RegTech One (CDD Module) KYC Customer OnBoarding

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Overview

With KYC being the cornerstone of an effective AML Program, a KYC solution to AML Partners is one that must be ALL INCLUSIVE with components for Dynamic Workflow Design, Dynamic Rules Engine, Multidimensional Risk Design Engine, UBO Collection, Document Management, Holistic Screening Engine for Adverse Media / PEP / Global Sanctions, Periodic Review Management, Rules Engine for Global and Local Regulations compliance.

Here is a short video on SURETY (CDD): https://lnkd.in/eQKQ_mj

Key Features

Listed below are the KYC problems our RegTech One (CDD Module) helps address:

• Eliminate Multiple Account Opening Forms

• Eliminate KYC Data capture in paper

• EliminateKYC Data manually entered into multiple systems

• EliminateCustomer Risk calculated in Excel Spreadsheets

• EliminateTransactional Activity not considered in Customer Risk

• EliminateInfrequent Customer Risk Updates

• Introduce ID Verification of (Passport, Drivers License validation)

• IntroduceAI's use with Biometric verification

• EliminateDocuments maintained in folders

• Introduce controls over where/how documents are stored

• EliminateUBO information incorrectly captured

• EliminateManual maintenance of Hierarchy UBO Structure

• Introduce a dynamic view into UBOs relationships

• EliminateManual screening for Sanctions, PEPs, Adverse Media

• Introduce Machine Learning to help reduce False Positives

Key Benefits

AML Partners' RegTech One (CDD Module) is one that is ALL INCLUSIVE with components for:

  • Dynamic Workflow Design,
  • Dynamic Rules Engine,
  • Multidimensional Risk Design Engine,
  • UBO Collection,
  • Document Management,
  • Document expiration email reminders
  • Holistic Screening Engine for Adverse Media / PEP / Global Sanctions,
  • Periodic Review Management,
  • Rules Engine for Global and
  • Local Regulations compliance.
  • ID Verification