Softwrap today announced that it has recently signed up its 4000th business partner – Risk Values. Risk Values is a counter money-laundering company that warns a financial services business that an account holder is worthy of special caution.
Risk Values allows financial services institutions to learn more about their customers through a simple questionnaire incorporated into the account application form. RV1 is a tool to help those in financial services identify those account holders and applicants for business who may display personality traits that indicate the potential to enter into or use an account relationship for the purposes of funding terrorism, money laundering or fraud.
Gary Millner, CEO, Wraptech commented, “We are thrilled to have reached this milestone of our 4000th business partner. I think this speaks for itself and just proves the validity of our market offering. Softwrap is going from strength to strength and are excited about working with Risk Values.”
Nigel Morris-Cotterill, CEO, Risk Values Limited, said, “We are delighted to be working with Softwrap. Their unique product gives us the ability to deliver immediate, secure product to users in the rapid-response, risk-averse financial services industry.” Risk Values retails at $1000 per license.
Softwrap (www.softwrap.com) is a virtual shrink-wrapping programme that provides authors and distributors with a secure means of selling and distributing their software digitally, whilst still providing the consumer with ‘try-before-you-buy’ facilities. It is one of the wholly owned subsidiaries of British-based company, Wraptech.
Wraptech Limited is a leading e-commerce company that specialises in products and services that enable digital distribution and sales in many formats. The sister product to Wraptech’s Softwrap is Soundwrap (www.soundwrap.com), a programme for the digital distribution of music. Wraptech is represented in North America, Europe, Africa, Asia, Australia and New Zealand, where on-going research and development occurs and also ensures the best opportunity of globally distributing their business partner’s music and software, should they also require marketing and distribution assistance.
About Risk Values
Risk Values Limited (www.riskvalues.com) is UK-based corporation, formed in December 2001. Risk Values provides a tool to help those in financial services identify those account holders and applicants for business who may display personality traits that indicate the potential to enter into or use an account relationship for the purposes of funding terrorism, money laundering or fraud.
With the aim of forewarning financial services businesses that an account holder is worthy of special caution, Risk Values can help save businesses time, money and improve relations with customers.
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