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Award-winning automation solution

Manually identifying and verifying clients is a costly and time-consuming process. EC Public Automation transforms the experience. Our award-winning solution, powered by the EC360 platform, automates the collection and integration of real-time public data and documents, fast.

EC Public Automation connects to your choice of KYC data providers to source data and documents in real-time. These are matched and merged to unwrap corporate structures in depth, verify ultimate beneficial owners (UBOs) and create complete client profiles that are seamlessly delivered into your internal systems.

Key features

Automation rules

EC Public Automation is configured to collect, combine and organize data from a bank’s approved public data sources, jurisdictions and unique requirements.

Intelligent document processing (IDP)

Generative Artificial Intelligence (GenAI) is used to extract data from complex documents.

Data normalization and standardization

EC Public Automation normalizes data into standardized fields for smooth data ingestion into internal/third party systems.

Hierarchy rules and entity resolution

Data source preferences are automated and customized to a bank’s specific needs. Disparate data from multiple sources is joined and matched together for a consolidated view of an entity.

Corporate structure mapping and UBO discovery

Ownership is uncovered by joining together data from multiple data sources and calculated using non-beneficially held and beneficially held shareholding percentages.

UBO hierarchy chart

Relationships between entities and individuals can be viewed via a interactive UBO hierarchy chart which can be customized to identify beneficial ownership and control using filters.

Standardized client profiles

Data attributes and original source documents from multiple public data sources and vendors are collated into a digital profile, with a full audit trail of every action taken.

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175+ data products covering over 200 jurisdictions

Access to extensive global data coverage to ensure reliable and accurate information. Source critical KYC public data attributes and documents in real-time to verify and validate client identity. These include corporate and UBO registries, regulators, and stock exchanges, plus screening, IDV and company business data from leading vendors.

Learn more about public data integrations

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Power systems and pKYC programs

Versatile digital profiles, available in multiple digital formats, seamlessly integrate, via API, into banking systems and Client Lifecycle Management (CLM) solutions. These digital records can support continuous or perpetual KYC (pKYC) programs to provide real-time risk insights and proactive compliance management.

Read about digital profiles

Security

  • ISO 27001
  • SOC 2 Type 1

Benefits

A consistent KYC search process, profile and audit trail provides:

Reduce KYC costs

Accelerate onboarding

Robust regulatory compliance and risk mitigation

Significant operational efficiency gains

Improved client experience

New business opportunities

Partnering with Encompass

Our global transformation team of KYC and banking industry experts and dedicated delivery and customer success teams help you realize ROI and maximize the value of our solutions.

Find out more

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Whitepaper

Keeping good company: streamlining client onboarding with CDI

Explore the first report in a series by Chartis and Encompass, focusing on banks’ client onboarding challenges and solutions.

Read the whitepaper