We Believe

Every firm should have access to easy and affordable Digital Identity Verification technology to the pain away from Knowing Your Customer (KYC) and Anti-Money Laundering (AML) obligations.

This meant we had to think about Anti-Money Laundering software in a new way. We took what we knew from large global banks and streamlined the process to create an affordable, modern and uncomplicated user experience.

We evaluated how users' complete customer due diligence (CDD) and then how on-going customer due diligence (OCDD) is managed.

First, we simplified customer onboarding

Customer onboarding Means:

• the firm understands the risk a new client poses;
• you have verified their identity;
• you have undertaken enhanced due diligence where there's a higher risk.

Knowing the risk a customer poses can be subjective but it determines whether you need to take more action.

That’s why we started the customer journey with a Customer Profiling app.

Within a minute or two you have the full customer onboarding profile created, including ‘nature & purpose’ risk. With the ‘know your customer’ profile created, all you have to do is to click a few buttons to complete ‘identification verification’ and ‘enhanced due diligence’.

Within 3 to 6 seconds you’ll have the identification verified from the issuing body or government with access to 65+ billion identity records across 180+ countries.

Sometimes a little more due diligence is needed

Watchlists & Screening

For those with a higher risk profile needing a little more due diligence, we simply click the enhanced due diligence and receive a full report in seconds.

There is no magic bullet for completing source of funds enhanced due diligence electronically! What we provide is the information your client won’t know or may avoid.

We scan the worlds databases to check to see if your client is a Politically Exposed Persons, or a Known Close Associates or Special Persons of Interest as well as any Sanctions or Adverse Media. Your customer is most likely the only one that can provide ‘source of funds’.

We simplified Ongoing Customer Due Diligence

Ongoing Customer Due Diligence

Ongoing due diligence can be the hardest and most costly part of any AML Programme. Knowing what needs attention, or needing on-going due diligence, can be tricky without the right systems in place and near impossible manually.

We developed the ‘insights-driven’ dashboard to manage just that.

Your ‘in-sights driven’ landing page connects your ‘Know Your Customer’ (KYC / CDD) information and ‘Suspicious Activity Monitoring’ (SAM / OCDD) to provide a firm-wide snapshot of risk and activities needing attention.

Any incomplete profiles or suspicious activity is highlighted for attention

We show real-time insights notifications to let you know of:

• Incomplete customer profiles and unverified identification;
• Required Enhanced Due Diligence (EDD);
• Activity breaching your firms risk tolerance.

Ongoing Due Diligence – Task Manager

Ongoing due diligence would not be complete without task management and record keeping. Anqa AML Suspicious Activity Monitoring manages activity work-flows, improves compliance and provides better customer insights.
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Task Manager lets you efficiently prioritise your and your firms workload to manage risk.

Assigning a suspicious activity to Task Management enables thorough investigation of the risk until it is deemed ok to approve, to close or refer to the Financial Investigations Unit (FIU).

The identification of suspicious activities can be one of the most complex part of a compliance manager's role and one of the most important parts of a company’s compliance programme.

Being able to reconstructing the transaction and the identity of the person attached to the transaction without Intelligent solutions can be complex and time consuming but is key to safeguarding your company.

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