the new standard in kyc
for legal and accountancy firms
Thank you for giving us the opportunity to show you what encompass verify can do for Linklaters. Below you will find more information about our solution.
If you would like to find out more please get in touch.
ENSURE AML & CTF COMPLIANCE, ONBOARD CLIENTS FASTER, AND REDUCE THE REAL COST OF YOUR KYC PROCESS
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 have now come in to force. All businesses need to update their systems to comply with the new regulatory framework.
This is not easily achieved.
Existing compliance workflows consist largely of disparate, standalone systems linked by manual tasks, making processes prone to human error and requiring high-levels of costly oversight.
encompass verify solves this problem
encompass is the creator of KYC automation for major financial and professional service firms globally. It is the only provider of simultaneous, real-time access to multiple sources of global company and person data.
By using robotic search to discover everything your KYC policy demands, encompass verify delivers more efficient processes and faster, safer regulatory compliance, resulting in lower costs and superior risk management.
Key elements including UBOs, PEPs, sanctions and adverse media are all identified, visualised and verified in seconds. Whether it’s one, or one thousand customers, enhanced risk assessment, monitoring and remediation can now be achieved at scale through the power of automation.
watch encompass verify in action
How does encompass verify work?
Our team works closely with your existing compliance team to develop an automated policy unique to you, allowing you to determine which data sources your policy uses and the levels of risk you are comfortable taking when onboarding a new client.
In this short video, we demonstrate how encompass verify sources data across multiple public registries to combine with ownership, identity, and AML screening information automatically.
we believe the best decisions are made when people understand the full picture, fast.
all the information you need, global coverage across your complete client book
easy to understand format reveals ultimate beneficial ownership and relevant associations
instant results through automated policy execution, monitoring and risk rating
the one stop shop for your AML/KYC information needs
electronic ID verification
encompass verify has access to more industry-leading global data providers than any other KYC solution, including Bureau van Dijk, Dow Jones Risk & Compliance, Dun & Bradstreet, LexisNexis World Compliance, Thomson Reuters World Check and many more.
It fits seamlessly into your existing due diligence processes, allowing you to continue using your existing sources with no change to your billing, and gain further insight from additional sources for enhanced due diligence as and when you need.
View all our data providers and available reports in ‘How Billing Works’, our data provider brochure.
ready to find out more?
Contact Richard Beattie today to arrange your consultation on how encompass verify can benefit Linklaters.
Email email@example.com or call him on
+44 (0) 7719-511-234