ID3global will improve customer identification, verification and security for international online trading platform

GBGroup, the global leader in Identity Intelligence, has announced that leading online Forex trading provider, Admiral Markets, has selected its flagship ID3global solution to enhance the customer sign-up process.

A majority of Admiral Markets‘ users will now be able to join the online trading platform in a process that can be completed in a matter of minutes by simply entering required information, replacing 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. The process 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.

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.

As an online trading platform, Admiral Markets is always looking for ways to enhance the process of engagement with its community. But, as for any truly global company, only a truly global information provider could provide real value. ID3global delivers this while subscribing to regulatory demands and keeping subscribers, safe, with the leading software providing robust identity verification for over 3 billion people across the globe.

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 democratising 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.”