Reduce compliance costs - Trade data
What We Do
Fast, innovative cost reduction through collaboration.
Making use of the latest API and distributed ledger technologies, we provide a trusted international marketplace within which financial institutions can collaborate and access a wealth of KYC client data in a compliant way. At the same time, members of the system can monetise their own client data by sharing it with other institutions at the client's request.
Trade data, reduce costs.
Beginning as a research collaboration between the Luxembourgish Bankers Association and the University of Luxembourg in 2017, we have grown into a start up serving the financial sector. We work with all kinds of banks, helping them collaborate to reduce KYC compliance costs and turn their data in a revenue generating asset.
The Concordance Team
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