Company Information

Get to know OCREX

Originally an Irish technology company, OCREX developed innovative software to eliminate manual data entry for accountants and bookkeepers. Its core solutions use artificial intelligence and machine learning to accurately capture data from invoices, receipts, and bank statements, integrating directly into accounting systems. In 2019, OCREX was acquired by the UK-based IRIS Software Group, a leading provider of software and services for finance and HR professionals. OCREX now forms a key part of the IRIS Elements cloud platform, continuing its mission to drive efficiency and automation within the accounting industry.

Industry

Technology Software DevelopmentPRIMARY
Financial Banking
Financial Other Service

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OCREX

Ireland

Founded in

2009 (17 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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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.