Refresh and enrich automatically.
Remediation and KYC backlog
Quickly and easily address AML remediation projects caused by legacy technology or just the shear volume of KYC cases. Source offers a number of key features:
- Flexible workflow and orchestration engine
- Connected risk assessments
- Verification checks
- PEP, sanctions and adverse media checks
- Automated client outreach and communications
- Open API structure
Ongoing Customer Due Diligence (OCDD)
Your client today is likely not the one you onboarded. Our ongoing customer due diligence (OCDD) feature allows users to set and action OCDD re-verification alerts for each case (individual or entity).
And during your standard operating procedure, source of funds and source of wealth can also be automatically requested then logged against the client manifest.
PEPs Sanctions and adverse media
Daily background monitoring automates client screening against more than 1,100 real-time PEPs and Sanctions lists across the globe.
In-built intelligence automatically triages results, dramatically reducing false positives. Then real-time exception-based reports of new inclusions are delivered straight to your inbox for action.
Find out more about PEPs, sanctions and adverse media checks
Comprehensive audit trails
Capture complete record of requirements, sources, actions and approvals. Say goodbye to weak audit trails.
Holistic visibility
Visual indicators give at-a-glance status. No more wondering if your client has responded or provided information.
Audit trail of risk decisions
Equip staff to make risk-aware choices by sharing assessment data, and store it all for future reference.