Compliance: the new decade
We were pleased to be asked by The International Compliance Association (ICA) and ITN Productions to feature in a mini-series of news-style programmes shining a light on technology and compliance.
Compliance: the new decade has been produced to raise awareness and understanding of the issues that affect compliance professionals. The first programme, which features Encompass, explores the technology, particularly AI, RegTech and FinTech, which is allowing compliance professionals to future-proof themselves and expand risk horizons in a rapidly changing environment.
In this video, our co-founders, Wayne Johnson and Roger Carson, share the story of Encompass, alongside former Chief Risk Officer and industry advisor, Stephen Allen, who discusses the benefits of RegTech to banks.
Know Your Customer (KYC) regulation is evolving and so are the costs and impact on the global financial industry.
Encompass' intelligent process automation platform for KYC dramatically improves the client experience, significantly speeding up KYC processes. Encompass automates gathering, processing and collation of primary and premium information and news discovery for KYC purposes - be that for new customer onboarding, event-driven refresh, or remediation.
Using their customers’ existing internal KYC policies and processes, Encompass constructs corporate ownership structures, discovers beneficial owners, and comprehensively screens entities and persons for risk - be that across structured watchlist data sets or unstructured adverse media sources.
Advanced intelligent process automation builds a comprehensive KYC profile from multiple sources, facilitating fast, confident decisions.
Encompass delivers a single platform to manage clients from large corporations through to small and medium sized enterprises and individuals.
Discover what Encompass can do for you
Ready to learn more about Encompass' intelligent process automation platform for KYC?
Fill out the form to request your personalised consultation on how Encompass can help your business. You can also contact our team directly on +44 (0) 333-772-0002.