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 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.
Our platform builds a comprehensive KYC profile from multiple sources, facilitating fast, confident decisions for many clients – from large corporations through to small and medium sized enterprises and individuals.