30th October 2024, London – DDCAP Group™ (DDCAP) has announced its strategic partnership with norbloc, following the successful implementation of Sancus, norbloc’s digital platform for customer onboarding for banks, financial entities, FinTechs, asset managers, insurance firms, marketplaces and more, offering multiple integration options to digitize the onboarding process for our clients and counterparts.
This integration will utilise norbloc’s services in relation to DDCAP’s AML, KYC and wider onboarding process, embedding sanctions related controls and adverse media checks.
“DDCAP is proud to be partnering with norbloc to provide a secure and confidential due diligence on-boarding solution via a proprietorially configured client portal.”
norbloc’s Sancus platform has the flexibility to be configured according to the heavy demands of our ever evolving and expanding global network of clients. Working together with Sancus’ attentive and proactive support team, DDCAP has developed tailor-made onboarding pathways that encompass ETHOS AFP™, DDCAP’s proprietary automated trade and post trade services platform, to cover a wide range of existing and potential clients, from regulated financial institutions to fintech startups and bespoke corporate arrangements for asset and wealth managers, and is thrilled to offer this enhanced onboarding to DDCAP clients, whilst prioritising compliance and security.
“We believe the infrastructure provided by norbloc to be an important part of our security resilience measures, which are built to meet the highest standards required in the industry today.”
“DDCAP is proud to be partnering with norbloc to provide a secure and confidential due diligence on-boarding solution via a proprietorially configured client portal. Working closely with the norbloc team, we have created a bespoke client pathway, utilising norbloc’s encrypted data storage facilities, designed to provide ease and flexibility of use ensuring completion of all required data and documents in the on-boarding process. We believe the infrastructure provided by norbloc to be an important part of our security resilience measures, which are built to meet the highest standards required in the industry today, but with a clear eye open for future legislative and regulatory requirements” commented David Testa, Executive Director and Head of Client Services and Corporate Governance, DDCAP Group™.
“norbloc is thrilled to be DDCAP’s trusted partner for end-to-end compliance, forging a powerful collaboration that aligns with their long-term aspirations to expand their customer base and achieve sustainable growth globally with the future-proof Sancus solution.” commented Astyanax Kanakakis, CEO and Co-Founder, norbloc.
About norbloc
norbloc is redefining customer due diligence with its end-to-end platforms for secure collection, management and sharing of KYC/KYB data covering the entire client lifecycle. norbloc’s Sancus Orchestration platform digitizes customer onboarding for financial institutions and banks, ensuring that verification, AML checks and renewals all occur in one place seamlessly while the customer completes their onboarding journey. Equipped with holistic dashboards and case management tools, Sancus is the cornerstone for fast and effective AML compliance for institutions across the globe.
To find out more, visit www.norbloc.com or contact:
Alkisti Rocanas
norbloc, Business Development Manager
alkisti@norbloc.com
About DDCAP Group™ (DDCAP) and ETHOS AFP™ (ETHOS) – Connecting the Global Islamic financial market responsibly
Headquartered in London, DDCAP Group™ (DDCAP) is a market intermediary and financial technology solutions provider and we have been working to connect the global Islamic financial market responsibly for over 25 years. Through our API technology and our automated trade and post trade services platform ETHOS AFP™ (ETHOS), we have introduced digital solutions that have significantly enhanced Islamic financial market efficiencies globally.
DDCAP ETHOS offers award-winning asset facilitation services and technology solutions to over 300 Islamic financial sector clients worldwide, including banks, non-bank financial institutions, asset managers and fintechs, across a diverse range of responsible and sustainable Sharia compliant products, asset classes and markets. Since 2013 we have maintained an in-house Sharia Supervisory Board that comprises five, world renowned scholars from the GCC and Southeast Asia.
A conscious decision to embed sustainable and responsible actions within our business and its services shapes our approaches and affiliations. DDCAP became a service provider signatory to the UN Principles for Responsible Investment in 2016 and a stakeholder endorser of the UN Principles for Responsible Banking in 2020.
Outside of our London headquarters, our international footprint includes our representative offices in the Dubai International Financial Centre, Kuala Lumpur, Malaysia and Bahrain.
To find out more, visit www.ddcap.com or contact:
Callum Burgess
DDCAP Group™ Director, Digital Partnerships and Business Solutions
+44 207 863 1228
c.burgess@ddcap.co.uk
