Using our automated solution,
we help businesses 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 have 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 Now accurate onboarding can happen instantly while avoiding outdated or missing documentation.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 Now accurate onboarding can happen instantly while avoiding outdated or missing documentation.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.

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

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.

Law firm
Legal and accounting beneficial owner

Take Advantage of our Auditable and Transparent UBO Process

The credibility of law firms makes them a target for criminals. Weak processes or undertrained staff can leave the door open for financial crime.

Paul Philip, SRA Chief Executive, said: “The damage money laundering does to society means that every solicitor must be fully committed to preventing it. The vast majority would never intend to get involved in criminal activities, but poor processes open the door to money launderers.”

With increasing compliance checks on law firms and warnings of “Strong Action” against those who continue to fall short, it has never been more important to fully understand who you are doing business with.

We work with law firms to provide efficient and accurate Beneficial Owner information. Saving them time tracking down Owner and Controller information, while maintaining high-quality legal declarations and a clear audit trail that meets your compliance obligations.

Take Advantage of our Auditable and Transparent UBO Process

The credibility of law firms makes them a target for criminals. Weak processes or undertrained staff can leave the door open for financial crime.

Paul Philip, SRA Chief Executive, said: “The damage money laundering does to society means that every solicitor must be fully committed to preventing it. The vast majority would never intend to get involved in criminal activities, but poor processes open the door to money launderers.”

With increasing compliance checks on law firms’ and warnings of “Strong Action” against those who continue to fall short, it has never been more important to fully understand who you are doing business with.

We work with law firms to provide efficient and accurate Beneficial Owner information. Saving them time tracking down Owner and Controller information, while maintaining high-quality legal declarations and a clear audit trail that meets your compliance obligations.

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 processes. 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 into 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

See How UBO Service Can Benefit Your Business