, under the licensed entity Broctagon Prime Markets Limited.
Chionh Chye Kit, CEO and Founder of Cynopsis Solutions
Chionh Chye Kit, CEO and Founder of Cynopsis Solutions, said: “Having worked with Broctagon previously gave us the confidence that WorldBook will institutionalise cryptocurrency order book amalgamation globally for the benefit of end investors, be it retail or professionals. A sustainable ecosystem necessitates proper compliance with prevailing rules and regulations in particular KYC and AML. We are honoured to be the first KYC/AML RegTech partner for this exciting initiative and looking forward to serve the ecosystem better going forward.”
Mr Chionh Chye Kit is also the Founding Member, Regulatory and Compliance Sub-Committee of Blockchain Association of Singapore (BAS).
Don Guo, CEO of Broctagon Fintech Group
Don Guo, CEO of Broctagon Fintech Group, commented on Cynopsis’ participation on the WorldBook network, saying: “Cynopsis’ identification technology allows for automated client onboarding and screening in the KYC/AML process. This expertise in the finer aspects of KYC/AML will enable the WorldBook to form a more comprehensive picture of what regulators worldwide expect from crypto. We are glad to have them onboard to share their knowledge with the rest of the WorldBook’s participants.”
About Cynopsis Solutions
Cynopsis Solutions offers RegTech solutions designed to digitise and automate Compliance and regulatory processes, in particular KYC, AML, and CTF. Our end-to-end KYC/AML solutions are designed according to the global FATF recommendations, applicable to more than 180 jurisdictions.
About Nexus WorldBook
The NEXUS WorldBook™ is the world’s first crypto liquidity ecosystem, committed to building a cohesive network for both makers and takers. The WorldBook leverages on the NEXUS 2.0 aggregator technology to offer its members global price discovery and direct STP capabilities on a universal liquidity standard.
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