REG - Thalassa Holdings - id4 delivers Client Space solution

Thalassa HoldingsAnnouncement

15/11/2021 09:05

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RNS Number : 3744S  Thalassa Holdings Limited  15 November 2021

15 November 2021

 

 

Thalassa Holdings Ltd

(Reuters: THAL.L, Bloomberg: THAL:LN)

("Thalassa", "THAL" or the "Company")

Thalassa's subsidiary id4 delivers Client Space solution

This announcement contains inside information for the purposes of Article 7 of
Regulation 596/2014.

id4 is pleased to announce that it has successfully delivered a Client Space
solution to Geneva Management Group, a Swiss based group that comprises a
regulated manager of collective assets and Independent Asset Manager
companies, collectively referred as "GMG".

 

The id4 Client Space solution, delivered using cloud-based technology, will
enable GMG to onboard clients remotely and to review KYC profiles
periodically with the following functionalities:

 

●     Online identification and electronic signature

●     Guided Client Onboarding

●     Automated Screening

●     Investment Profiling

●     FCC Risk Calculation

●     Task management

 

The deployment of a flexible, and off-the-shelf solution
will enable our client to streamline its onboarding processes whilst
simultaneously meeting ever-increasing regulatory obligations.

 

Maher Menif, Group Head Risk & Compliance of GMG commented: "We
are delighted to have partnered with id4. The id4 Client Space solution
enables us to onboard clients and to manage our client lifecycle digitally.
What is impressive with id4 solution is that it enables us to comply with AML
KYC regulations whilst delivering exceptional client-user experience.
Furthermore, the agility of the solution and the ability to customise it,
gives us plenty of flexibility going forward".

 

Emmanuel Nay, Managing Director of id4 commented: "We are delighted to be
providing GMG with id4's onboarding solution for their Private Wealth
Management Division. Id4's cloud-based Software-as-a-Service ("SaaS") will
provide GMG with a state-of-the-art digital Customer Lifecycle
Management ("CLM") solution and the ability to onboard their clients
remotely from anywhere in the World."

 

For more information about id4 Client Lifecycle Solutions and a live
demonstration, please contact Emmanuel Nay on +41 79 826 23 33 or by email at
Emmanuel.Nay@id4clm.com.

 

As announced on 30 July 2021 Anemoi International Ltd ("Anemoi") and the
shareholders of id4 have entered into a non-legally binding Heads of Terms
which set out the key terms of the proposed acquisition of the entire issued
share capital of id4 by Anemoi (the "Acquisition"). Negotiations are
continuing and the Board will provide a further update in due course.

 

END

 Enquiries:
 Thalassa Holdings Ltd
 Duncan Soukup (Executive Chairman)            +33 (0)6 76 84 50 51
 id4 AG
 Emmanuel Nay (Founder and Managing Director)  +41 79 826 23 33

 

Note to Editors:

 

About Thalassa

www.thalassaholdingsltd.com (http://www.thalassaholdingsltd.com)

Thalassa Holdings Ltd. is a holding company with various interests across a
number of industries which currently include, FinTech, Robotics and Leisure
& Entertainment and Security & Access Control.

 

About id4 AG

www.id4clm.com (http://www.id4clm.com)

id4 is Swiss software company specialised in the provision of Client Lifecycle
Management solutions for financial and non-financial institutions. We solve an
age-old problem using the most up to date technology to reduce manual
processes and to meet AML KYC regulatory requirements. id4 gives Advisers,
Wealth & Asset Managers and Private Banks all the tools they require to
manage prospective clients from the outset of the relationship through to the
end of the relationship.

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