OKTO, Jean Martin Partner On Security Token Solutions

Announcements, Blockchain, News | October 15, 2018 By:

Security token issuer platform OKTO has teamed with technology services firm Jean Martin to accelerate financial services adoption of security token offerings (STO).

OKTO claims to offer US Securities Exchange Commission (SEC) compliant technology solutions to the security token financial services industry. Its OKTO Issuer Platform allows issuers to manage their offers with the OKTO Security Token protocol or use their own with plug-and-play know your custmer/anti money laundering (KYC/AML), transfer agent participation registered securities restrictions, sophisticated investor communications and workflows.

Headquartered in New York City, Jean Martin is a global diversified information technology services and product development company. It helps businesses accelerate growth, improve efficiency and reduce IT costs with the use of digital transformation, AI, blockchain, IoT, enterprise mobility and cloud computing.

Under the partnership, the parties will work closely together to accelerate the implementation of security token solutions for broker-dealers, transfer agents, issuers and tax professionals. Jean Martin’s services capabilities will be combined with the flexibility of OKTO solutions to deliver customer-centric solutions.

“We are delighted to be chosen as a preferred implementation partner for the OKTO suite of products serving the security token financial services ecosystem.” said Hari Nott, Head of Blockchain, Jean Martin. “Many of our clients are actively planning blockchain initiatives. Partnering with OKTO helps us better serve the growing demand and provide a proven solution for pressing problems.”

“Our partnership with Jean Martin helps us better serve the surging demand we have seen in the security token financial services sector.” said Grace Schroeder, CEO of OKTO. “Jean Martin’s experience in providing leading digital transformation consulting services in the financial services sector is a perfect fit for our integrated suite of security token technology.”