FullCircl, a company known for aligning regulation with customer acquisition to boost efficiency, has launched a new product, the SmartOnboard platform.
This innovative onboarding solution is designed specifically for corporate entities, integrating risk and compliance checks for companies and their directors into a single, streamlined process.
The need for the new product arose from the growing demand for more efficient regulatory compliance processes in corporate settings. Companies today face increasing complexities in managing compliance and risk, especially when onboarding new clients or partners. FullCircl’s SmartOnboard addresses these challenges by offering end-to-end screening and onboarding automation, significantly speeding up these necessary but often time-consuming processes.
FullCircl specializes in providing SaaS solutions that simplify regulatory compliance and customer onboarding. Their products are tailored to regulated businesses, enhancing the efficiency of customer acquisition and lifecycle management. The introduction of SmartOnboard extends these capabilities, focusing on automating and integrating various compliance checks into one cohesive platform.
The SmartOnboard platform is a comprehensive compliance and risk management tool. It facilitates accelerated customer screening and verification, incorporating Know Your Business (KYB), Politically Exposed Persons (PEPs) checks, sanctions, adverse media screenings, KYC, email risk checks, and document verification. This all-in-one platform ensures a frictionless onboarding experience for corporate clients, guiding users intuitively through each step of the process.
SmartOnboard delivers enhanced compliance data for UK registered companies with pinpoint accuracy, thanks to its access to the largest range of data sources available. The platform seamlessly progresses through individual identification screenings and email risk checks, culminating in automating client outreach via a white-labelled interface, which optimizes onboarding efficiency.
This latest iteration of FullCircl’s SmartOnboard platform indicates the company’s commitment to continuous improvement and innovation. Plans are already underway to expand the platform’s capabilities to include full international coverage, enhanced customization tools, and additional data integrations, promising an even broader application scope in the future.
Speaking about the launch, Immy Tugcu, VP of Product at FullCircl, highlighted the strategic vision behind the product. “When we acquired W2 Global Data in 2023, we promised to transform the customer journey from acquisition, to onboarding and in-life monitoring – we are therefore delighted to bring this new SmartOnboard solution to market.
“By seamlessly integrating screening and identity verification in one end-to-end journey, our customers can remain on top of regulatory compliance requirements, eliminate manual due diligence processes, and deliver superior customer experiences.”
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