Unveiling the next era of corporate client verification

Transformation is no longer optional for corporate and institutional banking – it is imperative.
Banks face mounting pressure to modernize and optimize digital banking strategies. The imperative is clear: do more, with less. They must improve client experiences, enhance operational efficiency, and increase revenue. All while navigating a complex regulatory landscape.
Heightened client expectations and fast-evolving regulations are increasing pressure to maintain profitability and drive growth.
Why digital transformation in banking matters now
Digital transformation has become an essential strategic move to remain relevant and innovative. For banks, success hinges on how well they can manage the delicate balance between compliance, client satisfaction, and operational efficiency.
Banks are navigating a challenging landscape, often hindered by the fragmentation and inefficiencies of legacy systems. For C-suite executives, this can feel overwhelming, as the pressure to adapt and act decisively in the digital age grows. The frustration of balancing strategic goals with operational constraints is a shared experience. Furthermore, underscoring the need for clarity and streamlined solutions to drive meaningful progress.
In the face of these challenges, banks’ ability to deliver corporate client verification quickly and accurately is critical to success. With EC360, Encompass offers a ground-breaking platform that seamlessly integrates public and private data to empower banks with an unparalleled, 360-degree view of a corporate client. This holistic view is known as Corporate Digital Identity (CDI). EC360 is more than compliance; it drives efficiency, reduces friction and enhances client experiences.
The platform behind the transformation
EC360 is a Corporate Digital Identity (CDI) platform designed to streamline corporate client verification. Through innovative automation and data integration, EC360 enables banks to validate corporate client identities quickly and accurately, providing a real-time, holistic view of both public and private data.
How EC360 works:
- Orchestration and automation: EC360 seamlessly collects, organizes, and consolidates data from approved public sources and privately obtained client information to meet regulatory and business requirements. Automated rules ensure Straight Through Processing (STP), filtering only the most relevant information into unified, actionable outputs.
- Data ingestion: EC360 is data-agnostic, allowing banks to tailor the information they wish to collect. It integrates real-time data from corporate and UBO registries, stock exchanges, and other public data sources through the EC Public Automation solution, as well as private client data gathered through secure outreach requests.
- Strategic data management: The platform applies advanced technologies to intelligently process and integrate this data. It uses GenAI-powered Intelligent Document Processing (IDP) to extract and standardize data from documents, while advanced entity resolution techniques reconcile conflicts and build detailed beneficial ownership hierarchies.
- Secure client interaction: EC360 facilitates EC Private Outreach, a secure solution that allows banks to request and receive sensitive documents from clients via a digital vault. Clients retain full control over access and permissions, ensuring privacy and security.
EC360 is not just a platform; it is a blueprint for the future of banking. By delivering fast, flawless, and frictionless identity validation, EC360 empowers banks to overcome legacy bottlenecks and accelerate their transformation journey.
The benefits of EC360 for the C-Suite
For CEOs, COOs, and heads of digital transformation on a mission to deliver exceptional client experiences, EC360 offers a comprehensive solution that drives operational efficiencies and enhances compliance. The benefits are profound:
- Regulatory compliance and risk mitigation: Stay compliant with global regulations while mitigating risks across jurisdictions.
- Operational efficiency: Achieve significant cost savings by automating manual processes, reducing human error, and speeding up client onboarding.
- Superior client experience: Deliver consumer-class service for corporate clients by streamlining interactions and reducing friction.
- Scalability and agility: As your bank grows, EC360 scales to meet the demands of expanding markets, new product launches, or compliance with jurisdictional requirements.
EC360’s SaaS deployment model ensures seamless integration with existing systems such as Client Lifecycle Management (CLM), enabling rapid deployment and long-term ROI.
Versatility across the bank
Digital identity for individuals has already transformed retail banking and now CDI affords the same to corporate and investment banks. By providing the most comprehensive view of a corporate client, CDI can confidently be leveraged across the client lifecycle to streamline operations.
Whether in client onboarding, compliance checks, risk management, or strategic decision-making, EC360 provides a unified, real-time view of corporate client identities, enhancing efficiency and collaboration at every level of the organization. This cross-departmental functionality drives enhanced client experiences, better decision-making, and improved operational outcomes bank-wide.
EC360: designed for the future of corporate banking
As banking continues to evolve, so must the systems that support it. EC360 is designed to provide a unified, real-time view of corporate client identities. Empowering banks to optimize their KYC processes, enhance risk management, and meet compliance standards all the time while increasing efficiency. By integrating real-time global data and securely managing client interactions, EC360 helps banks stay competitive, resilient, and client centric.
Corporate client verification – a catalyst for growth
The technology and expertise needed to remove friction from KYC processes, enhance compliance, and improve client interactions now exists. By embracing digital transformation, banks can create new opportunities, enhance their reputations, and build a foundation for long-term success.
The time to act is now. Digital transformation is no longer a luxury but a strategic necessity for banks. EC360 is the solution that will help you lead the way in KYC and corporate digital identity, ensuring that your bank remains compliant, competitive, and customer centric.
Discover how EC360 can transform your approach to KYC, accelerate digital transformation, and empower growth. Let us shape the future of corporate banking together.
Discover corporate digital identity from Encompass