Digitising corporate onboarding across regulated industries
A market-leading institution in commercial banking, Hamburg Commercial Bank was looking to fully digitise the onboarding process of their corporate clients.
Empowering compliance teams
Real-time Official Registry Connection
By acquiring official incorporation documents directly from the company registry, our solution reduces the time needed for corporate client onboarding by up to 86%, minimising customer friction and accelerating access to revenue.
Instant UBO/Company Structure Charts
Our technology utilises 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.
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.
Linkage & Duplicate Detection
By centralising all customer onboarding activities for both individual and corporate clients, Know Your Customer 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.