KYC is a complex activity involving a wide range of business functions, that inevitably results in inconsistency and manual errors. Encompass equips every team and individual involved with the insights they need, to inform better decisions, reduce the burden of manual work and improve compliance oversight.
By automating the data gathering and analysis process with Encompass’ KYC management software, our clients dramatically improve customer onboarding times and reduce time to revenue.
Learn how we can help your different teams below.
Encompass automatically builds out the full picture of a corporate customer in minutes. Our intelligent process automation gathers and analyses information from your trusted sources to unwrap corporate ownership, discover UBOs and identify regulatory and reputational risks in a fraction of the time.
Automating and standardising information gathering and analysis gives MLROs and compliance leaders peace of mind that policies and processes are being followed consistently, every time. Our dynamic audit trail ensures you’re always ready for auditors and regulators.
Unlock the value of your KYC data to win more business and reduce time to revenue. Our KYC management software provides the full picture of a corporate customer, allowing you to identify and mitigate risk more effectively, and uncover new business opportunities within an organisation’s corporate structure.
Using intelligent process automation, Encompass eliminates time-consuming and error-prone manual KYC processes that can lead to a poor customer experience. With Encompass, Santander reduced client onboarding times by 80%, as part of its digital transformation.
Developing and maintaining integrations to all the data sources your organisation requires for KYC management is impossible given the volumes and pace of regulatory change. With one single integration of Encompass, we remove this burden and power your CLM and CRM platforms with critical and trusted global data.
If you’d like to know more about the transformative benefits of the Encompass platform, explore our range of end-to-end KYC management features, powered by automation.