Ann: iFOREX to Pilot iSignthis Digital KYC Service-ISX.AX, page-20

the biggest advantage of a ISX system is being able to immediately sign up and allow trade from clients (about a 2 minute process). Compare that to the current system that most platforms require.

Current system in use by most platforms:

-fill in form online
-confirm email by link
-mail forms to company with signature
-go to company in person or deposit funds by transfer
-prove identity by sending proof of address & ID

If a company needs to go through that process to sign and transact with a client, and still manages to build scale, then imagine what they can do with the new process.

ISX way.
fill in details online
deposit small funds (can be $1) by credit card
immediately log onto your bank account and confirm break down of money taken
input those details into the platform

identity is confirmed and account is open to trade.

Companies in the USA average US$96 per account on-boarding costs. If ISX charge US$10 and allow these companies to market globally and sign clients from any location, with proven identity - imagine how happy they will be, how much money they save and how quickly they can grow their business.

This is a winner, and the FinTech growth we are seeing makes this perfect timing for such a platform to be rolled out.