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Know Your Business Features and Benefits

Real-time Official Registry Connection.

By acquiring official incorporation documents directly from the company registry, in 180+ countries and jurisdictions, our solution reduces the time needed for corporate client onboarding by up to 86%, minimizing customer friction and accelerating access to revenue.

Instant Shareholders/Directors/UBO/Company Structure Charts.

Our technology utilizes information extracted from official filing documents to identify corporate entities’ Ultimate Beneficial Owners (UBOs) and build complex company structure charts in a matter of seconds.

ID Verification and On-going AML Screening.

As our system identifies a new corporate entity or an individual as part of a KYB case, it automatically screens them for any AML activity, continuously monitoring their status and instantly flagging any changes in their situation (by connecting to a separate names screening service).

ID Verification and AML Screening is platform's extension by using a separate IDV and Screening services.

Linkage & Duplicate Detection.

By centralizing all customer onboarding activities for both individual and corporate clients, (Know Your Customer) KYB platform is able to automatically identify relevant links between existing cases and instantly detect potential duplicates to prevent unnecessary repetitions or data pollution.

API Integration & Batch Upload Portal.

Our solution runs on an API-based infrastructure for fast implementation and seamless integration. We also provide an easy-to-use batch upload portal which empowers compliance teams to instantly and securely import long back logs into the Know Your Customer’s platform.

Immutable Audit Trail.

Our Immutable Audit Trail contains all the details and steps of any KYB & KYC case, from inception to close. Actions and events are stored in a concise, immutable record which can be easily consulted by team members and retains documentary evidence for auditors.

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Various departments in an organization can use the KYB platform either individually or in-line. Customer information can be shared among customer onboarding related departments and back office systems including core banking or ERP or CRM which can be updated in real time (seconds) using KYB platform API-based infrastructure.

Use Cases

Know Your Business platform is used by:

• The Compliance / AML department for the CDD/EDD on corporate customers (Know Your Business).
• The Risk Management department for screening shareholders and other controlling entities of a company during the evaluation of providing a loan or other financial service.
• Procurement / Contract Management department for detailed pre-contractual vendor audit.

Standard Operation

Search for Companies.

Connect to official company registries, 129+ countries and jurisdictions, from around the world, including the 50 Sates of USA, in real-time from one centralized platform.

Retrieve Official Documents.

Download mandatory company documents from their primary source and let the system extract key information instantly.

Unravel Ownership Structures.

Review intuitive charts of complex ownership structures built automatically across jurisdictions.

KYC Controlling Individuals.

Perform required KYC checks on shareholders, controlling entities and ultimate beneficial owners as required by AML regulations.