State Of Compliance Within Financial Institutions
Experience
89%
of users have not had a good KYC experience, 13% change FIs as a result
Source Forbes Technology Council
Cost
$2,598
is the average cost to complete a KYC review for a corporate client
Source The Fintech Times
Change
15.6%
CAGR growth expected in the AML market despite global skill shortage
Source Grand View Research
Qkvin is an end-to-end solution that offers digital identity, onboarding, ongoing monitoring and decisioning for Financial Institutions. It accelerates the onboarding of individuals and companies, empowers ongoing monitoring across the client lifecycle to deliver better customer experience, optimises cost, and strengthens overall regulatory compliance with changing requirements. Qkvin is built on modern technologies, improves operational efficiencies and helps mitigate risks by leveraging automation and AI/ML.
Qkvin is an end-to-end solution that offers digital identity, onboarding, ongoing monitoring and decisioning for Financial Institutions. It accelerates the onboarding of ind
Connecting The Right Dots For Compliance
Challenges in Compliance
Qkvin's Solutions
Duplicated antiquated workflows
Guided workflows optimised for reuse
Manual monitoring
AI/ML driven real-time monitoring
Slower adoption of regulations
Customised policies aligned to your strategy
Complex user registration
Seamless user onboarding
Time consuming risky migrations
Safe, repeatable, automated migrations (powered by TerraAi)
Connecting The Right Dots For Compliance
Challenges in Compliance
Qkvin's Solutions
Challenges Within Compliance
Incorporating modern technologies that utilise AI/ML and automation for data gathering, risk analysis, and insight generation, is crucial for satisfying regulatory compliance requirements in financial institutions.
Challenges Within Compliance
The financial sector is experiencing exponential growth as well as more sophisticated threats.
This has prompted the enactment of reforms and increased regulatory intensity.
Manual workflows and declining talent pool make compliance time consuming and expensive.
Our Solutions
Qkvin's digital identity revolutionises how customers interact with your organisation, while ensuring safety and security. Every customer that Qkvin onboards is assigned a Qkvin ID after successful verification. The Qkvin ID is built with sharing in mind and enables you to leverage client profiles across departments or entities within your organisation. Qkvin empowers you to leverage the Qkvin ID for an efficient identity verification.
Transform client onboarding and efficiently manage client lifecycle events and ongoing compliance with Qkvin. Digitise and automate end-to-end processes, eliminating paperwork and reducing time-to-onboard with Qkvin’s seamless journeys. Optimise data collection with digital forms and API integration, ensuring accuracy and minimising manual effort using enhanced data capture. Enable continuous monitoring that efficiently tracks client changes and updates to KYC/KYB information.
Client Onboarding
Know Your Customer (KYC)
Know Your Business (KYB)
Life Events
Qkvin ensures ongoing client monitoring and regulatory compliance from onboarding throughout the client lifecycle. Automated tracking detects life events, changes in circumstances, and suspicious activity across integrated systems and third-party feeds. Updates to KYC/AML information occur automatically, minimising errors and manual tasks. Case management provides visibility into changes, empowering analysts and leads to assess the impact on risk profiles. Advanced algorithms conduct dynamic risk assessments in real-time, enabling timely interventions.
Transaction Monitoring
Ongoing Screening
Account Management
Staying ahead of evolving regulations can feel daunting; Financial institutions face a constant barrage of compliance obligations, ranging from KYC/AML and transaction monitoring to sanctions screening and adverse media checks. Failing to meet these requirements can result in fines and reputational damage. Qkvin is your trusted partner in navigating this complex landscape. We offer comprehensive tools and features to streamline your compliance journey.
Financial institutions must constantly prioritise stability, requiring cautious use of modern technologies. While migration risks are imminent, the benefits of modernisation are too substantial to ignore, making migrations necessary for every financial institution in a sensitive and regulated environment. However, migrations present a multitude of challenges for organisations, spanning years and consuming valuable time and resources while posing risks of project delays, budget overruns, and operational disruptions.
Our Partner Network
Simplifying Client Lifecycle Management
Evaluating individual and institutional information for seamless onboarding and ongoing risk management necessitates using modern practices and data-driven insights. Provide excellent user experience alongside best-of-breed compliance empowerment solutions at every step of the lifecycle with Qkvin.
Qkvin efficiently automates customer verification processes, risk assessment, decisioning, ongoing monitoring, reporting, dashboards and migration to help you utilise your compliance talent using modern technologies. Qkvin's risk dashboards, configurable checks, and dynamic policies elevate GRO oversight to transform risk posture and strengthen regulatory reporting.
Evaluating individual and institutional information for seamless onboarding and ongoing risk management necessitates using modern practices and data-driven insights. Provide excellent user
Clients can use a white-labelled and API-enabled onboarding experience that helps digitise data capture, providing a better, streamlined onboarding
Personal Details
Company Information
Bank Accounts
Beneficiaries
Related Parties
Tax Information
Verify identities and documents using Artificial intelligence to perform liveness and signature checks
Photo ID verification
Signature
Liveness checks
Perform KYC/KYB checks including Address, enhanced due diligence tailored to your needs through our configurable policies
Beneficiaries
Country
Industry
Address
PEPs, Sanctions and Adverse media
Automated risk profiling and decisioning based on customised rules for your organisation(s) as well as jurisdiction-based rules and regulations
Guided Workflow
Policy Based Assessments
AI/ML Integrations
Perform scheduled and on-demand checks based on risk profile, ongoing transaction monitoring, automated alerts & notifications, account locks and blocks
Adverse Media
Sanctions
PEPs
Transaction Monitoring
Manage ongoing changes to circumstances of individuals and institutions due to life events and/or corporate changes
Name Change
Address Change
Related Parties
Company Changes
Beneficiary/Signatory change
New accounts
Sectors We Operate In
Wealth Management
Qkvin revolutionises onboarding and ongoing monitoring for Wealth Managers by seamlessly integrating regulatory compliance with an unparalleled client experience. Facilitating faster onboarding, identifying beneficial owners within complex structures and reduced costs through automation ensures a competitive edge tailored to each firm's unique needs.
Qkvin revolutionises onboarding and ongoing monitoring for Wealth Managers by seamlessly integrating regulatory compliance with an unparalleled client experience. Facilitating faster onboa
Asset Management
Qkvin redefines efficiency and adaptability amidst manual compliance challenges for asset managers. Our solution offers customisable policies for regulatory alignment to meet a broad range of risk profiles and investment objectives. A streamlined onboarding experience and client-centric dashboards for real-time monitoring ensure a seamless, accelerated client onboarding experience and enhanced operations.
Qkvin redefines efficiency and adaptability amidst manual compliance challenges for asset managers. Our solution offers customisable policies for regulatory alignment to meet a broad range
Banking
The banking sector typically sees large volumes and constant stream of transactions along with high customer expectations. Qkvin automates rigorous checks, ensuring seamless adherence to evolving regulations, complemented by secure document and ID & Verification for authenticity. Real-time monitoring offers insights into transactions and consumer activity, while customisable policies cater to unique compliance needs, empowering banks with efficiency in the face of regulatory challenges and high customer expectations.
The banking sector typically sees large volumes and constant stream of transactions along with high customer expectations. Qkvin automates rigorous checks, ensuring seamless adherence to e
Fund Administration
Fund Administrators are constantly under pressure due to evolving regulations, cost and resource constraints. Qkvin reduces paperwork through a comprehensive digital onboarding process, transforms due diligence challenges, and enables you to review your risk against potential threats. Qkvin's configurable policies and risk engine redefine efficiency, with an API-first design integrations. The use of AI/ML enables fund administrators to enhance efficiency, improve risk management, and empower better regulatory compliance.
Fund Administrators are constantly under pressure due to evolving regulations, cost and resource constraints. Qkvin reduces paperwork through a comprehensive digital onboarding process, tr
Sectors We Operate In
Qkvin revolutionises onboarding and ongoing monitoring for Wealth Managers by seamlessly integrating regulatory compliance with an unparalleled client experience. Facilitating faster onboarding, identifying beneficial owners within complex structures and reduced costs through automation ensures a competitive edge tailored to each firm's unique needs.
Qkvin redefines efficiency and adaptability amidst manual compliance challenges for asset managers. Our solution offers customisable policies for regulatory alignment to meet a broad range of risk profiles and investment objectives. A streamlined onboarding experience and client-centric dashboards for real-time monitoring ensure a seamless, accelerated client onboarding experience and enhanced operations.
The banking sector typically sees large volumes and constant stream of transactions along with high customer expectations. Qkvin automates rigorous checks, ensuring seamless adherence to evolving regulations, complemented by secure document and ID & Verification for authenticity. Real-time monitoring offers insights into transactions and consumer activity, while customisable policies cater to unique compliance needs, empowering banks with efficiency in the face of regulatory challenges and high customer expectations.
Fund Administrators are constantly under pressure due to evolving regulations, cost and resource constraints. Qkvin reduces paperwork through a comprehensive digital onboarding process, transforms due diligence challenges, and enables you to review your risk against potential threats. Qkvin's configurable policies and risk engine redefine efficiency, with an API-first design integrations. The use of AI/ML enables fund administrators to enhance efficiency, improve risk management, and empower better regulatory compliance.
Featured Content
Strengthening AML Financial Crime Controls: A Comprehensive Approach
Source: Qkvin
Empowering Compliance Teams: Guided Workflows to Navigate Talent Crunch
Source: Qkvin
From Manual to Machine: How Automation is Reshaping Ongoing Monitoring
Source: Qkvin
Strengthening AML Financial Crime Controls: A Comprehensive Approach
FCA's warning on common control failings in AML frameworks, and areas of improvement to prevent FinCrime.
Source: Qkvin
Empowering Compliance Teams: Guided Workflows to Navigate Talent Crunch
The need for comprehensive CLM in compliance as the demand for skilled professionals outstrips supply.
Source: Qkvin
From Manual to Machine: How Automation is Reshaping Ongoing Monitoring
Understanding the role of automation in building modern ongoing monitoring processes for compliance.
Source: Qkvin
