UBO Verify Coming Soon
Reveal complex corporate structures and verify Beneficial Owners at a click of a button.
UBO Verify enables KYC Specialists to easily identify UBOs and the ownership structure of a given entity at a click of a button.
By utilising Kyckr’s unique, proprietary registry network, shareholder information is extracted in real-time from the respective corporate registry; returning accurate, current and legally authoritative information at every search.
Replace the lengthy process of researching / analysing complex corporate structures & meet your AML obligations with UBO Verify!
Reap the benefits of UBO Verify
Reduce time spent on identifying complex ownership structures
Identifying UBOs is an onerous, manual task which requires significant human capital. It can take KYC analysts up to 8 hours or more to uncover the details of every UBO of a complicated ownership structure. As an analyst is likely to be working with multiple cases at once, the real delay to customers caused by this process can often be 1-2 weeks.
UBO Verify reduces UBO investigation time by days and remove much of the manual work which is currently required to source UBO information.
UBO Verify reduces UBO investigation time by days and remove much of the manual work which is currently required to source UBO information.
Reduce OperationalCost
Discovering UBOs is a costly and time-consuming process that eats up valuable hours of KYC Specialists’ time and therefore represents significant cost for regulated firms.UBO Verify reduces time and cost associated with researching and analysing complex corporate structures and enables KYC Specialists to focus on revenue generating tasks without compromising on compliance.
Meet Your Regulatory
Obligations
Recent regulations have strengthened the requirements around the need for obtaining and keeping accurate information on customers’ UBO(s). Sourcing this data – and reporting any discrepancies – has proved to be a challenge, not least because of the delay in the EU countries themselves creating UBO registries in line with the rules. UBO Verify enables KYC specialists to easily identify UBOs, while ensuring compliance with AML regulations by returning legally authoritative registry information in real-time at every search.