October 11, 2023
Cincinnati, Ohio – Leading technology solutions provider 10XTS is thrilled to announce the launch of ComplyBase, a ground-breaking compliance solution service tailored for issuers of securities offerings and digital assets. Designed as a beacon of support for businesses navigating through the complexities of governance, risk, and compliance (GRC) recordkeeping, ComplyBase is a testament to 10XTS’s commitment to delivering innovative and efficient, regulatory-compliant digital securities and tokenized Real-World Asset (RWA) solutions to the marketplace.
Key Features of ComplyBase:
- Holistic Governance Framework: ComplyBase provides a structured governance model that fosters accountability and strategic alignment, supporting issuers in establishing a robust governance framework.
- Dynamic Risk Management Infrastructure: The service incorporates proactive risk identification, assessment, and mitigation tools, assisting issuers in developing a resilient risk management infrastructure.
- Advanced Compliance Recordkeeping System: With secure, organized, and accessible compliance recordkeeping functionalities, ComplyBase guarantees that issuers are always prepared for internal audits and regulatory inspections.
- Compliance Digital Record Document Management System (DMS): ComplyBase features a sophisticated DMS for the seamless storage, retrieval, and management of critical offering documents and investor agreements.
- Audit Preparation Assistance: With dedicated support for legal and statutory audit preparations, ComplyBase ensures every necessary document and record is compliant and ready for review.
Benefits of ComplyBase:
- Tailor-Made Solutions: ComplyBase is adaptable, providing solutions designed to meet the distinct needs and challenges of each issuer efficiently.
- Expert Support: Clients gain access to a team of seasoned professionals with deep industry knowledge and expertise in securities offering-related GRC.
- Cutting-Edge Technology: ComplyBase utilizes the latest technologies to offer solutions that meet contemporary requirements and are scalable to address future compliance needs.
Securities structured and managed through ComplyBase provides the foundation for a future evolution towards digital, programmable securities instruments as the tokenization of real-world assets (RWAs) continues to find acceptance and adoption globally. In the future, securities can be integrated with XDEX, the 10XTS securities token compliance network for global portability and interoperability between institutions and secondary markets.
“We designed ComplyBase with the user in mind, recognizing the urgency for a service that simplifies the intricate processes of governance, risk, and compliance recordkeeping associated with securities offerings,” remarked Michael Hiles, CEO of 10XTS. “With ComplyBase, issuers can focus on what they do best, leaving the heavy lifting of compliance management to our capable and innovative solution.”
About 10XTS:
10XTS is at the forefront of delivering technology-driven solutions designed to empower businesses in the financial sector. With a reputation for innovation and customer-centric service delivery, 10XTS is the trusted partner for organizations seeking to navigate through the complexities of compliance in the securities industry. The introduction of ComplyBase further cements 10XTS’s position as a leader in the provision of compliance solution services.
For More Information:
For more details about ComplyBase or to schedule a demo, visit 10XTS.com.