Could your client onboarding process be more efficient?
Many law firms, accountancy firms and financial corporations are still conducting client due diligence (CDD) via lengthy Word, PDF and Excel forms. Entries are then stored in spreadsheets, making it difficult to keep track of risk assessments conducted and information collected from clients and ensure any red flags are either resolved or escalated.
VinciWorks’ AML client onboarding solution gives firms peace of mind that all necessary information has been recorded and that the firm has a strong defence in case of a breach. It can be used to streamline both the risk assessment and document collection aspects of client onboarding.