reduce compliance costs with KYC automation

Today’s manual Know Your Customer (KYC) processes are crippling organisations, leaving them exposed to risk, spiralling costs and the potential loss of business.

Using advanced robotics and artificial intelligence, encompass fully automates the repetitive activity of accessing, retrieving and analysing data from multiple sources. Our KYC automation mirrors the steps an analyst takes, allowing us to dynamically build accurate and complete KYC files in line with your policies.

ease the cost and burden of KYC operations

spend three minutes, instead of three hours, on KYC information and news discovery with encompass automation

maximise protection from regulatory risk

a lack of oversight of manual processes leads to the inconsistent application of KYC policies across an organisation; KYC automation with encompass ensures policies are always executed consistently

enhance your existing systems and processes

one simple integration of the encompass API into existing customer lifecycle management or onboarding systems allows you to take full advantage of KYC automation quickly and easily

capabilities

define bespoke processes based on internal policies

encompass robotically automates information and news discovery based on your existing KYC policies and procedures, and using your trusted sources.

flexibility to remediate KYC files based on all your global policies

encompass accesses and analyses data from corporate registries and premium company data providers to dynamically visualise corporate ownership structures.

intuitive dashboard keeps you fully informed at all times

Using your trusted sources, KYC policy definitions and a risk-based approach, encompass automatically discovers ultimate beneficial owners (UBOs).

define bespoke processes based on internal policies

encompass robotically automates information and news discovery based on your existing KYC policies and procedures, and using your trusted sources.

 

flexibility to remediate KYC files based on all your global policies

encompass accesses and analyses data from corporate registries and premium company data providers to dynamically visualise corporate ownership structures.

 

intuitive dashboard keeps you fully informed at all times

Using your trusted sources, KYC policy definitions and a risk-based approach, encompass automatically discovers ultimate beneficial owners (UBOs).

automatically screen for regulatory risk

encompass automatically screens all relevant entities and individuals against your chosen sources to identify sanctions and Politically Exposed Persons risk.

 

identify adverse media

encompass seamlessly screens individuals and entities for negative news, using artificial intelligence to automatically prioritise articles of importance to you.

 

ongoing monitoring

According to your criteria, encompass will continuously monitor customer profiles for material changes that may trigger the need for KYC remediation.

 

dynamic creation of a full audit trail

encompass builds a complete audit trail for every search and action taken on a profile for demonstrable compliance.

see encompass in action

benefits

improve the quality of your KYC

get the full picture of every customer for safer, more informed decisions

improve customer experience

automated data gathering allows you to onboard customers more quickly

gain full control of KYC

fully automate KYC discovery to ensure consistent application and enforcement of policies

reduce the cost of KYC

automation reduces valuable hours wasted on repetitive, manual tasks

delivery

SaaS portal

our intuitive user interface provides you full automation to access all of your trusted data sources, run searches and discovery, view and action results and conduct ongoing monitoring in one place

API

the encompass API links more than 70 data providers into a single interface, connecting you to the most in-depth and relevant data you need to make your customer onboarding decisions

related content

best practice in AML and KYC compliance

the new know your customer standard

C6 Intelligence case study

discover what encompass can do for you

Ready to learn how encompass can accelerate your client onboarding and compliance checks?

Fill out the form to request your personalised consultation on how encompass can help your business.

Alternatively you can contact our team directly on 0333 772 0002.

By continuing to use the site, you agree to the use of cookies. more information

our website and use of cookies

Your personal information will not be collected if you are only browsing one of our websites but we do use cookies to better tailor our information and our services to meet your needs.

A cookie is a small piece of text that is placed within the memory of a computer and can be later retrieved by web page servers. Cookies are used to enhance your interaction and convenience in using our website and we do not use cookies to record any of your personal information. Cookies may record information about your visit, including the type of browser and operating system you use, the previous site you visited, your server's IP address, the pages you access and the information downloaded by you.

While this anonymous statistical data may be aggregated and used in broader statistical analysis by us and our web monitoring service provider to improve our services, we cannot personally identify you as the source of that data until such point as you provide your personal information to us.

Close