Build complete digital KYC profiles and onboard clients faster
Today’s manual Know Your Customer (KYC) onboarding processes are crippling organizations, leaving them exposed to risk, escalating costs and lost revenue. Lengthy delays impact customer experience and cause internal friction between teams.
We transform KYC onboarding for banks and financial institutions globally with dynamic KYC process automation. Encompass fully automates the KYC search process of collecting, analyzing and integrating data and documents from multiple sources to build real-time digital KYC profiles for review only when necessary.
Transform KYC onboarding with our award-winning platform
Encompass connects to a bank’s choice of KYC data from 175+ global premium and public data products covering over 200 jurisdictions in real time. Data and documents are matched and merged to unwrap corporate structures in depth, verify ultimate beneficial owners (UBO) and create complete digital KYC profiles.
The benefits of dynamic KYC process automation for client onboarding
Why choose Encompass for KYC onboarding?
Configurable to existing KYC policies and procedures
The Encompass platform can be configured to an organization’s existing KYC onboarding policies and procedures, and trusted sources.
Complete digital KYC profiles
Encompass creates a digital KYC profile for every KYC investigation in real-time, complete with full data attribute lineage, audit trail and source documents.
Digital KYC profiles produced at onboarding enable greater efficiency gains by providing the digital baseline for periodic refresh, perpetual KYC or remediation.
Dynamic creation of a full audit trail
Encompass dynamically builds a complete audit trail for every search and action taken, stored within the digital KYC profile for demonstrable compliance.