Data agnostic, automated search across third party, internal, and open sources datasets in near real time concurrently.
Know your customer and supplier checks require a great amount of manual effort. Our solution enables you to automate all stages of your KYC and KYB, including onboarding, remediation, monitoring and complex EDD for higher risk customers, saving up to 85% of your analysts’ time.
More Stringent Regulations
Tighter regulations mean businesses are under increasing pressure to better understand their customers.
Manual Processes are Driving Up Costs
Manually carrying out KYC remediation and enhanced due diligence for higher risk customers require much more time, impacting costs of compliance and customer experience.
Data Agnostic Automation Not Available
Solutions capable of delivering efficiencies by automating all aspects of KYC including monitoring and EDD stages that require multiple data sources not available.
Our solution, Scout®, is a unique automation platform capable of scaling to handle all aspects of KYC and KYB checks, including EDD and remediation, and ongoing monitoring to maximise operational efficiency.
Save up to 85% of your team’s time
Complete hours of work in minutes
A true single intelligence environment for KYC with commercial, consented, consumer, open source and internal data concurrently risk assessed; saving time and reducing cost.
Out-of-the box integrations include GB Group, LexisNexis, CreditSafe, Companies House, open-source intelligence, and credit reference agencies.
Create search and risk assessment workflows that collate and analyse across your data sources, along with visualisation of links, make it much easier to discover hidden connections and risk.
Customise your workflows to assess risk of all complexities, at any stage of the customer relationship, whether it is simple or high-risk customer onboarding or ongoing monitoring.
Include variable data like Companies House to monitor your customers, reassess at periodic points, and then proactively identify customers whose patterns of behaviour are moving towards offending.
The generation of reports in less than sixty seconds allows you to make decisions more swiftly and improve your customer experience.
Standardised, concise reports with all sources referenced enable your analysts to make better decisions.
Automation of cross referencing and drawing links across disparate datasets reduces the errors that can occur when doing this manually and improve accuracy.
Scout® overcomes the problem of returning too many results from open-source searches with tools to create highly targeted automated searches around keywords, proximity, time-frame and document type.
Our sophisticated cleansing technology reduces false positives by allowing you to evaluate potential targets from multiple data sources by prioritising on name spelling, date of birth or even location.
Scout® ‘s KYC automation tools are already delivering significant R.O.I gains for businesses wishing to know their customers, suppliers, and counter parties across financial services, gambling, insurance and many other sectors.Learn How Scout® Works
With numerous technology solutions in the market, it can be a problem to know and understand which one is best for you. In this article, we pick apart the core elements of a successful enhanced due diligence investigation so you can better evaluate a provider’s offering.