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LONDON - ID4 AG, a subsidiary of Anemoi International Ltd (AMOI.L), has signed a strategic partnership with Azilen Technologies to expand its client lifecycle management services into new European markets, according to a company press release issued Tuesday.
Under the agreement, Azilen will become a Value-Added Reseller and implementation partner for ID4’s regulatory technology solutions in the UK and Benelux regions, where ID4 does not currently operate.
The partnership targets a RegTech and client lifecycle management market in these regions estimated at approximately $0.8-1 billion annually, with projected growth of 15-18% per year through 2033.
ID4, a Swiss RegTech company, provides digital solutions for client lifecycle management in the financial industry, including anti-money laundering and know-your-customer services. Azilen Technologies is a product engineering and IT services company specializing in artificial intelligence development.
"This partnership is not only about technology alignment - it’s about delivering better client support, bringing more value to customers, and driving growth," said Emmanuel Nay, CEO of ID4 AG.
The collaboration aims to integrate Azilen’s AI expertise with ID4’s regulatory technology platform, allowing financial institutions to automate compliance processes more efficiently.
Kulmohan Makhija, VP of Sales at Azilen, noted, "By combining ID4’s innovation with our AI expertise and delivery model, we can help institutions transform compliance and client engagement, while driving new growth for ID4."
The partnership is expected to provide customers with AI-powered efficiencies in compliance automation, KYC data management, and risk analysis while reducing implementation time.
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