smartKYC Partners with Kompany to Provide Live Access to Real-time Global Register Network

  • Compliance , AML and KYC
  • 14.07.2021 10:47 am

smartKYC, the world’s most advanced enterprise solution for KYC due diligence automation, has announced a strategic, data partnership with kompany, the global RegTech platform for business verification and Business KYC (KYB) for AML compliance.

Clients of smartKYC and kompany will be able to seamlessly access original company information and documents, from relevant trade and commercial registers instantly via kompany’s global register network.

smartKYC’s partnership with kompany reflects its commitment to harmonise and extract intelligence from all KYC sources required by its clients - open web, media archives, watchlists, shareholder data, legal judgements, internal blacklists and much more. And now with live access to kompany’s global network, clients can now verify company details at their source and access original documentation.

Dermot Corrigan, CEO of smartKYC commented on the partnership: “We see an increasing demand from clients to validate company data at source. So in automating API access to original registry records, via our partnership with kompany, we are providing an additional layer of KYC security.”

smartKYC’s technology is used by international financial institutions and corporates to enable them to drive faster, better and more cost-effective KYC at every stage of the relationship - liberating human effort to focus on decision-making rather than laborious research. smartKYC fuses artificial intelligence with linguistic and cultural sensitivity and deep domain knowledge to set new standards for KYC quality, whilst transforming productivity and hardwiring compliance performance.

“kompany’s ability to rapidly identify and verify businesses and the individuals who own and control them dovetails perfectly with smartKYC’s world-leading automation of client due diligence and the screening of those businesses and individuals. We look forward to kompany’s real-time audit-proof KYB services reaching more clients around the world via the smartKYC platform. This partnership represents exciting times ahead for both kompany and smartKYC.” commented Russell E. Perry, CEO and Founder of kompany

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