AML compliance for wealth management firms
Streamline your wealth management risk policy and reduce the burden of manual compliance to meet regulatory requirements.
How NorthRow helps wealth management firms
Wealth management KYC/B and due diligence
The regulatory scrutiny of wealth managers and private banks is only going to continue to increase. Review processes for identifying source of wealth and funds, and develop risk-based profiles for each client using an intelligent platform that is constantly updated as new regulation is delivered.
KYC for wealth managers
Know your customer identification
Remove repetitive and highly manual processes, across siloed data by introducing workflows to reduce the backlog of traditional KYC periodic review cycles.
KYB for wealth managers
Know your business verification
Efficient KYB onboarding for your corporate customers that screens and identifies financial and shareholder information, as well as UBO details for even the most complex of corporate structures.
Due diligence for wealth managers
Investigate clients for enhanced due diligence
Update client records relating to beneficial ownership of corporate records and understand control structures. Deliver EDD and ongoing monitoring when considering additional high-risk factors more efficiently.
"It is crucial for us not only to be compliant but also to safeguard our clients and the integrity of our brand. With NorthRow’s help, we can not only streamline client onboarding and meet AML regulations, but we know that we have the best due diligence and fraud protection system in the market."
Zain Mirza, Head of Operations
500k+ worldwide users
173 active countries
WorkStation was designed with compliance professionals in mind. We pride ourselves on always putting our users first and ensuring that our software works for compliance teams regardless of the size, volume or complexity of checks required.
As a single platform it delivers all your KYC, KYB and ongoing monitoring in an intuitive end-to-end solution. WorkStation verifies, screens, manages the results, monitors, and provides a record of all transactions for audit purposes.