Apart for
the standard offering of having KYCP installed on premise within your own local
infrastructure or your Cloud subscription, we are now offering KYC Portal as
Software as a Service (SaaS).
As from the
day we launched our product on the market back in February 2017 in London, we
have always stuck to the approach of offering KYC Portal on premise. The client
who is purchasing our solution would need to have the environment / setup to be
able to host the platform. This could be both on a local infrastructure of
physical servers and / or virtual machines as well as if it was on the Cloud
subscription that the client already owns and manages.
“Important to highlight that this new SaaS
offering will not replace the on-premise option. On premise remains one
of our biggest asks by various clients worldwide. The SaaS option is now also
available for those clients who do not want to hassle with maintaining their
own infrastructure.”
Kristoff
Zammit Ciantar
Founder /
CEO
There are various reasons why
clients opt to have KYCP installed within their local environment or owned subscriptions. Some boil
down to internal business decisions such as more control and ownership whilst
others are purely regulatory requirements. This is an offering which usually
resonates with larger institutions whereby they already have both the
infrastructure as well as the teams to support such an environment in place
thus making the offering more appeasing.
Over the past months however, we
have decided to embark on this new offering and give the full package to
clients who do not want to own and manage / maintain infrastructure. This allows such
clients to focus on the product and the benefits it brings to the table without
adding any other hardware and maintenance related processes.
The SaaS offering will be over
Microsoft Azure, whereby the KYCP which is bought by the client would be hosted
on an Azure Cloud subscription for the specific client. Our team
would be dedicated in building and managing the environment as well as the resources to run
your KYC Portal.
However, we wanted to go a step further.
“Our
product is one of the most versatile and dynamic products on the market. We did
not want to limit ourselves by the underlying infrastructure. We shall be
offering each client opting for SaaS to decide the actual requirements / configuration of their
subscription and underlying resources.”
Ivan Bonello
Co-Founder
/ CTO
A client can increase the number of
environments, define resources based on type of expected usage, decide if their
instance of KYCP should be siloed on a separate subscription or shared, define
the location of the storage and much more. It’s similar to setting up your own
subscription however being bought and maintained on your behalf.
For more
information, contact us directly on
info@kycportal.com. If you are an existing client and you
would like more information about this feature, please contact our
CRM Team.