Service Provider x Lenox
Professional service providers looking to help with the reporting and compliance of assets can use the Lenox platform to manage the costs of servicing issuances.
We use an integrated blockchain and enterprise grade database technology to enable access to asset information required to perform a variety of diligence, reporting, compliance and filing services.
The record keeping functionality of the blockchain technology combined with permissioned access management capabilities enables service providers to reduce costs associated with reconciliations and use of proceeds reporting.
By reducing costs associated with reporting functions, it will become more economical for service providers to assist companies looking to issue social goodness assets, which generally carry higher reporting requirements than other assets.
Please refer to our ‘Data Reference’ and ‘Issuer’ sections for more information.