Approved™
Automated Licensing & Compliance Technology Platform
End-to-end automated license and compliance management throughout the entire licensing lifecycle, from application, reporting, renewal to examination, across all jurisdictions – all built and powered by FS Vector’s licensing team.
Technology for licensing pros, built by licensing pros
Approved is a regtech platform built by a team of professionals with decades of combined regulatory and licensing experience and industry perspective.
The platform streamlines and automates the license application, maintenance, renewal, and examination processes and provides financial institutions and fintech companies with detailed and real-time visibility into their regulatory obligations. The platform includes a suite of collaborative task and project management tools that enable clients to reduce costs and manual tasks while ensuring regulatory obligations are being met effectively. We understand the challenges of managing licensing because it’s what we do.
Approved is a licensing technology platform built by a team of experts with decades of combined regulatory and licensing experience and industry perspective. The platform streamlines and automates the license application, maintenance, and renewal processes and provides financial institutions and fintech companies with detailed and real time visibility into their licensing obligations.
Product Highlights
Automated and Real-Time Notifications
- Easily create customized task and deadline reminders
- Maintain real-time licensing data and submission and reporting deadlines
- Automated notifications keep users aware of assigned tasks and deadlines
Collaboration and Task Management
- Assign and manage tasks
- Track workflows and approvals
- Dashboards for individuals and teams
- Document management in a single system of record
Integrations
- NMLS licensing data sync
- Single sign-on (SSO) integration with multiple identity-management platforms
- Custom API capabilities
License Requirements Tracking
- Continuous monitoring for requirements updates
- Automated requirements tracking and updating across all stages of licensing
- Easily and instantly pull license requirements
Platform Security
- Built based on web application security best practices
- Secure hosting on Amazon Web Services (AWS) cloud
- Regular vulnerability and penetration testing
Workflows for all Stages of the Licensing Lifecycle
- Workflows for all Stages of the Licensing Lifecycle
- Licensing and foreign/domestic qualifications application project management
- Automated renewal and reporting requirement tracking
- Examinations tracking and planning features
Take Control of Compliance
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