KYC and Due Diligence

KYC (Know Your Customer) – this is a legal requirement intended as an AML measure.

CDD (Customer Due Diligence) – this is a KYC process of doing background checks on your customer to assess the risk they pose before dealing with them. This process gives you a holistic look at how the customer operates.

EDD (Enhanced due diligence): this is a KYC process that provides a greater level of scrutiny of potential business partnerships and highlights risk that cannot be detected by customer due diligence. EDD goes beyond CDD and looks to establish a higher level of identity assurance by obtaining the customer’s identity and address, and evaluating the risk category of the customer. EDD is specifically designed for dealing with high-risk or high-net worth customers and large transactions. Because these customers and transactions pose greater risks to the financial sector, they are heavily regulated and monitored in order to ensure that everything is on the up and up.

Enforcio Platform

Manage your business risks with our end-to-end KYC and due diligence solution Enforcio that focuses on automating the operational aspect of compliance and due diligence, both from and on-boarding perspective as well as the ongoing compliance.

What is usually done manually by teams of staff in order to constantly ensure that all is in place is done by Enforced in real time:

Risk Score over time - granular

Assessing not just a ‘snapshot’ of risk, but rather automatically scoring risk over time on a granular level with automatic notifications of potential changes.

Small scale users

Our highly scalable platform can scale to match organisations of all sizes and sophistication, from start-ups to large global organisations. Configurable to your way of working, your risk appetite and your internal control environment.

Automated Organograms

Automatic generation and updating of organograms that users can easily export PDFs of entity relations and associated companies and directors.

Third party database import

The Corporate Source Register allows any user to trigger searches with selected third-party providers, from within the product. This is a feature that allows you to review the results, choose the corporate or individual that you would like to import the data for, as well as all the related parties and key principles behind such corporate, at a click of a button.

Extensive bank of databases

The most extensive company information and corporate structures combined with sanctions and other adverse data that delivers new levels of certainty on your third parties, and the individuals behind them.

Report data export

You can generate comprehensive report in a variety of popular formats, including Word, Excel, PPT, and PDF and export them. Include visual elements such as graphs and risk heat maps.

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