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FullCircl and ComplyAdvantage Team Up to Deliver Game-Changing AML and KYC Screening

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1 year ago

July 4, 2023

FullCircl and ComplyAdvantage Team Up to Deliver Game-Changing AML and KYC Screening

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FullCircl, the Customer Lifecycle Intelligence (CLI) platform that helps financially regulated businesses do better business, faster, and ComplyAdvantage, the leader in financial crime intelligence, announced a new partnership that will create a best-in-class onboarding and customer lifecycle management solution.

When companies integrate with FullCircl and ComplyAdvantage, they access a suite of advanced PEP, sanctions, adverse media, credit and risk screening tools that provide market-leading compliance and risk capabilities. This highly differentiated approach to anti-money laundering (AML) and risk management streamlines onboarding and monitoring workflows, reduces false positives by 70%, delivers dynamic risk assessment and mitigation, and drives significant efficiency gains across the entire customer lifecycle.

Stuart Boardman, FullCircl’s Director of Channels and Revenue Partnerships said: “This strategic partnership is a game-changing opportunity for financial institutions to maintain competitive edge and stay ahead of potential risks in an increasingly complex and fast-paced regulatory environment. Organisations can protect their business – and customers – from potential exposures and reputational damage with a comprehensive understanding of their risk landscape and the advanced data intelligence to make informed decisions.”

The partnership offers:

Global PEP and Sanctions watchlist screening (OFAC, UN HMT, EU DFAT, and more) updated continuously.
Real-time adverse media updates calibrated to FATF and EU Money Laundering Directive (6MLD) for AML taxonomy alignment with the latest regulatory guidance.
Rich, assured, and dynamic live credit and risk profiles.

Raji Soussou, VP Global Partnership & Alliances for ComplyAdvantage commented: “This is a powerful partnership. FullCircl’s Customer Lifecycle Intelligence platform combined with our rich data and screening tools means financial institutions can confidently identify a broad range of relevant risks efficiently and cost-effectively for faster onboarding, efficient compliance, dynamic risk assessment, and superior customer experiences.”

Related Topics:AML ComplyAdvantage FullCircl KYC

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George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.