June 27, 2023 Catherine Lygoe

LAB Group Delivers International Expansion through Partnership with IG Japan

27th June 2023

Sydney, Australia – LAB Group, a leading international RegTech and Australia’s best-connected onboarding provider, is pleased to announce that the company has expanded into a key international growth market by welcoming IG Japan, a leading Japan-based trading and investing provider, to the LAB Network.

As a LAB Platform customer, IG Japan will benefit from LAB Group’s Onboarding Framework and Application Manager. LAB Group’s multi-lingual and multi-jurisdictional functionalities have presented key value drivers to IG Japan.

Nick Boudrie, CEO and co-founder of LAB Group, said:

“We are excited to accelerate our international expansion in partnership with IG Japan. This market represents a large addressable opportunity for LAB Group, with foreign exchange alone seeing 2 million plus active traders. IG’s continued growth in Japan, and our companies’ long and successful association in Australia, made IG Japan the ideal partner with which to roll out a customised workflow leveraging existing frameworks to provide language support while meeting the compliance requirements of a complex jurisdiction.
“We look forward to continuing to enhance the LAB Platform’s multi-lingual, multi-product, multi-jurisdictional connectivity to improve our customers’ ability to distribute products and onboard new clients.”

 

About LAB Group Services Pty Ltd

Where welcome onboard begins.

LAB is a RegTech providing an innovative KYC & Onboarding platform that revolutionises the customer journey from the very first steps, fulfilling AML/CTF regulatory needs whilst saving time and resources by providing a high degree of automation for account creation and customer lifecycle management using remediation and ongoing customer due diligence processes.

The LAB platform welcomes tens of thousands of people into hundreds of financial product offerings across over 15 industry verticals, matching applicants with a vast array of market offerings.

Connect to more people in more places.

Connect into the LAB Network that leverages strategic partnerships and integrations to enhance product origination and distribution.

Hundreds of regulated entities around the globe connect through the LAB Network to accelerate customer registration, reduce onboarding time, increase security, and achieve higher completion rates.

The leaders in secure onboarding.

LAB’s continually advancing platform empowers our businesses to stay ahead of rapidly changing compliance regulations and evolving customer experience expectations.

Our Software-as-a-Service (SaaS) platform provides a fully compliant, end-to-end, multi product digital onboarding process. LAB seamlessly connects digital client acquisition, ID verification, biometrics, workflow management, fraud protection and compliance services on a single platform.

Become part of the most connected digital onboarding platform.

With LAB’s unmatched connectivity, we get you to market sooner through our sector-agnostic integrations and transformational data automation.

Discover more at  https://labgroup.com.au/

 

For all media enquiries please contact Tim Dohrmann, NWR Communications

Phone:  +61 468 420 846

Email: tim@nwrcommunications.com.au

https://nwrcommunications.com/

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