Experience peace of mind with Smartcentasolutions's managed KYC and CDD services, ensuring seamless compliance with AML regulations while cutting costs.
DNFBPs and FIs across the UK and Europe face hurdles in hiring skilled AML professionals for KYC and Customer Due Diligence (CDD) processes. Internal inefficiencies further hinder compliance efforts, posing financial and reputational risks to your organisation.
Managed KYC and Customer Due Diligence Services
01
Lower the cost of AML compliance and deliver an improved customer onboarding experience with Smartcentasolutions.
02
Identify potential risks associated with a customer well in advance with Smartcentasolutions.
03
Free up resources to focus more on the critical business functions with Smartcentasolutions.
04
Stay compliant all the time with ever-changing AML compliance laws and regulations and reduce the overall risk associated with the business with Smartcentasolutions.
KYC and CDD Managed Service Methodology
Delivery of Customer Onboarding Package
Gathering Data on a Secure and Shared Cloud Repository
AML Experts Process Your Data
Client Communication Regarding Data Deficiencies
Name Screening, Customer Due Diligence, Enhanced Due Diligence
Risk Assessment
Data Review by Quality Control Team
Taking Action (SAR/STR/FFR/PNMR/Client Decline)
Completing Onboarding for All Client Types (Corporate and Non-corporate)
KYC and CDD Managed Service Methodology
Customer Identification Programme (CIP)
Customer Due Diligence (CDD)
Ultimate Beneficial Owner Identification
Enhanced Due Diligence (EDD)
Risk Assessment and Customer Risk Rating (CRR)
Sanctions Screening (UAE Local Terrorist List, UNSC, OFAC, EU, etc.)
Politically Exposed Person Screening
KYC Remediation and Renewals
Adverse Media Screening
Alert Investigations
Customisable Due Diligence Reports
Data Auditing, Cleansing, and Validation
Smartcentasolutions - Standout Features:
01
Process Efficiency: We employ internationally recognised KYC and CDD procedures to bolster compliance and efficiency while mitigating non-compliance risks.
02
Enhanced Customer Experience: Our streamlined approach ensures a consistent and improved customer journey during onboarding, leveraging automation for swift and hassle-free processes.
03
Expertise: With extensive experience, we excel in delivering managed KYC and CDD Services for DPMS, TCSP, Accountants, Auditors, Real Estate Agents, Lawyers, and Notaries.
04
Knowledge Base: Smartcentasolutions boasts premium expertise in KYC, Screening, Standard and Enhanced Due Diligence, Risk Assessment, PEPs, UBO, Adverse Media Screening, Sanctions, and overall AML Compliance requirements.
05
Superior Service Quality: Our unwavering commitment is to provide top-notch service quality with significant cost savings.
06
Cutting-edge Screening Software: We utilise state-of-the-art Name Screening Software to cross-reference against the UAE local terrorist list, UNSC list, and other sanctions lists based on customer requirements.
07
Operational Risk Mitigation: We adopt a standardised work methodology to effectively manage and exchange KYC and CDD information, minimising operational risks.