StarLiX Solutions
Meeting the needs of different sectors, including:
Banking as a Service
BaaS is the provision of banking products and services through third-party distributors. By integrating non-banking businesses with regulated financial infrastructure, BaaS is enabling new, specialized propositions and bringing them to market faster.
The development of innovative products requires new payment rails to deliver to end users. But it is only by oversight of all the parties involved in the payment chain that the licensee bank can be certain compliance risks are being managed effectively.
StarLiX has been developed to deliver this end to end transparency for all parties on the payment rail.
International manufacturing
The globalisation of the production process has been a consistent driver of business growth in the 21st Century. The raw materials which are sourced and then manufacturerd into finished merchandise will typically cross several borders before they arrive at the end users. At all stages of the production process, manufacturers need to be able to demonstrate they are in compliance with a range of production standards (Are the raw materials produced in an environmentally sustainable way? Are local labour standards being met? Are chemicals used in production being sourced and stored safely?, etc) to satisfy the obligations of the ESG agenda.
StarLiX has been developed to gather together key input data from all the parties involved in the production process in one place so that this information can be shared with the many stakeholders (consumers, regulators, shareholders, etc) who may need to see it.
High value luxury goods
The world of high value goods (fine art, diamonds, gemstones, fine wine, etc) and arrangements for their trade is fragmented with inefficient and inconsistent approaches to recording key provenance inputs: condition, chain-of-custody, digital fingerprint, etc.
The StarLiX solution helps those who participate in this sector to assemble in one place a record of provenance for each object of value. This will allow those who own, buy and sell to do so with full confidence that they have key information at their fingertips.