Calm the complex. Specialist KYC for private credit and debt funds.
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
Transaction visibility
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.
Ensure your teams have full visibility of the clients you are working with, and the complex structures of beneficial ownership sitting behind them.
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.
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.
KYB Inspect
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.
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.
Automated communications empower customers to securely submit evidence while centralised document requests, secure data storage and decision notes auto-build a comprehensive audit trail.
UBO exposure
Unwrap complex, international structures that hide UBOs, without compromising service or speed to revenue.
First AML supports the identification of UBOs through a unique combination of:
- Entity structure visualisations
- Current and relevant international data sources
- Optimised AML workflows and waterfall triggers
- AI-driven biometric EIV
"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