Client Onboarding -Know Your Customer (KYC & KYB)

Know Your Customer (KYC) & Know  Your Business (KYB) to Identify Ultimate Beneficial Owner (UBO)

Our Solution is an end-to-end, global, customer on-boarding and identity verification solution that can be used in different ways.

It is mostly used by clients who wish to meet their Know Your Customer (KYC) and Know Your Business (KYB) responsibilities and those subject to Anti-Money Laundering & Counter-Terrorism Financing (AML/CTF) legislative obligations.

It’s reasonably easy to onboard individuals (which we do), however where we shine is in onboarding the more complicated customer types, such as companies, trusts, joint accounts, and partnerships.

We help you to see through legal structures to understand complex legal hierarchies. We automate the process of identifying the directors, shareholders, and the Ultimate Beneficial Owners (UBO's). Within seconds, you will understand how complex a structure is, exactly what’s in it, and how many layers there are (across and down).

All customers are checked against multiple PEP, terrorist and sanctions watch lists and for negative news.

The KYC Solution is also used by entities to see through their suppliers and counterparties. Companies need to engage suppliers that they can trust, those who will adhere to their compliance obligations and risk tolerances, and who share their values and ethics. Companies need to know exactly who they are dealing with and whether they are bona fide.

Credit Checks

Once you know who your customer is, you can run a credit check and full credit history for the customer.

Customer Life-cycle Management and Ongoing Customer Due Diligence

Real-Time Monitoring

Set up real-time monitoring and be alerted when important data changes to identify potential business risks in real-time.

Validate and Cleanse

Validate and cleanse your existing client data.

Automation is the Answer

It’s extremely difficult to manually onboard customers and suppliers. Manual processing is fraught with errors, it is costly, inefficient, and very time-consuming. Automation is the answer. Automation is quite simply the difference between complying and not complying, between getting a client and losing them.