Our software is currently undergoing security testing, do we need to contract any other testing or quality assurance firms to meet the obligations of a sponsorship agreement?
We cannot comment on this. TMS (Transaction Management Systems) and AML (Anti-Money Laundering Systems) are provided under the API/guidance of the sponsoring institution. We’ve not seen your case on the flow of funds, so we cannot comment on it. If your software is taken into consideration, the sponsor would have a word with you on this, not us.