Millions of clients are verified faster through 1000s of companies with First AML.
Fuel your lending engine with automated AML.
Let's make it fast, easy, accurate and secure.
End-to-end automation
Remove time-consuming, manual tasks and follow-ups from your credit team. Embedded automations streamlines the requests for documentation, shortening your time-to-lend.
Source's Manifest feature builds out structures of complex entities (eg. companies and trusts) and automatically identifies individuals and entities that need to be verified. Source's Trust Deed Reader reads and extracts key information from trust deeds for you (eg. settlors, appointors), saving you potentially hours.
Enable ongoing customer due diligence (OCDD) with a click of a button to get automatic notifications for re-verifications.
Complex entities
Complex entities won't slow you down. Source integrates with 150+ corporate registries and 180+ countries for individual ID automatically creating your base structure to verify.
Automations, workflows and guided processes take on the heavy work of AML leaving credit teams, relationship managers and other frontline staff to focus on high-value activities.
Customer experience
Give your customer every reason to stay. Keep your brokers and advisors happy. Source supports faster, simpler and more convenient onboarding, while accelerating time-to-lend.
Combine superior customer experience and technology to keep your customers on the hook.
Scalability
Engineered for efficiency, Source allows your firm to scale without excess. This modular approach and laser focus on AML compliance means:
- Better, faster and more reliable compliance with minimal 'white noise'.
- High pass rates during customer onboarding providing more reliable growth rates.
- A better bottom line supported by First AML's tiered pricing model.
- Remove the need for further full time employees through platform efficiencies.
Risk of error
Remove the risks of manual handling and untrained staff. Source provides:
- AML guardrails
- Next step recommendations
- Firm-specific risk assessments
- Consistent processes that align with your programme and risk assessment
Remove the risk and the need for additional headcount or multiple subscriptions.
Profitable portfolio growth.
Save time and cost. Deliver a great experience.
Entity unwrap
Unwrap complex entity and ownership structures with a click.
With a single button press, visualise entities, UBOs, PSCs, and connections, even across multiple jurisdictions. Automatically retrieve and map verified shareholder data into your entity structures. Welcome to a new era of clarity and simplicity in KYB entity analysis.
Elevate your KYC Workflow
Source by First AML redefines KYC with a streamlined, efficient, and customisable approach.
- Integrated data feeds simplify data management
- Customisation options adapt Source to your unique AML processes
- Centralised, timely and relevant information reduces time-to-decision
- Auto alerts and reminders allow management by exception
- Audit trails are auto-built with every action
- Adaptive rule-based verifications trigger relevant due diligence checks based on specific customer risk levels.