Brodies LLP selects encompass verify
Scotland’s largest independent law firm, Brodies LLP has selected encompass verify to support and enhance its Know Your Customer (KYC) compliance processes.
The only provider of simultaneous, real-time access to multiple sources of global company and person data, encompass is the creator of KYC automation for major global financial and professional service firms.
David Edwards, Finance Director at Brodies said
“With the 2017 Money Laundering Regulations having now been passed, it is imperative that we as a company remain compliant by having the right onboarding processes in place. encompass verify will allow us to do that.”
Veronica Trench, Senior Compliance Manager at Brodies
“encompass verify will ensure that we are regulator-ready in our KYC customer onboarding. Customer due diligence has never been as complex, but we feel confident about bringing on all our new clients at speed and with confidence.”
Wayne Johnson, CEO and Co-Founder, encompass
“In the face of changing legislation, it is necessary for all law firms to consider whether their KYC processes meet the requirements of the new Money Laundering Regulations. I welcome the decision taken by Brodies to work with encompass as a means of ensuring that this is the case.”
about Brodies LLP
Brodies LLP is Scotland’s largest law firm, delivering legal services of the highest quality to Scottish, UK and global organisations. With offices in Edinburgh, Glasgow, Aberdeen and Brussels, the firm offers legal advice to private and public sector clients both in the UK and internationally in its core business areas of corporate and commercial; energy (both renewables and oil & gas); property; litigation; banking and financial services; employment, pensions and benefits and trust and tax.
The achievements of Brodies and its partners have been recognised with numerous independent awards in recent years. These include Brodies being named Scotland Law Firm of the Year at the Who’s Who Legal Awards 2017, UK National/Regional Law Firm of the Year at the Legal Business Awards 2017, UK Regional Law Firm of the Year at the Lawyer Awards 2016, UK Law Firm of the Year at the British Legal Awards 2014, and Legal Advisor of the Year at the Business Insider Deals and Dealmakers Awards 2014.
Founded in 2011 by entrepreneurs Roger Carson and Wayne Johnson, and operating from the UK, encompass is the creator of unique, innovative KYC software for banking, finance, legal and accountancy that enable better, faster commercial decisions. The company is driven by the belief that the best decisions are made when people understand the full picture.
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