With the full picture of a customer in minutes you can transform Financial Crime, KYC, and KYV compliance. Using intelligent process automation and artificial intelligence, Encompass gathers and analyses a wealth of information to dynamically build a visual picture of a company or individual in just minutes.
official registries; regulators; stock exchanges
fragmented data; various methods of access; different data formats
a single point of access to your trusted sources; the broadest set of existing integrations; a unified data model
request a consultationcompany data providers; corporate ownership registries
manually building out corporate structures takes time and is prone to error; UBOs can be buried under several layers making them hard to identify
simultaneously interrogate multiple sources of company data; dynamically build out the most complex of structures in minutes; instantly discover ultimate beneficial ownership
request a consultationsanction lists; official and law enforcement lists; politically exposed persons databases
multiple data formats; lack of secondary identifiers; false positives cloud the real risks
seamlessly screen targets against all of the sources you rely on; a unified data format facilitates robust screening; integrate internal sources customer data to reduce false positives
request a consultationnews providers; internet search engines
knowing where to stop; unmanageable volume of false positives; inconsistent analysis of results
RPA ensures consistency in adverse media searches; AI eliminates false positives; intelligent filtering focuses efforts on the real risks
request a consultationcustomer’s PEP / sanctions status may change; adverse media may affect risk profile of a customer
no fixed schedules for updates; falling behind leaves you open to regulatory and reputational risk
continuous monitoring of your trusted sources for material changes that require a KYC refresh; proactive alerts to changes that require your attention; accurate and up-to-date KYC profiles offer maximum protection from risk
request a consultationdownload all source documents; save to KYC profile; record all actions and decisions
time taken to access and retrieve documents; inconsistency in where documents are stored; incomplete records of actions/decisions
RPA retrieves and stores all source documentation in customer profiles; automatically record every action and decision taken during the KYC process; comprehensive and accurate audit trails ensure you are prepared for audits and always regulator-ready
request a consultationThe first episode of our new podcast, discussing all things regtech and AML, is now live!
read moreThe first episode of our new podcast, discussing all things regtech and AML, is now live!
read moreWe highlight the key takeaways from our recent AML regtech roundup webinar with Dr Henry Balani.
read moreLike many at Encompass, Robyn Todd has embraced the challenge of moving to a leaner business.
read moreEncompass have announced a partnership with industry-leading software company Pega.
read moreWe look at two surveys published this week in to challenger banks and automation.
read moreChika Okoli highlights key talking points from trade missions to Vienna and Zurich.
read moreWe look at disruption to banking caused by fintechs and Big Tech companies.
read moreEncompass has been named within the RegTech 100 for 2020.
read moreWe look back at the key themes and takeaways from another fantastic Singapore Fintech Festival.
read moreWe look at pressure on US Senate to pass AML bill, and are senior managers holding back AI adoption?
read moreFATF warns of money laundering through Australian estate agents, and more.
read moreexisting integrations to global data sources
jurisdictions covered
percent reduction in time taken to gather KYC information
customers around the globe