Know Your Client

Do you find compliance a pain? After all, the rules and regulations keep on changing. It can be so time consuming, and feel too much like an administrative ‘check-the box’. Yes, of course you’re aware that it’s essential for running a healthy business. But let’s be real, with all the hassle and hurdles to overcome, it just not anyone’s favourite work…

We understand, and that's why we're here. Step-by-step, we take you through the entire procedure.

Our solution: Step-by-step

01

Data gathering

Step 1

02

Screening

Step 2

03

Acceptance

Step 3

04

Monitoring

Step 4

05

Reporting

Step 5

Step 1

Data gathering

Gather and capture all the necessary information for both your Client and the Counterparties, including UBO’s, investors and the company structure.

 

You can also invite your clients to provide the any outstanding information.

 

All your relevant underlying documents are effectively captured and stored.

We make data gathering work with...

Configurable onboarding questionnaires

Configurable onboarding questionnaires

Structure chart

Structure chart

Client portal

Client portal

Step 2

Screening

You’re probably  already screening your clients or even your counterparties. Our solution can connect to almost all screening providers, so there’s no need to cancel any contracts or make any changes. Even better, your screening results can automatically trigger the risk classification of your client within the application.

 

After gathering and screening you’ll know for sure if you are able to accept this client or counterparty.

We make screening work with...

Counterparty screening

Counterparty screening

Risk analysis

Risk analysis

Step 3

Acceptance

After you’ve captured all relevant data in a digital file, it’s ready for review and approval.

 

The digital file will run through a workflow that is aligned with your company’s processes and procedures.

We make acceptance work with...

Configurable risk assessment

Configurable risk assessment

Configurable approval workflow

Configurable approval workflow

Audit trail

Audit trail

Step 4

Monitoring

Now you have accepted your clients, you want to make sure the information remains accurate and up to date.

 

Have all your counterparties checked consistently and continuously on a risk-based or event-driven approach.

We make monitoring work with...

Timely follow up

Timely follow up

Automated triggers in risk increasing events

Automated triggers in risk increasing events

Step 5

Reporting

How your portfolio is built-up? Where are the UBO’s located? How many high risks clients do you have? Are there any commercial opportunities to be found once you know?

 

Insight & oversight. You can run reports that combines all available data. Yes – all!

We make reporting work with...

Oversight

Oversight

Audit trail and versioning

Audit trail and versioning

Custom reports

Custom reports

x

Already done reading?

Request a free demo right now!

Request demo

Make it happen

Our KYC solution guides you through the entire process, adding to the quality and content of your due diligence procedure.

 

So, start minimizing the time and effort spent on due diligence and maximize time on the analysis!

 

It couldn’t be easier!

Want to see what our compliance software can do?