How does KYC Portal work?

KYC Portal has quickly become a leader in the client onboarding market. This is how it works.

When Kristoff Zammit Ciantar launched Aqubix, the IT consultancy and experienced solution provider, in 2008, he would embark upon a path that would find himself, years later, at the front lines of the  development of the know your customer (KYC) market.

The long journey to get there took him from being an IT consultant to become the entrepreneur behind several tech-powered compliance solutions. Today, the KYC Portal is run both Aqubix and by Finopz, which is headquartered in London. The company has provided financial institutions, banks, law firms and other industries since 2016. Since then, KYC Portal has reaped numerous successes, including being integrated with the data provisioning services of Acuris Risk Intelligence and partnering with ComplyAdvantage.

But how does KYC Portal work?

In a recent video it explains that the solution centralises and simplifies the due diligence process on onboarding both individual and corporate clients which helps companies reduce costs and slash down the time needed to meet their compliance commitments.

It achieves this by automating a lot of process that was traditionally done manually. The platform also empowers users to decide how much they want to automate the process. The compliance teams are free to configure the system at any point in time, enabling companies to meet their compliance obligations quickly and flexibly.

You can learn more by watching the video below.

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