When you onboard a new customer, you have to analyze their personal and financial information and comply with AML and KYC regulations.
It is a crucial part of your compliance program to avoid association with untrustworthy clients. They can cause financial and reputational risk with financial frauds and money laundering activities.
The main objective of AML and KYC is to enable you to identify any potential risk that comes with onboarding a client and detecting illicit payments or risky customer activities.
However, you have to go through dozens of new client KYC/AML documents every day. As a reason, manually analyzing each of them is tedious and time-consuming.
Therefore, following a traditional KYC/AML onboarding method and not designing the system with modern tools may increase the risk of potential financial threats.
To ensure that you restrict any money laundering or illicit financial activities, Clustdoc developed an advanced and effective solution to complete the KYC/AML process for your company.
With Clustdoc, your KYC and AML process will be thorough, structured, and well-integrated, thus improving risk assessment, monitoring, and authentication in your institution.
The KYC/AML solution from Clustdoc will let you create an automated customer verification process.
Our identity verification solution is comprehensive, robust, and engaging. It will let you swiftly legitimate and evaluate the risk of doing business with the onboard customer.
With Clustdoc's advanced features, you can quickly and easily obtain the information you need from clients to verify the information provided by them.
Clustdoc offers a white-labeled interface that allows you to personalize the KYC/AML process and help prevent any illegal financial activities within your company.
With Clustdoc’s built-in digital form builder, you can easily collect all the information required to verify a client.
Using our advanced features, you can collect complete personal information, contact information, bank details, and more to verify customer identity and legal standings.
Onboard customers can now fill forms online interactively with speed and accuracy.
The form gets displayed in your custom checklist and customer interface. Next, you can move the genuine customers along in the onboarding process after reviewing their information.
You deal with a wide range of customers, and the information required to collect differs for each one of them.
With Clustdoc, you can create customized KYC/AML checklists for each of your clients. You can design a unique onboarding and verification checklist for individuals, registered companies, funds, trusts, or partnerships.
Using our advanced mobile application, your clients can conveniently submit their information from their phones in their own time without any hassle.
Your team can review their information very quickly from the business console.
You must keep track of your clients' information for future references and legal compliances. The old approach makes it troublesome to maintain a record of the papers gathered.
Manually collecting KYC/AML forms and documents takes a long time, and these documents frequently go misplaced in your cabinets.
Clustdoc saves the client submissions in a distinct client folder in the cloud. It means that it is easier to get to the files in the future.
You can personalize the checklist to collect the information you need from your onboard customers.
Clustdoc is the most advanced and efficient KYC/AML automation platform available.
You can customize our ready-to-use white-labeled KYC/AML checklist for your brand and provide your customers with a smooth and trustworthy experience.
With Clustdoc, you can now collect and verify your client's identity and manage an effective response to money laundering risks without any hassle.