Investment firms face increasing scrutiny in determining the legality of the sources of clients' wealth in order to prevent money laundering, terrorist financing, and financial crime. The complex challenges of understanding individual and corporate structure and relationships, together with the fast-paced transactions in the financial markets requires investment firms to implement automated and timely checks to ensure a full understanding of clients at the time of on-boarding and ongoing monitoring to ensure continuous compliance.
Reduce false positives and the associated loss of revenue by using our pattern recognition rather than a rule-based approach.
All checks data is deleted as per your settings, however, based on your requirements, all KYC and AML checks data can be archived in an encrypted and secure manner for retrieval in future for Audit or any other purpose.
Get a better understanding of the sources of funds your clients are using.
Meet all your compliance requirements and reporting by an advanced reporting tool that sits on top of all the checks done.
Perform ongoing due diligence to be on top of changes in the risk profile of your clients.
Be informed instantly of the changes in the circumstances of your clients and associated entities.