Optima engages Gaming Laboratories International (GLI) for on-going worldwide regulatory compliance services

Spanish betting technology and platform provider Optima has signed an agreement with Gaming Laboratories International (GLI) for on-going compliance testing and security services and technical consultancy of its Optima MGS platform in every jurisdiction where the company has customers and partners.

As part of the agreement, GLI will independently evaluate Optima MGS individual setups for every customer and partner ahead of the systems going live, and once live- every time a change is introduced for the corresponding regulatory body, guaranteeing immediate and externally audited systems compliance.

Jacob López, Optima CEO said in a press statement Wednesday “With this agreement, we will ensure that Optima customers and partners can rest assured that every individual setup is fully compliant at the maximum level during its entire lifetime, before, during, after the systems are deployed into the live environments, and also every time the systems are changed in response to operator’s individual roadmap delivery, when regulatory changes arise and during general system upgrades.

“Optima supplies platforms to customers and partners in many highly regulated markets worldwide such as Spain, France, South Africa, Italy, Romania, Bulgaria, United Kingdom, Malta and many others, the expansion will continue as planned in our company strategy.

“As part of the continuous expansion of the company in new regulated markets, as well as in existing markets where we are supplying technology, a partner like GLI will ensure Optima is not only offering one of the most, if not the most, highest performing feature rich platform in the market,, but also a platform that is compliant at the maximum level in a highly regulated industry where non-compliance could cause strong financial and reputational damage to Operators.

“By investing in the introduction of a new process of compliance quality testing, in addition to Optima’s already comprehensive Quality Assurance processes and any normal external testing that might be performed by regulators as part of their standard requirements and certification processes, Optima will now also have GLI certifying our systems. GLI’s testing will run in parallel to the official laboratories appointed by our partners in their new licensing or change management processes.

“The scope of the testing is not only the remote technical standards for which regulators demand evidence during the licensing processes, but also include areas like tax, compliance reporting consistency and adherence to guidelines and best practices published by regulatory bodies in every market pursuant to regulatory technical requirements, or that require a wider and more comprehensive verification process.”

James Maida, GLI’s CEO said “We are thankful to Optima that has chosen to change to GLI for enhanced testing, security and consultancy. Our services will ensure maximum up-time and integrity of the systems. Just like GLI, it’s clear Optima greatly values the operators and customers they serve. This shared philosophy will serve both organizations well as we embark on the road ahead which will ultimately benefit Optima and its stakeholders globally.”