Company Information

Get to know KMD

KMD is one of Denmark's largest and oldest IT companies, with roots tracing back to 1972 when it was founded as Kommunedata (Municipality Data). The company's core mission is to support the digital transformation of society by developing, operating, and maintaining complex IT systems. It provides a wide range of software and service solutions for local government (municipalities), the central government, and the private sector, with a strong focus on finance and utilities. In 2019, KMD was acquired by the global Japanese technology company NEC Corporation, further expanding its technological capabilities.

Industry

Technology Software DevelopmentPRIMARY
Financial Insurance
Financial Other Service

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KMD

India

Founded in

1973 (53 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Cyprus

2017

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.