How we help securities and investments companies to prevent financial crime and achieve compliance
Securities firms, brokers, asset managers, and investment advisors may be used by criminals to:
- Purchase or sell financial instruments to disguise funds
- Move money through international markets quickly
- Exploit anonymity in complex products or nominee accounts
- Use layering strategies via securities to obscure fund origins
For the securities and investment business, staying on top of Anti-Money Laundering compliance isn’t just best practice—it’s essential. Failing to do so can lead to hefty fines, serious reputational damage, and even jail time for senior leaders.
Verification of an individuals identity, PEP status, source of wealth are essential processes in mitigating legal and reputational risk.
Compliability’s KYC and Sanction screening improves the efficiency of compliance workloads by reducing false positives by up to 70 percent and shortening onboarding cycle times by up to 50 percent.
Our KYC checks rapidly to verify identity, then screens against global PEPs and Sanction databases to give you the highest protection against terrorism funding, fraud and other unlawful financial activity.
Effortlessly manage and reduce risk by cross-referencing over 300 trusted data sources—including credit data, global PEPs and sanctions lists, passports, European ID cards, electoral rolls, and utility records.
Using our Salesforce plug-in, all checks can be made within the CRM and results seamlessly added to the CRM record.