The signup procedure has been drastically reduced from one application per hour to a system that can offer real-time identification; delivering a fast, user-friendly and secure sign-up experience
GBGroup, the global leader in Identity Intelligence has announced that Estonian and London based online Forex broker, Admiral Markets, has selected its flagship ID3global solution to enhance the customer on-boarding process.
Admiral Markets’ traders will now be approved to join the brokerage in a process that can be completed in a matter of minutes by simply entering required information. This will replace the manual legacy system of having to scan traditional identification documents such as bank statements and passports, which would then have to be approved manually by back office staff.
This development is a key step in enabling Admiral Markets’ global expansion, with the Admiral Markets Group growing its client base by 30% year-on-year. The increased efficiency brought by GBGroup’s software means that precious man-hours can be spent on encouraging this growth further rather than on manual data entry.
Elina Pederson, CEO at Admiral Markets UK, said: “We seek to make trading accessible to everyone across the globe, through breaking down traditional borders and levelling the playing field for B2C business interactions. GBGroup’s technology supports us in our goal to expand our services to a global audience. Across the world, users can now be up and running in minutes, safe in the knowledge that their personal information is secure.”
Glenn Porter, General Manager International Identity Verification at GBGroup, said: “We are very excited to be working with Admiral Markets as it expands its international operations. With the internet democratizing international trade, consumers are less interested in the origin of their goods and services and more interested in the quality and efficiency of service and delivery. Admiral Markets is doing amazing things in the world of trading and as it continues to advance in to global territories; it is GBGroup’s technology that will enable secure, reliable and speedy registration and identity verification. Admiral Markets joins exciting companies like Bitstamp, one of the world’s largest Bitcoin exchanges, and Etsy, an ecommerce portal with over 800,000 online shops, which are already benefitting from ID3global’s real-time service.”