Geneva based financial services CRM and digital onboarding tools provider InvestGlass has announced that it has inked a new strategic partnership with London based identity verification specialist Sumsub.

InvestGlass stated that the partnership promises a robust, integrated solution to expedite and enhance the Know Your Customer (KYC) process for banks, brokers, and crypto platforms globally. Leveraging both firm’s expertise, the partnership aims to fortify compliance procedures in a fast-paced financial environment.

KYC, a critical risk management procedure for identifying and verifying the identities of clients, has traditionally been a time-consuming and complex task. This partnership seeks to reshape this process by making KYC faster, more compliant, and ultimately more efficient for all stakeholders.

Alexandre Gaillard, CEO at InvestGlass said:

“We are excited about our partnership with Sumsub. Together, we can optimize the KYC procedure, making it easier and faster for our clients. This partnership reflects our commitment to integrating cutting-edge technology into our platform to improve user experience and operational efficiency.”

Sumsub, known for its advanced identity verification and anti-fraud technologies, offers solutions that help businesses comply with global regulations. In alliance with InvestGlass, the company’s intelligent KYC tools can now be seamlessly integrated into a comprehensive investment management platform.

Andrew Sever, co-founder and CEO of Sumsub added:

“Our aim is to make regulatory compliance fast and hassle-free. This partnership with InvestGlass enables us to offer our efficient, user-friendly KYC solutions to a wider audience. We look forward to supporting brokers, banks, and crypto providers in navigating their compliance journey.”

The parties stated that this collaboration is an essential step for both InvestGlass and Sumsub, resulting in a holistic and integrated solution that will undoubtedly be beneficial to the financial sector. It’s a testament to both firms’ commitment to continuously innovate and adapt to the evolving needs of their clients and the fintech industry.

About InvestGlass

InvestGlass is a Swiss-based platform offering automated investment management solutions. It provides banks, brokers, and wealth managers with a comprehensive, digitized investing process that streamlines operations and enhances customer experience.

About Sumsub

Sumsub is a full-cycle verification platform securing the whole user journey. With Sumsub’s customizable KYC, KYB, transaction monitoring and fraud prevention solutions, you can orchestrate your verification process, welcome more customers worldwide, meet compliance requirements, reduce costs, and protect your business. Sumsub has over 2,000 clients across the fintech, crypto, transportation, trading, e-commerce and gaming industries.