why compromise between compliance obligations and customer expectations?
know your customer automation for banking and finance
encompass confirm aggregates data from the world’s leading information providers. We then automate workflow in-line with your internal KYC policies to significantly enhance the way you research, onboard and review prospects and customers.
encompass confirm reduces the time, cost and risk involved in due diligence activities, while enabling you to better demonstrate value to customers and compliance to regulators.
key benefits of encompass confirm
key features of encompass confirm
why choose encompass confirm?
accelerate and standardise customer onboarding
communicate complex situations visually
Speed up communications and understanding between your frontline staff, compliance officers and regulators.
effectively capture the external information you need
Link information to existing systems to build a deep understanding of new customers while applying global AML/KYC standards.
implement a scalable compliance operating model
Relieve front-line staff of AML/CTF information collection activities to focus on what they do best – building relationships with customers.
maintain visibility from decisions back to data
Retain source documents and provide an auditable record of how information is discovered and used in your compliance process.
transparent and auditable customer onboarding
With built-in compliance, all activity is automatically logged with a user identifier, and a date and time stamp to meet stringent audit controls.
encompass confirm makes it simple and fast to research multiple versions of a director’s name, and to draw out all the connections. You couldn’t possibly do this efficiently by searching manually. Automating this work to take advantage of digitised information reduces costs and so supports our firm’s commitment to be value-driven and cost-effective.
Mike Pavitt, Partner
Paris Smith LLP
encompass confirm significantly reduces the searching time, so it takes five minutes instead of potentially days. It also makes us more productive – instead of spending so much time on search and review, we can be doing other work and building the relationships with our clients.
Gilbert + Tobin
the one stop shop for your AML/KYC information needs
electronic ID verification
regulators and registries
Official regulators, registries and listings
encompass confirm fits seamlessly into your existing due diligence processes. It provides a single point of access for all the data sources you need for customer onboarding, significantly reducing the time spent gathering the information required to make your decisions. Continue using your existing sources with no change to your billing, and gain further insight from additional sources for enhanced due diligence as and when you need.
Our information partners include:
- Thomson Reuters World-Check
- Dow Jones Risk & Compliance
- Bureau van Dijk
- Companies House
- C6 Intelligence
- …and many more