InstantWatch KYC Screening

KYC - Screen customers against Sanctions, Ofac, PEP lists and adverse media.

KYC Screening

InstantWatch KYC Screening is a complete solution for companies of all sizes who wish to fulfil the requirements of the latest AMLD and know their customer.

Join hundreds of like-minded people and “Know Your Customer” instantly with Trapets’ KYC screening tool – available directly within your browser or via API.

 

Documentation

InstantWatch KYC summary Available lists AMLD e-book

“Identify and verify genuine clients within seconds with InstantWatch KYC Screening”

How do I get started?

Don’t just take our word for it, see for yourself just how easy and effective the platform is.

Request A DEMo

FAQ

Do I need to conduct KYC?

Know Your Customer (KYC), is an important part of the EU’s AMLD. Regulated companies must screen their clients against EU/UN sanctions lists, identify if a client is a Politically Exposed Person (PEP), or a Relative or Close Associate (RCA). Failure to comply can result in crippling fines, a loss of reputation, and reduced profits.

Talk to one of our experts today for more information about how our platform can solve your requirements.

 

When should I screen customers?

New clients should be screened during the client onboarding process. All clients should be screened on an ongoing basis. Fortunately, this process can be automated within our platform, saving you hours each day.

 

Which PEP lists can I screen against?

Read more about Trapets’ PEP lists.

 

What about Enhanced Due Diligence (EDD)?

If a customer is identified as a politically exposed person (PEP) or a relative and close associate (RSA) an enhanced due diligence assessment will need to take place, this can be automated within our platform by adding our CDD module.

 

How secure is the data?

The InstantWatch platform and associated data are fully compliant with ISO/IEC 27001.

 

What comes next?

Screening your clients against various forms of sanctions, PEP, adverse media and related lists is a strong first step in becoming compliant with the EU’s AMLD. The next step is to automatically monitor customer transactions using a risk-based approach. This is easily done via InstantWatch AML.

 

InstantWatch KYC Screening – Easily accessible

The fastest way to get started is to log in to the platform within your browser. You can also integrate your systems via our API for automatic batch screening.

Need more information?

Book a 1-1 tailored experience that suits your business needs.

Request A DEMo