Explore our compliance and automation solutions
Adhering to compliance regulations should be at the very top of your priority list. But when you’re relying on old systems or manual checks to meet regulatory requirements, things can slip through the net. These mistakes can be costly in more ways than one, with financial and reputational loss on the line.
And when you add in the impact that tedious compliance processes and systems can have on the customer onboarding experience, you also run the risk of high customer churn. But what if there was a way to solve all these pitfalls?
We have taken multiple, unmatched data and technology providers and blended them into one solutions suite that can do it all. From PEP/Sanctions checks, to AML, Biometric, Credit, Source of Funds, Anti-Fraud, and Fraud Score checks, to UBO verification, plus international KYC and KYB functionalities, our compliance automation tools can help to maintain compliance, conduct continuous checks, and streamline onboarding.
Our compliance automation solutions also leverage the power of Robotic Process Automation (RPA) to enable unstructured data and disparate existing compliance processes and deploy monitoring via AI in our Fraud Score checks, to detect possible fraudulent patterns within financial activity.
The benefits of our automated compliance management
Redefine and reimagine your compliance processes with our compliance automation solutions. When you choose to implement our customisable compliance automation software, you are investing in continuous compliance automation solutions that will protect you from fraudsters and financial crime past the point of onboarding.
With our automated compliance platform, you can expect:
- Protection for your business against regulatory breaches and penalties
- Streamlined customer onboarding experience
- Maintenance of compliance
- Management of check progress, alerts, and rechecking with real-time alert functionality for monitored individuals and entities
- Improved efficiency and speed of processing
- Improved risk management for compliance remediation and delegation
Frequently Asked Questions
Why use Veriphy?
Loving your company's services! I switched to you from another provider, and what you deliver is much better, and your web interface is so much simpler to use.
I absolutely love it. I can't believe how easy it is to use and how user friendly it is in its format.
The system was extremely easy to set up and we were up and running with it very quickly… It made a refreshing change to be in that position so quickly.
This is very user friendly – brilliant! I wish I’d discovered this at the start of trading.
Very clear & simple. Used it, without reading the manual of course, just to give it a try. Excellent service.
I have just used Veriphy for the first time. It is excellent – so much easier than the old non-digital methods.