WHY COMPROMISE BETWEEN COMPLIANCE OBLIGATIONS AND CUSTOMER EXPECTATIONS?
In the present regulatory environment, where risk of reputational damage, significant fines and even prison sentences is all too real, ensuring compliance with your company’s internal anti-money laundering (AML) and counter-terrorist financing (CTF) policies are of paramount importance.
This is not easily achieved. Existing compliance workflows consist largely of disparate, standalone systems linked by manual tasks, making processes prone to human error and requiring high-levels of costly oversight.
Encompass products are the next generation KYC software for banking, finance, legal and accountancy businesses, significantly enhancing the way you research, onboard and review prospects and customers. Reduce the time, cost and risk involved in due diligence activities, and better demonstrate value to customers and compliance to regulators.
ENCOMPASS PRODUCTS FOR AML/CTF COMPLIANCE
Designed for the demands of meeting AML/CTF regulation within the banks and finance businesses, Encompass Confirm transforms meeting compliance obligations into a competitive advantage. Whether you are looking to onboard one or one thousand clients, our KYC software accelerates onboarding, ensuring consistent policy fulfilment and reducing compliance overheads.
For legal and accountancy professionals with costly, inconsistent or slow KYC processes, Encompass Verify is a RegTech solution that gives you complete confidence and transparency across your organisation. Unlike spreadsheets, our all-in-one solution is secure, automatic and connected to all the information sources you trust, keeping you compliant and competitive.
ONBOARD CLIENTS AND GUARANTEE COMPLIANCE AT SPEED
KYC POLICY AUTOMATION
Whether onboarding one customer or one thousand, Encompass provides automated, rapid AML/CTF checks, so you can be guaranteed you are meeting the needs of internal policies
SECURE CLOUD-BASED SOFTWARE
Encompass products are delivered as Software-as-a-Service – accessed through your browser, there is no need for expensive hardware, major upfront costs or time-consuming installation and maintenance
Encompass provides a single point of access for all the information sources you need for customer onboarding, significantly reducing the time spent gathering the information required to make your decisions
WHO CAN TAKE ADVANTAGE OF ENCOMPASS?
CHIEF OPERATING OFFICERS
KYC and due diligence processes can take time, and you run the risk of potential clients looking elsewhere. Taking advantage of Encompass delivers a faster time to revenue
Repeatedly asking prospective clients for information can be damaging to your relationships and firm’s reputation. Encompass allows you to easily onboard clients, gathering the information you need in one place
RISK & COMPLIANCE TEAMS
The threat of substantial fines and prison sentences for non-compliance with regulations is very real. Automation in Encompass delivers peace of mind that your policies are consistently being met
The cost of meeting ever-changing demands of AML regulation continues to rise, and inhibits your potential growth. Encompass provides a cost-effective solution without sacrificing on quality
Here are just a few of the companies across the world in banking, finance, legal and accountancy who have taken advantage of Encompass products to get the full picture, fast.
Learn how by reading our case studies.
WATCH ENCOMPASS IN ACTION
Browse our video gallery to learn more about Encompass, and how our products can be applied to your business.
Make KYC Your Competitive Advantage
Due diligence checks when onboarding customers can be notoriously time-consuming. But with developments in technology, could businesses turn this process to their advantage?
Key Takeaways from the ILTA Insight Conference 2016
Encompass’ Mike Newman was recently at the ILTA Insight Conference 2016 in London. Always a lively conference, here’s some his key takeaways from the day.
Why You Need to be Concerned About The Changes in Compliance
Today we have seen the rise and proliferation of compliance in professional services firms, particularly in the law and financial services sectors.
WANT TO SEE WHAT ENCOMPASS CAN DO FOR YOU?
Ready to learn how Encompass can accelerate your client onboarding and compliance checks?
Fill out the form to request your personalised demonstration of the powerful tools within Encompass, or contact our team directly on 0333 772 0002.