Moving other people’s money is a privilege we earn every day. Here’s how Omnea is registered and regulated, how client funds are protected, and how we keep your data and payments secure.
Where funds are placed in custody, they are administered by a licensed administrative financial services provider and held by its independent nominee. Omnea provides the payments and technology, and never holds or owns customer funds in custody.
Custody and administration of iAccounts are provided by Automated Outsourcing Services (Pty) Ltd (AOS), an authorised financial services provider (FSP 650), with Investors Independent Nominee (Pty) Ltd (IIN) as its independent nominee. Omnea is a registered Third Party Payment Provider and is not a financial services provider.
ISO 27001 controls, regular penetration testing, vulnerability scanning and continuous security monitoring.
Redundant infrastructure with disaster recovery and business continuity planning.
Customer due diligence, transaction monitoring and reporting to the Financial Intelligence Centre.
Personal information processed lawfully, minimally and securely, under South African data protection law.
Dual authorisation, a consolidated audit trail and monitoring that stops suspicious payments before funds leave.
Our service evolves with payments reform and new regulatory requirements, at no separate cost to clients.