Based on client requests, KYC Portal has integrated its
platform with the data provisioning services of Acuris Risk Intelligence. The
integration is automated using the APIs available by both tools. By using the
API of KYC Portal to push and pull data requests from the API of Acuris Risk
Intelligence, it allows for further automation in the process flows of KYCP.
How does it work?
In KYC Portal the data of subjects is input through various
means. This is either by the agents or compliance teams within the organisation
or directly by their customers, the data on subjects is inserted within KYC
Portal. When connected to Acuris Risk Intelligence, the clients of KYC Portal
then decide which of the following features to use:
- Manual Search
Within KYC Portal there is a button that
allows the agent to trigger a manual search. This will pick up all the data in
KYCP for the respective subject and submits a call to Acuris Risk Intelligence.
Should multiple matches be found they are presented to the agent within the
same interface of KYCP allowing the agent to use one system only. These results
will include all the data returned from Acuris Risk Intelligence including
photo, personal details, political positions, adverse media and much more.
The interface allows the agent to be able
to choose which is the right match and which are the false positives at any
point in time. All the actions above are instantly audited within the system
against the subject by user and date time.
- Automated Search
Clients can also opt to have any subject
that is added to KYCP to be automatically submitted to the Acuris Risk
intelligence without having to manually trigger a search. This eliminates the
need to have a member of staff conducting the search, which drastically reduces
resource time required and it also ensures that all subjects are searched.
Should a match be found on the submitted record, KYCP will alert your team the
following day in the morning with a Notification to be able to then manually
check the results. All of these actions are also instantly audited against the
- On-going Monitoring
Also via the API, Acuris Risk Intelligence
allows KYC Portal to hook up for on-going monitoring. This will allow KYCP to
ensure that all of your subjects in KYCP are up to date on a daily basis.
Should the monitor alert anything, KYCP will raise a notification to the
respective team to be able to act on the process flow within the solution.
Acuris Risk Intelligence provide data services on PEPs,
Sanctions, Adverse Media, Fraud databases and more. Further detail about their
services can be found here