Complex British and international entities are our speciality.
Let's make it fast, secure, and compliant.
KYC for HNWIs
KYC can be annoying at best and infuriating at worst for your high net worth individuals investor base. Make it easier for everyone with Source by First AML. Our platform embeds excellent experiences in the KYC/KYB process in these key areas:
- Original document collection, such as SoW and SoF
- Optimised workflows and smart tasks
- Smart automation that removes admin-heavy tasks
Source by First AML completes end-to-end due diligence on the complex entities involved in credit and debt transactions, that traditional administrators won’t touch.
Calm the complex
Source by First AML has a proven track record of collating the right information, in the right format, in the right timeframe, allowing your team to focus on the transaction.
Large transactions with numerous guarantors and foreign entities are easily onboarded and managed with the First AML platform.
Privacy and security
First AML meets global-standard, multi-layered security protocols minimising risk of a 'black swan' cyber event or repetitional ruin. A sample of some of our security and privacy actions include:
- ISO 27001 certification.
- AWS data storage located in Ireland.
- Quarterly independent, third-party penetration testing.
"We had a big fund with about 200 investors, and we had to run a full AML check on every single one of them. Without having implemented the process and relationship with First AML it would have been a disaster trying to navigate all of those internally."
Dan Danilov, Operations Manager, Blackbird VC
Active management meets risk mitigation.
As you actively manage investment portfolios and mitigate risk for clients, the First AML platform actively manages AML requirements and mitigates repetitional risk for you.
Unwrap complex entity and ownership structures with a click.
With a single button press, visualise entities, UBOs, PSCs, and connections, even across multiple jurisdictions. Automatically retrieve and map verified shareholder data into your entity structures. Welcome to a new era of clarity and simplicity in KYB entity analysis.
Source of Funds and Source of Wealth
Financial insights and compelling narratives. It's so much more than an Open Banking check.
With Source by First AML, unravelling complex financial stories becomes effortless. The Manifest serves as your guide, simplifying information requests and liberating time to dive deep into how customers amassed their wealth, verifying its legitimacy, and identifying potential additional beneficial owners.
Elevate your KYC Workflow
Source by First AML redefines KYC with a streamlined, efficient, and customisable approach.
- Integrated data feeds simplify data management
- Customisation options adapt Source to your unique AML processes
- Centralised, timely and relevant information reduces time-to-decision
- Auto alerts and reminders allow management by exception
- Audit trails are auto-built with every action
- Adaptive rule-based verifications trigger relevant due diligence checks based on specific customer risk levels.
"What I love about First AML is how easy it is to use the platform - the intuitive UI makes it very user-friendly."
Ellie Hall, Ops Associate, Jelix VC