Manual and
error-prone process

Each obliged entity currently fills out forms manually (often on paper) and communicates with customers through insecure channels.

Complicated Client

Due Diligence

Each obliged entity searches multiple sources and performs manual checks to gather customer information.

Periodic client

review

Each obligated entity would periodically have to repeat tedious and time-consuming AML checks for all its clients.

Documentation in

paper form

Documentation in physical form is cumbersome to search, store, and share.

Non-standardized

processes

Each obligated entity is left to develop its own processes, templates, and tools.

High risk
of errors

Complicated regulations that change periodically significantly increase the risk of error.