Atfinity: Software for KYC/KYB/AML and client onboardings

We are very happy to say that Atfinity's innovative solution for onboarding has been recognised at the WealthBriefing European Awards 2024. Atfinity won in  the category "Onboarding", recognised as the best onboarding system for the European wealth management market. Our platform has been singled out by the judging panel for its revolutionary approach to process automation. Led by our AI-based rule engine and our rich suite of features, Atfinity facilitates and speeds up #onboarding processes for all of its users. We are honoured to win this prestigious award, and look forward to bringing our solution to more organisations in need of #automation. Learn more about Atfinity's recent win in our blog: https://lnkd.in/dgqD9CAQ

What clients frequently mention about Atfinity is how much we facilitate their daily work. There are a few reasons why our platform is so loved by users. I talked about this in depth in the video below. Learn more about how Atfinity: Software for KYC/KYB/AML and client onboardings enhances our clients’ daily operations with automation:

Why is Customer #DueDiligence (CDD) an essential set of processes that organisations should conduct? Aside from allowing banks to avoid taking on potential huge risks, CDD is also crucial for following Anti-Money Laundering (#AML) and Combating the Financing of Terrorism (#CFT) regulations. In other words, properly implementing CDD processes is also a requirement for staying compliant in most jurisdictions. In our recent blog, we discussed how Customer Due Diligence is performed and why it’s essential in the finance world. Read more at the link below: https://lnkd.in/dM4-t6dE

Finally, the big day is here! Atfinity 14 is officially released 🚀 The main star of our new version is the brand-new #design. Everything is a bit clearer, with nicer typography, and overall a much nicer visual feel. We now also have two #navigation bars, and the interface is more intuitive, giving Atfinity’s users a better overview of the case they’re working on. With a cleaned up design, nicer padding, nicer margins, and the changed font size, everything is now much more fitting. Also, the colours are more pleasant to the eye, which is essential since our clients use the platform extensively. They should enjoy every second while #configuring and navigating Atfinity, and we’ve tried to make it as enjoyable as possible. But we will continue improving it, of course 😉 So as you can see, we’ve polished up the platform visually, focusing more on the #userexperience.  Let us know what you think – feedback is greatly appreciated 🙂 P.S. You can learn more about the Version 14 upgrades in our release notes: https://lnkd.in/ehUNdGY9

How can banks and #financial institutions save a ton of time that’s lost on manual tasks and reduce the risk of human error? One of the best ways is to automate their processes. This will enable them to: 🔹 Streamline operations 🔹 Enhance accuracy 🔹 Improve efficiency Automation can handle repetitive tasks like data entry and #compliance checks swiftly and accurately. In turn, this will free up employees’ time to do higher-value activities. Additionally, automation significantly reduces the risk of human error, which helps ensure consistency in operations. And not only does it save time and reduce risk, but it also enhances #customersatisfaction via faster, more reliable services.

If you want to automate your #onboarding processes and ensure regulatory #compliance, what should your chosen solution have? Here are 5 essential aspects you should look for: 🔹 Ease of use It should be intuitive and easy to navigate, allowing users to create, modify, and manage their processes without extensive training or technical expertise. 🔹 Flexibility and customisation It should easily embrace users’ changing business needs and specific requirements, allowing fast and effective adaptation. 🔹 Compatibility and #integration It should be compatible with a wide range of third-party providers, enabling simple and swift integration with existing systems. 🔹 Reliability and scalability It should always perform steadily, without unexpected errors or downtime, and accommodate increasing workloads without sacrificing productivity. 🔹 Security It should protect all data and prevent any unauthorised access or breaches; confidentiality of data must be ensured. Atfinity: Software for KYC/KYB/AML and client onboardings excels at all of the aforementioned. We’ve gone to great lengths to create a solution that our users will love, and now we have a sought-after automation platform. Get in touch if you’d like to see how Atfinity can enhance your onboardings!

Did you know❓In addition to other logging options, Atfinity logs #security-relevant actions in a special way, to facilitate detecting suspicious activity. Security #logging happens via the default logging mechanism. Learn more here: https://lnkd.in/dsWpShVw

What sets Atfinity apart is that we do much more than simple #KYC checks. Our feature-rich platform automates and orchestrates vital processes, facilitating #business for our clients and enabling them to focus on achieving their goals!

If you decide to use Atfinity’s platform, you won’t be left to figure it out yourself. Actually, we can provide training to your employees, teaching them how to effortlessly use the platform. This is, of course, only optional. But if you’re even remotely unsure whether you could easily manage your way through it, Atfinity provides detailed training. And in just a few hours, your staff can navigate through the platform with ease! Recently, I was at BBVA in Switzerland with Tijana Živić, holding a workshop for their staff and, among other things, doing a bit of training for using Atfinity: Software for KYC/KYB/AML and client onboardings. Also, we talked with BBVA extensively about what the new version of our software brings and how to move forward.

Why is determining the ownership structure of any new or existing client an essential part of customer #DueDiligence? Because it helps banks and other financial institutions mitigate risk, stay compliant with AML / CFT regulations, and prevent financial crimes. In our latest blog, we wrote about the importance of identifying beneficial owners, how this process is executed across different client types, and we clarified common pitfalls when determining ownership structures. Read more here: https://lnkd.in/dMNxD2wD