Fund & Asset Managers revolutionise your KYC Process

At last a KYC process your customers and compliance team will love

By enabling customers to create a wallet –’ investment passport ’, VerifiMe facilitates seamless and secure data sharing with trusted organisations, revolutionising the way individuals manage their financial relationships while ensuring compliance and security.

Don’t just take our word for it

  • Complex KYC remediation project solution

    “I cannot speak highly enough of the VerifiMe team and the support they provided during our complex remediation project. Their understanding of regulatory compliance, support and the technology provided was exceptional.  Thanks to their expertise, we completed the project on time and within budget and enhanced our compliance processes. Furthermore, we now have an effective solution to achieve customer due diligence requirements, significantly enhancing our compliance processes. I highly recommend their services to anyone needing to complete a customer remediation project.”

    Anthony Hersch CEO, Law Capital

  • Quality of support and assistance in dealing with more complex on-boarding matters

    The VerifiMe team and platform have been instrumental in helping us achieve our AML-CTF objectives and stay up-to-date with wholesale investor compliance. Their robust rules engine ensures we can accurately assess customer risk, providing us with confidence and peace of mind that we are meeting regulatory and internal compliance. I highly recommend VerifiMe for their exceptional support and innovative solutions.

    Renee Hetreles, Finance and Compliance Leftfield Capital Partners

Fund and Asset Managers’ Single-Step Solution For Customer Due Diligence

  • Stop handling and requesting personally identifiable information

  • Monitor AML/CTF and KYC compliance in real-time

  • Assess customers against your rules to produce customer risk outcomes

  • Mitigate risk outcomes and record required customer due diligence

  • Streamline Wholesale Certificate verification

  • Save on processing time and costs

  • Secure your customers data and help them through the KYC process with other service providers

Revolutionising KYC/KYB to achieve your AML/CTF objectives

  • Limit Fraud with biometrics and liveliness

    Significantly reduce the risk of fraud and ensure the safety of your customers. Say goodbye to uncertainty and eliminate the possibility of unauthorised individuals acting on others’ accounts.

  • End to end customer due diligence

    Set your rules through our first-to-market automated rules and risk mitigations engine. Set automated or manual mitigations for assessment and risk quantification. Set up future enhanced due diligence or ongoing due diligence to make KYC a perpetual process.

  • A unique shareable solution

    Upon completing the verification process, customers are able to secure their wallet and easily share their verified credentials when needed. This innovative method empowers customers by giving them control over their personal and organisational data, eliminating the need for constant sharing.

  • Privacy and Security

    VerifiMe has been built and deployed to a global best of breed security standard protecting our clients. Whilst our tokenising of credentials in a shareable wallet eliminates further risk of privacy breaches in terms of sending or exposing personal/organisational information.

Why should Fund and Asset Managers choose VerifiMe?

Benefits to Fund & Asset Managers:

✅ Make the KYC process easier for customers

✅ Easily integrated into existing systems for a smooth transition

✅ Eliminate identity fraud and other security risks

✅ Comprehensive remediation: Combining technology and experience

Benefits to Customers:

✅ A single digital ID wallet to store all legal entity credentials

✅ Upload and verify once, bring an end to the repetition

✅ Retain control over sharing personal data with permissions

✅ Easy to set up and use

Optimise your Firm’s compliance processes in 4 simple steps

  • Computer with graphics

    1. Configure your rules

    We set up your customer console. You can then configure your AML/CTF rules and any other compliance templates for assessments e.g. need to meet the investor face to face or collect a complying sophisticated investor certificate.

  • Identity document with tick

    2. Onboard with ease

    Begin inviting customers, whether they are individuals or complex family trusts, super funds, to use VerifiMe. You can do this directly from the client console or by integrating access to VerifiMe from your website, or embed in a current workflow utilising our APIs.

  • Documents with stamp and tick

    3. Access real-time understanding

    Review customers on boarded in real time, understand assessments triggered and residual risk outcomes that may need to be resolved. Add notes to assess for enhanced due diligence and record interactions for future reporting.

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    4. Achieve ongoing obligations

    Risk assessments may set tasks for ongoing due diligence, or you can request reassessments as required across all customers or a select group, based on identified needs. Customers are reminded to update their documents, benefiting all parties.

Verify with VerifiMe

Our “Verify with VerifiMe” plug-in and software development kit (SDK) can be seamlessly integrated into your existing online KYC or onboarding process. Our experienced team will assist you in combining our APIs to deliver a tailored solution that meets your specific needs.

API integration that empowers you to connect seamlessly and securely to an existing customer experience.

  • API first, modular architecture and a comprehensive API ensure a no-fuss integration

  • Enterprise-ready, scaleable and reliable fit for any use case from simple KYC to complex KYB customer due diligence

  • Return risk-based outcomes of KYC/KYB with access to mitigations and reporting

All your AML/CTF tools in one place

Company

Australian Owned

20 years of AML- CTF services experience

Accredited Government Gateway Services Provider

ISO Accredited

Australian based data services

Verification Tools

Global document verification

Inline document and biometric verification

Secure sharing of verified credentials with biometric face match

Shareable identity wallet adds value in the process

Fraud prevention with face matching and liveness detection AI

Verify proof of assets or source of wealth

Ability to verify complex organisations  and controllers, and beneficiaries

AML Screening – PEP, Sanctions or Adverse Media screening 

Compliance & Audit

Rules engine triggers automated outcomes and assessment needs

Privacy protected through zero-knowledge proof

Full reporting and audit trail

Automated rules and risk mitigations

Fraud prevention with face matching and liveness detection AI

Risk assessment and scoring

Customer consent built into every step of data sharing AML Screening – PEP, Sanctions or Adverse Media screening 

Ready for a solution that takes the friction out of Customer Due Diligence

Get in touch today to see how joining the VerifiMe network can transform your business.

Frequently Asked Questions for Fund and Asset Managers

  • Fund/Asset managers must comply with stringent AML obligations, including:

    • Conducting customer due diligence (CDD) and enhanced due diligence (EDD) on investors.

    • Monitoring fund inflows and outflows for suspicious transactions.

    • Reporting any unusual activities to the relevant authorities.

    • Maintaining detailed records of compliance activities for audits.

    VerifiMe ensures these requirements are met efficiently with its robust AML software for banks and fund managers.

  • VerifMe’s solutions for Fund/Asset managers include:

    • Quick and secure client on-boarding.

    • Risk-based client segmentation and enhanced due diligence for high-risk investors.

    • Seamless integration with fund management platforms.

    • Scalable solutions suitable for both small and large firms.

  • Yes, ongoing transaction monitoring is a critical component of AML/CTF compliance for fund managers. VerifiMe’s software provides real-time monitoring, flagging unusual activities and ensuring adherence to fund management AML regulations.

  • Failure to meet AML and KYC obligations can result in:

    • Hefty financial penalties.

    • Reputation damage and loss of client trust.

    • Potential legal action and suspension of operations.

    VerifiMe helps fund managers avoid these risks with reliable and compliant solutions.