A Unified Platform
for Due Diligence
The aim of this partnership, similar to the partnership we
have with all other suppliers on the market, aims to deliver a solution that is
a more centralized and streamlined solution to our clients.
A system that aims at centralizing all elements of due
diligence into one central platform. A crucial data point within this process
is the data relating to political exposure (PEPs), sanctions and adverse media.
Indeed KYCP already integrates with many providers on the market all based on
the specific requests of clients.
This partnership highlights a new era of services within
KYCP on top of what is already being offered. A service where such screening
data is available on demand, instantly, for all our clients globally without
the need to have minimum thresholds or yearly volumes. A service that is
available at a click of a button.
“
I’m glad we managed
to partner up with StartKYC. I believe there is a lot of room for growth for
the both of us and this partnership only makes it more possible. The quality of
the data that StartKYC provide together with the ability to seamlessly use this
service within our product complements the overall concept of risk
orchestration” said Kristoff Zammit Ciantar, Founder and CEO at KYCP.
The alignment of these services melds two types of services
together within the due diligence and compliance space.
KYCP is one of the
world renowned client lifecycle management systems on the market. It’s also
one of the most powerful Risk Orchestration tools ever built boasting Embedded
Outreach and the most powerful Configuration Studio on the market.
StartKYC brings deep
expertise on the data side of compliance. It focuses on the data element within the market with over one
million profiles being constantly curated with all elements from across the
world.
The PEP database
spans across sources including official sites such as government or national
assemblies and foreign offices. When English sources prove insufficient to
account for the personal traits and affiliations of certain PEPs, foreign
sources (in foreign/local languages) would be relied upon to obtain fresh
information and bridge the gaps between inconsistent information.
Global sanction lists
are monitored every half an hour.The
platform also monitors international
watch lists including data from varied sources to provide extensive insight on
individuals or legal entities other than regular PEP and Sanction data as well
as over 10,000 sources to monitor Adverse Media.
“
At StartKYC, our mission has always been to make AML
screening easy, accurate, and accessible. Partnering with KYCP allows us to
embed our screening engine directly within one of the most advanced risk
orchestration platforms on the market, enabling instant PEP, sanctions, and
adverse media checks with no minimums and full flexibility. We’re excited about
this partnership and look forward to helping KYCP clients access smarter,
faster, and more affordable screening than ever before.” said Jean Borg, Co-Founder at StartKYC.
This partnership has
been forged to deliver one of the latest features in KYCP whereby
Embedded Screening is
being offered as part of the
Pay As You Go services of
KYCP.
Want to learn more? contact us directly on
sales@kycportal.com or
schedule
your live demo with us today.