UBO Declarations for
Financial Services
and Obliged Entities

From large corporate entities to start-ups, we help businesses transform customer journeys, reduce fraud and meet on-going compliance obligations.

Compliance Industries GET STARTED

WATCH EXPLAINER VIDEO

Using our automated solution, we help business’ to:

Automated Compliance process
Automate and accelerate
on-boarding processes
Compliance audit
Provide clear audit trails to
demonstrate how KYC
decisions have been reached
Workflow tools for compliance
Reduce burden on the
business’ operations
Industries icon
Reduce the time spent
navigating multiple layers
of ownership
SRA AML requirements
Obtain official legal
declarations from primary
source data
AML Regulatory Requirment
Ensure they meet their
on-going regulatory
requirements

Enhancing KYC processes with automated solutions can reduce onboarding costs by 70%

Forbes
Financial Services AML Compliance
Financial Institutions Beneficial Owner

Discover the Power of
Compliance Combined with Customer Experience

Recent legislation and enforcement actions has placed a spotlight on financial institutions to know the individuals they do business with. The widespread abuse of complex ownership structures to conceal the identities of beneficial owners has complicated the process of AML/KYC compliance.

We help Financial Institutions enhance the customer experience by accelerating the compliance process with our portal dashboard and API. Now accurate onboarding can happen instantly while avoiding outdated or missing documentation.

Discover the Power of
Compliance Combined with Customer Experience

Recent legislation and enforcement actions has placed a spotlight on financial institutions to know the individuals they do business with. The widespread abuse of complex ownership structures to conceal the identities of Ultimate Beneficial Owners (UBOs) has complicated the process of AML/KYC compliance.

We help FI’s enhance the customer experience by accelerating the compliance process with our portal dashboard and API. Now accurate onboarding can happen instantly while avoiding outdated or missing documentation.

Inefficient processes cause customers to walk. 12% of companies said they changed banks as a result of KYC issues.

a Thomson Reuters survey found
Regtech for AML

Turn UBO Identification into a Business Accelerant

In the RegTech world, things move fast. You need to be able to scale quickly. Manual investigation and research for verifying UBO information can be time consuming, you can find your onboarding process slow and cumbersome.

UBO Service seeks to change all that. Now you can get full UBO transparency while clients are verified in real time with our legal declaration online portal and API service. In addition, to become regulation-ready, our solution is also GDPR compliant, thus removing you from additional data security liabilities.

Our white label solution also allows you to customise our service to reflect your company’s corporate identity and branding.

Turn UBO Identification into a Business Accelerant

In the RegTech world, things move fast. You need to be able to scale quickly. Manual investigation and research for verifying UBO information can be time consuming, you can find your onboarding process slow and cumbersome.

UBO Service seeks to change all that. Now you can get full UBO transparency while clients are verified in real time with our legal declaration online portal and API service.

Expand your revenue opportunities and take advantage of our automated UBO declaration service.

We build strategic partnerships with the worlds leading Fintech/Regtech organisations to help digitally transform compliance and onboarding.

Regtech
Payment service providers AML requirements

Turn UBO Identification into a Business Accelerant

Following recent regulations, payment service providers must conduct due diligence whenever they bring onboard new business customers to combat payments fraud and to prevent financial crime.

Each customer must be reviewed to ensure they are not on a PEPs list. Customers who are on a PEPS or sanctions list can cause severe reputational damage to a payment service provider, resulting in enforcement fines, brand damage and loss of future revenue.

With our technology, we work with payment service providers to automate and accelerate their customer due diligence and risk management process. UBO Service captures Beneficial Owner declarations from your clients, using legally reliable primary source data. We make it easy to screen customers whilst enforcing compliance.

Make decisive risk-based decisions based on trusted UBO declarations.

Payment service providers AML requirments

Turn UBO Identification into a Business Accelerant

Following recent regulations, payment service providers must conduct due diligence whenever they bring onboard new business customers to combat payments fraud and to prevent financial crime.

Each customer must be reviewed to ensure they are not on a PEPs list. Customers who are on a PEPS or sanctions list can cause severe reputational damage to a payment service provider, resulting in enforcement fines, brand damage and loss of future revenue.

With our technology, we work with payment service providers to automate and accelerate their customer due diligence and risk management process. UBO Service captures Beneficial Owner declarations from your clients, using legally reliable primary source data. We make it easy to screen customers whilst enforcing compliance.

Make decisive risk-based decisions based on trusted UBO declarations.

Obliged Entities AML requirements
Obliged Entities Beneficial Owner

Digitally Transform your Compliance Process

As an obliged entity you may need to perform Beneficial Ownership verification checks for a variety of reasons - Know Your Customer (KYC), Know Your Supplier (KYS), or general Anti Money Laundering compliance procedures. Increasing regulation and the threat of enforcement actions, even in the case of unintentional non-compliance creates more overheads and slows businesses down.

With UBO Service, you can confidently cut down the research time and easily onboard clients and suppliers. We offer real-time, compliance ready UBO solutions that turn a burden into a business accelerant.

Instead of spending hours meticulously putting together a documented trail, you can put those hours to growing your business.

Take Advantage of our Auditable and Transparent UBO Process

As an obliged entity you may need to perform Beneficial Ownership verification checks for a variety of reasons - Know Your Customer (KYC), Know Your Supplier (KYS), or general Anti Money Laundering compliance procedures. Increasing regulation and the threat of enforcement actions, even in the case of unintentional non-compliance creates more overheads and slows businesses down.

With UBO Service, you can confidently cut down the research time and easily onboard clients and suppliers. We offer real-time, compliance ready UBO solutions that turn a burden into a business accelerant.

Instead of spending hours meticulously putting together a documented trail, you can put those hours to growing your business

UBO Service Logo Medium

Want to See How UBO Service
Can Benefit Your Business?

get started