Flagright, an AI-native, centralized, no-code compliance platform, proudly announces First Digital Trust (“First Digital”), a Hong Kong-based company offering global multi-asset custodial, trust, payments and stablecoin solutions as its newest customer. First Digitalis integrating Flagright’s advanced AML compliance and risk management solutions to further enhance the security and reliability of its financial services.
Vincent Chok, Founder and CEO of First Digital,said: "By integrating Flagright’s AI-native compliance platform, we strengthen our leadership in the industry, ensuring our clients' assets—whether traditional or digital—are protected with the highest standards of integrity and security. This collaboration adds value for our customers by ensuring their financial transactions remain secure and reliable in an ever-evolving landscape."
First Digital offers a vertically integrated platform that serves a diverse clientele, from startups to large institutions, across key verticals including asset management, commercial enterprises, and platform providers. With a focus on bridging traditional finance with the evolving digital asset landscape, First Digital provides a full suite of services ranging from multi-asset custody to cross-border financial solutions. Flagright’s platform harnesses the power of generative AI to enhance compliance operations with real-time transaction monitoring, sophisticated case management, and proactive AI-driven investigations. The comprehensive suite also includes dynamic customer risk assessment that adapts to evolving risks and regulatory demands, robust AML screening, AI Forensics, and more. Flagright’s commitment to excellence is reflected in its ability to process suspicious activities in real-time and integrate services swiftly—typically within just a week, a significant improvement over the industry standard of 2-4 months.
Baran Ozkan, Co-founder and CEO of Flagright, commented, "We are excited to support First Digital, a company at the forefront of integrating traditional and digital financial services. Our collaboration reflects our shared vision of enhancing security and trust in financial transactions. We look forward to supporting First Digital’s mission to provide exceptional, secure services to their clients across the globe."
About Flagright
Flagright is an AI-native, centralized, no-code compliance platform that transforms AML compliance and risk management for financial institutions. Our platform harnesses the power of generative AI to enhance compliance operations with real-time transaction monitoring, sophisticated case management, and proactive AI-driven investigations. The modern standard for financial crime compliance to monitor, detect, investigate, and report.
About First Digital Trust
First Digital Trust Limited is a Hong Kong-based company offering global multi-asset custodial, trust, payments and stablecoin solutions. Established in 2019 as part of the First Digital Group, First Digital Trust bridges the gap between traditional and digital financial worlds, using technology to custody, trade and settle assets.
With over three decades of collective experience, First Digital Trust provides expertise and innovative solutions through a comprehensive and personalized suite of trustee services including structuring, custody, escrow, and administration services. First Digital Group was named one of the leading Emerging Giants of Hong Kong in KPMG and HSBC's 'Emerging Giants in Asia Pacific' Report 2022.
To learn more about First Digital Trust and its regulated infrastructure and products, visit www.1stdigital.com
Learn more about First Digital here: First Digital.