We've designed three onboarding models — Verify, Reliance, and Outsourced — to fit different business needs. Each model offers a different level of control, responsibility, and tooling for customer onboarding and ongoing financial crime compliance.
In outsourcing we do not complete third party checks on the data sent to our system, this is done by you. We are validating that required data exists and that the customer is not out of appetite for industry, jurisdiction or risk profile purposes.
This section applies to both Verify, Reliance and Outsourced onboarding.
Overview
A workflow is used to complete a verification on a legal person. It specifies the data (or claims) required about a legal person and the type of assessment that is done on the legal person.