risk management solutions, compliance solution, kyc verification - KYC Portal CLM
Physical face-to-face meetings are now a thing of the past, thanks to KYC Portal’s embedded video conferencing module. Clients can now be in the comfort of their own home whilst being interviewed and assessed during their EDD process. KYCP includes a game-changing, proprietary embedded video conferencing solution, with automatic recording. Through a system-generated secure link with a calendarised date and time invite, a full, in-person interview can be carried out on any chrome enabled device to further augment the validity of the due diligence process.
As with all interactions on KYCP, all recordings are included in the end-of-process audit trail, stored using secure encryption and cannot be accessed directly, modified or tampered with. Furthermore, KYCP enables the ulterior biometric verification of a subject’s identity by comparing photographs from a variety of identity documents submitted as part of the on-boarding process with footage recorded during the face-to-face interview, using the embedded video technology present within the platform. Going above and beyond the existing regulatory requirements, this feature provides the ulterior security against potentially fraudulent applicants, and further allowing additional discovery through the overview dashboard, in cases of multiple application attempts, even across geographically remote offices, or when utilising aliases or variants of the official identity.
As you can see, KYC Portal streamlines and simplifies the on-boarding process to be done 100% remotely and at the same time being automated and controlled in the back-end of KYCP, increasing the efficiency of your compliance team. KYC Portal directly focuses on minimising the regulatory burden on business goals, and it has never been easier. The system focuses on automating the operational aspect of compliance and due diligence, both from an on-boarding perspective as well as the on-going concern which also includes the screening for PEPs, sanctions and adverse media. The system does not provide or replace such data services, however, it hooks up to almost any 3rd party provider in order to automate the process of KYC in its entirety and not only focus on a small step of the entire life-cycle.
KYC Portal is one of the most complete end-to-end lifecycle management solutions, catering for all the steps in the entire process and centralising the entire process flow involving all parties into one communal portal. Not on-boarding new clients during this pandemic is not an option for most, and on-boarding new clients without proper due diligence is too much of a risk so get in touch with us today, to learn how we can collaborate during these challenging times.
Schedule your live online demo with us today.
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