AWDC Café: DEMO KYC management and onboarding tool by Passfort
Passfort ( affiliated to Moody’s/Bureau Van Dijk) has developed a tailored onboarding tool to support Belgian diamond traders with onboarding clients and managing KYC data and risk assessment of clients.
Here’s what the tool can do:
- Support members of the Antwerp diamond community in automatically sending out electronic forms to counterparties to gather KYC data.
- Automatic connection with global commercial registries (e.g. for the sourcing of articles of incorporation)
- identifying and screening (PEPs, Sanctions and Adverse media) of directors and UBO’s in an automated fashion
- Source and verify ID documentation received from clients
- Automatic risk assessment to support the onboarding decision of clients
- The automated documentation (Audit trails) and reporting at portfolio level
- And much more!
Essentially Passfort will show participants a live demo on how they can automate a big part of their onboarding and ongoing monitoring requirements. This tool will help to save time and remain compliant.
If interested register now for this AWDC café on the 19th of February – AWDC building (-1)
Date AWDC Café: Monday 19 February 2024
Venue: AWDC building, Hovenierstraat 22, floor -1.
10:00 Start seminar