Press Release for 30 September 2020

Ospree announces today it has been chosen by Globiance Exchange as their full stack compliance solution provider for their Europe and APAC businesses. Ospree will support Globiance in building a transaction monitoring and centralized customer management system to ensure compliance with applicable Anti-Money Laundering (AML) and Counter Terrorist Financing (CTF) standards in all relevant jurisdictions.

The compliance landscape is changing rapidly resulting from increased pressure for Virtual Asset Service Providers (VASP). As one of the few fiat to crypto gateways, Globiance requires a solution to remove ecosystem barriers and while maintaining rigorous regulatory standards. Partnerships with compliance experts like Ospee provide a high level of operational efficiency by removing data silos,  and can significantly reduce operational costs. 

“We are delighted to add Globiance to our list of Exchange Clients. Exchanges have unique and fast paced business that requires a flexible yet powerful solution; Ospree can streamline their compliance process for higher efficiency from day 1. Upcoming regulations are creating complex requirements for VASPs and our goal is to make life easier for industry participants.” - Javier Tamashiro, Managing Partner of Ospree.

About Globiance

Globiance is a bank and global fintech company that aims to provide a range of products and services for the digital economy, including a fiat to crypto gateway.  Headquartered in London, and with offices around Europe and in Singapore, Globiance Exchange will expand to more continents in 2021.  WIth over 30 banking partners, you can easily sign up for an account wherever you live. To learn more, visit www.globiance.com and follow us on twitter at @globiance. 

About Ospree Compliance

Ospree operates as Software-as-a-Service, offering powerful, integral B2B solutions to create a full-stack compliance ecosystem. We serve customers in the digital-asset industry, empowering teams to comply with complex Anti–Money Laundering (AML) and Counter-Terrorism Financing (CTF) requirements at the global and local levels. Designed by compliance experts, the platform provides intuitive modules to automate and orchestrate compliance processes, including whitelisting, monitoring, case management, smart-rules, and reporting.