KYC Portal deploys technology into ARIE Finance to accelerate onboarding

KYC Portal has deployed its compliance tools into ARIE Finance to accelerate the onboarding of corporate clients, whilst meeting global regulatory compliance.

As part of the deal, ARIE Finance has integrated with KYC Portal to automate process to onboard their new clients. The company describes KYC Portal as one of its “key technology bricks from leading 3rd-party providers, all seamlessly connected via APIs.”

ARIE Finance, which is a division of ARIE Capital Group, provides clients with a selection of digital solutions, including investment banking.

ARIE Finance managing director Aisha Sudally said, “According to Artesian, it takes an average of 32 days to on-board a new customer, requiring approximately 8 different interactions during the process. In our experience, it can sometimes be significantly longer than this for companies with complex structures and significant cross border businesses.”

This was one of the big priorities ARIE was looking to solve and KYC Portal’s onboarding and customer outreach tools were the perfect fit.

One of the oother features that attracted ARIE to KYC Portal was the automated customer risk scoring solution. This tool is powered by a fully dynamic risk engine, which enables a client to design any aspect of risk to meet regulatory and internal risk needs.

KYC Portal can instantly alert compliance teams when the organisation is exposed thanks to its continuous risk monitoring on all subjects.

The KYC Portal platform reduces the reliance on manual processes and actions, reducing cost to market and the risk exposure. One of its biggest benefits is the peace of mind that data is being safeguarded, it said.

Read the full case study here.

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