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Verification Technology has been recognized by Semiconductor Review Magazine as “Top 20 Semiconductor Tech Companie - 2021” based on our proprietary methodology, reflecting its position in the industry. This profile has been developed by the Semiconductor Review research and editorial team based on insights from an interview with Hideto Takeuchi, CEO .
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LSI embedded in mission critical products and applications. We help clients achieve the highest quality LSI development compliant to functional safety standards by leveraging technology to assess where the safety bottleneck is in the entire LSI circuit,” says Hideto Takeuchi, CEO of Vtech. As all documents generated based on the functional safety standards require traceability, Vtech helps clients with the same while simplifying and minimizing documents.
“We propose a simple and minimalistic LSI development process to clients and create sample documents so that they can obtain the certification without our support,” Takeuchi comments.
While other design companies tend to specialize in certain application areas that leverage LSI, Vtech sets itself apart by quantitatively and qualitatively verifying LSI designs for a variety of applications. With its robust functional safety certification support services, Vtech has helped different companies achieve their goals faster and more efficiently. In one instance, Vtech catered to a client building welding robots. In the fabrication process at their manufacturing site, safety has become as important as the robots’ processing accuracy and capacity. Since more system controlling functions are composed of CPU and LSI, the client’s engineers had to have not only the knowledge of functional safety but also experience in LSI designing. Vtech deployed its group of engineers that had both skills, so that the client could process the project without any delay and release their product much earlier than their competitor companies.
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Company
Verification Technology
Management
Hideto Takeuchi, CEO
Description
Offering expert consulting services, Vtech advises clients on how to obtain functional safety certification or build the foundations to comply with functional safety standards in the LSI development process.
The rollout follows a recent consultation undertaken by the Jersey Financial Services Commission (‘JFSC’), focused on the adoption of digital identity verification systems amongst financial services institutions, and aligns with the obligations set out in Section 4 of the JFSC handbook to obtain evidence of where a customer lives.
The new feature could have the potential to address the banking needs of Expats. Last year Barclays announced that it would be closing the bank accounts of thousands of Expats.
The solution addresses the unique challenges of combining local and international address verification and significantly enhances time-consuming manual document verification processes; this in turn improves the subsequent customer experience.
Tiller is working with HSBC Expat to support address verification for the Bank’s international customers
Collaborating with HSBC will support Tiller's ambition to deliver digital frictionless onboarding for customers across multiple jurisdictions worldwide, whilst at the same time ensuring compliance with the highest global regulatory standards.
Jonathan Wauton, Co-Founder and CEO of Tiller Technologies said: "Working with HSBC Expat highlights the importance of tech-based solutions in addressing complex challenges in offshore and international finance. We worked closely with HSBC Expat to create a strong solution which meets tough cross-border regulations, and which fits with the JFSC’s consultation efforts.”
Nicola Gardner, Head of Digital at HSBC Expat added: "Incorporating an automated address check solution into our onboarding process reflects our commitment as a Bank to provide a fully customer-centric approach. Our aim is to enhance the speed and efficiency of onboarding for our customers, wherever they are in the world. It also underlines our ambition to drive our own growth safely through the adoption of digital solutions that align to cross-border regulation.”
Senator Ian Gorst, Minister for Financial Services, Government of Jersey, commented: “The Jersey government is actively working with financial Institutions and regulated businesses to promote the adoption of cutting-edge technology,
Nicola Gardner, Head of Digital at HSBC Expat added: "Incorporating an automated address check solution into our onboarding process reflects our commitment as a Bank to provide a fully customer-centric approach. Our aim is to enhance the speed and efficiency of onboarding for our customers, wherever they are in the world. It also underlines our ambition to drive our own growth safely through the adoption of digital solutions that align to cross-border regulation.”
Senator Ian Gorst, Minister for Financial Services, Government of Jersey, commented: “The Jersey government is actively working with financial Institutions and regulated businesses to promote the adoption of cutting-edge technology, such as digital onboarding services, for improved operational and regulatory practices. As such I am really pleased to see this Jersey-based initiative.”
"HSBC Expat first to adopt new digital ID verification technology" was originally created and published by Retail Banker International, a GlobalData owned brand.
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