Industry challenges
Strict KYC obligations
Identifying beneficial owners is mandatory under AML/CTF Act but time-consuming.
M&A due diligence
Dozens of documents to verify in very short deadlines.
File preparation
Gathering and verifying all documents for each new matter.
Professional liability
A verification error can engage your professional indemnity.
Documents processed
- —Identity documents (driver licence, passport)
- —ASIC company extracts and ABN registrations
- —Constitutions and shareholder agreements
- —Board minutes and resolutions
- —Beneficial ownership register
- —Contracts and deeds
- —Merger & acquisition documents
Automatic validations
- ✓Identity verification via DVS (Document Verification Service)
- ✓Company information consistency (ASIC Connect, ABN Lookup)
- ✓Ownership chain and beneficial owners
- ✓Validity of powers of attorney and authorities
- ✓Compliance of deeds with company constitution
- ✓Verification of authorised signatories
Measured results
90%
time saved
100%
KYC compliance
0
verification errors