USEÂ CASE
Automate source of wealth and anti-financial crime checks as part of your automated AFC & AML processes, to eliminate manual coordination risk and ensure compliance.
There are a number of compliance platforms and “end-to-end” KYC-as-a-service offerings to help financial services companies onboard customers. When routine KYC checks or automated account monitoring do reveal irregularities, however, there are a number of additional checks that must be conducted by an in-house risk analyst to either approve or block the customer account. With a highly-customizable workflow automation platform, it’s possible to capture the investigative process end-to-end, remove manual coordination risk, and create audit-ready documentation automatically.
Use event-based triggers to automatically initiate new investigate workflows.
Collect proof of wealth statements and other requested customer data using secure external portals and automated emails.
Execute decisions and initiate follow-on actions (approval/document/notify or block/notify/terminate) automatically. Update case documentation in compliant, timestamped format.
Whether you’re Head of Compliance, Process Owner, or a seasoned low-code builder – get started your way.
