AML solution for corporate and institutional banking
Encompass delivers an enterprise-grade AML solution that helps banks streamline anti-money laundering compliance while reducing risk, cost, and manual effort.
- Real-time public and private data collation and integration
- Automates AML, KYC and corporate identity validation and verification end-to-end
- Supports global AML regulations with built-in auditability, data provenance and original source documents
Why choose an enterprise-grade AML solution?
Traditional AML compliance systems rely on siloed data, manual reviews, and outdated infrastructure. As new technology emerges, regulatory expectations grow and compliance risks increase, banks need innovative automated AML solutions:
- Consistent policy adherence and increased data accuracy and completeness
- Fully traceable and explainable risk decisions
- Scalable, fast to deploy infrastructure for global operations
Encompass delivers all this with EC360, a secure, integration-ready corporate digital identity (CDI) platform.
Who uses our AML compliance software?
Encompass is trusted by corporate, investment and commercial banking divisions at global Tier 1 banks, challenger banks, and regulated institutions that require reliable, real-time, and defensible AML automation.
Our core users include:
- Chief Compliance and AML Officers looking to optimize and standardize processes
- Front office teams seeking to improve customer experience and reduce onboarding and KYC review times
- Heads of Transformation and Operations focused on driving operational efficiency savings
- CTOs, CDOs and CLM/CRM owners seeking systems integrations to improve data quality for KYC, perpetual KYC and AI programs
What makes EC360 from Encompass different?
- Purpose-built for AML in complex banking environments
- End-to-end AML and KYC automation
- Seamless integration and enterprise security
Key benefits of our AML compliance software
Reduce time-consuming manual processes
Encompass automates corporate identity verification across jurisdictions, eliminating repetitive document requests and freeing up compliance teams from low-value, manual investigations.
Strengthen regulatory compliance
Stay ahead of regulatory expectations with built-in support to seamlessly comply with requirements across jurisdictions. EC360 ensures consistent policy adherence, complete audit trails and full data provenance, and a fast response to regulatory changes and requests.
Improve risk detection and decisioning
Leverage data normalization, standardization and real-time entity resolution to strengthen your AML and risk management processes, enabling faster, more accurate decision-making.
Improve operational efficiency
Reduce onboarding times and consolidate fragmented data collation workflows onto one platform, giving your team more time to focus on high-risk reviews and strategic tasks.
Enhance customer experience
Deliver faster onboarding journeys without sacrificing compliance. By reducing delays and document friction, EC360 supports a smoother, more responsive client experience from day one.
Discover the full benefits of using EC360
AML use cases supported by Encompass
Overcoming KYC data overload
Compliance shouldn’t be a cost center. It should be a strategic driver of growth, efficiency, and trust. Discover how your bank can move beyond manual processes to a fully automated, intelligent, and scalable KYC model.
Read the whitepaper
FAQs
What is an AML compliance solution?
An AML compliance solution helps banks detect, monitor, and report suspicious activity by conducting KYC due diligence on corporate clients through the client lifecycle in line with regulatory requirements. By automating tasks like customer due diligence, screening, real-time transaction monitoring, and risk scoring, these tools allow financial institutions to effectively manage risk, reduce manual workload, and stay ahead of financial crime prevention.
How does Encompass support Anti Money Laundering (AML) compliance?
EC360 from Encompass enables automated AML processes, including corporate structure unwrapping to identify beneficial ownership, PEP and sanctions screening, adverse media checks, and dynamic CDI profile creation. This helps financial institutions stay compliant with global regulations from FATF, AMLD6, and FCA.
How is Encompass different from other anti-money laundering solutions?
Unlike generic anti-money laundering solutions that focus solely on basic screening or manual processes, EC360 is purpose-built for complex, regulated banking environments. It combines automated KYC and AML capabilities into one unified corporate digital identity platform, enabling real-time public and private data collation and integration, entity resolution, and profile creation – all with full auditability and integration flexibility.
Our EC360 platform supports global AML regulations from FATF, AMLD6, and FCA, and is trusted by Tier 1 banks to reduce onboarding processing time by 32% and offset 57% costs in year one.
Can your AML software integrate with our current systems?
Yes. EC360 integrates with CLMs, CRMs and core banking systems, including Pega, and Capgemini’s pKYC Catalyst, providing accurate fresh data for use across sales and marketing, perpetual KYC and AI programs.
How does the platform ensure secure handling of customer data?
Our EC360 platform is ISO 27001 certified, SOC2 compliant and encrypts sensitive customer information in transit and at rest. We also support regional data residency and granular access control of private data.
What makes your AML solution different from others?
EC360 from Encompass was built specifically for complex, regulated banking environments. We automate KYC and AML public and private data collation and integrate this into a single corporate digital identity, offer full auditability, and support enterprise-grade scalability.