RZOLUT partners with Vision Bank to strengthen client background checks and enhance compliance through advanced regulatory technology and data-driven insights.
RZOLUT, a global provider of regulatory technology solutions and due diligence services, announced that it is partnering with Vision Bank. The digital-first corporate Islamic bank will be leveraging the expertise of RZOLUT to enhance background checks on potential clients, enabling availability of independently sourced information to complement its customer due diligence.
Vision Bank – ADGM’s Category-1, Shari’ah-compliant financial institution – selected RZOLUT as its due diligence partner after a rigorous assessment process focused on domain expertise, accuracy, comprehensiveness, platform effectiveness and efficiency, and client servicing capabilities.
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“With this partnership, RZOLUT is pleased to support Vision Bank in advancing its compliance capabilities through independent background searches. Our capabilities are configured to help institutions reduce customer onboarding risks and strengthen regulatory assurance across the due diligence lifecycle”, said Jaideep Mehta, Managing Director at RZOLUT.
“Our integrated, platform-oriented value proposition ensures minimal delivery times, optimized costs, and maximum risk coverage for clients”, he added.
Parvin Jain, Chief Executive Officer of Vision Bank, said: “We welcome RZOLUT as a valuable partner and look forward to leveraging their domain expertise, data, and technology platform for our risk and compliance needs. This collaboration leveraging RZOLUT’s proven expertise in regulatory intelligence reflects our commitment to offering expedited and best-in-class financial services.”
RZOLUT continues to reinforce its position as a trusted RegTech partner for leading financial institutions, supporting their transformation agendas with insight-driven, compliant, and scalable technology solutions.
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