An onboarding efficiency and compliance tool that claims to minimize and manage compliance risks. Document reading abilities and visualization of a clients asset position. A survey response was not received during the assessment process.
End User | Wealth management firms and advisers requiring compliance with KYC requirements |
Advice Process Steps | Assessment |
Benefits | Compliance benefits for KYC |
Cost per user per annum | Unknown |
Time saving per client | Assessed at less than 1 hour |
Cost saving per client | Assessed at under $1000 |
Integration | Unknown |
Website embedding | Unknown |
White labelled | Unknown |
System prerequisite | Internet |
Single sign on | Unknown |
Data storage | Unknown |
Privacy standards | Not disclosed |
Limits on use | No |
Disaster recovery and business continuity plans | Not disclosed |
AFSL approval | Not disclosed |