AML & KYC Compliance Software for Money Service Operators in Hong Kong
Designed specifically for Money Service Operators (MSOs) in Hong Kong to meet the requirements under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Cap.615 of the Laws of Hong Kong) (AMLO) and the “Guideline on Anti-Money Laundering and Counter-Financing of Terrorism (For Money Service Operators)" issued by the Hong Kong Customs and Excise Department.
Tailored for every scenario
CDD Portal
Elevate Your Brand with a Next-Gen CDD Portal
Expedite the collection process and provide a premium user experience. It’s a win-win for both you and your customers. Learn more.
The password to the form expires every 12 hours, ensuring your customer's data is always secure.
Designed by AML/CFT experts and legal professionals to ensure the AMLO documentary requirements and the AML/CFT Guidelines published by the Hong Kong Customs and Excise Department are adhered to.
Easy-to-follow, multilingual instructions guide your customers through the CDD process. This ensures a smooth experience with progress automatically saved for every change, so they can pick up where they left off across multiple devices.
Streamline identification and verification of individuals, companies, partnerships and trusts, including their beneficial owners, and the person purporting to act on behalf of the customer (PPTA).
Allow your customers to instantly sign documents from anywhere, whilst eliminating the time-consuming processes of printing and scanning documents.
Password Protected
The password to the form expires every 12 hours, ensuring your customer's data is always secure.
Compliant with AML requirements
Designed by AML/CFT experts and legal professionals to ensure the AMLO documentary requirements and the AML/CFT Guidelines published by the Hong Kong Customs and Excise Department are adhered to.
Customer-Friendly CDD Form
Easy-to-follow, multilingual instructions guide your customers through the CDD process. This ensures a smooth experience with progress automatically saved for every change, so they can pick up where they left off across multiple devices.
Customer Identification and Verification
Streamline identification and verification of individuals, companies, partnerships and trusts, including their beneficial owners, and the person purporting to act on behalf of the customer (PPTA).
Electronic Signature
Allow your customers to instantly sign documents from anywhere, whilst eliminating the time-consuming processes of printing and scanning documents.
CDD Document Review and Request Workflow
Automated CDD Workflow
Transform your customer due diligence (CDD) process by simplifying document reviews, automating client follow-ups, and eliminating the hassle of drafting emails and messages to request for CDD documents.
KYC Management automatically sends a WhatsApp or Email to your clients to collect outstanding and soon-to-be-expired CDD documents.
CDD documents submitted by your clients are automatically filed to their corresponding profile
Any updates to an entity’s document or information are automatically applied to all its associated entities.
Automated Client Follow-Up
KYC Management automatically sends a WhatsApp or Email to your clients to collect outstanding and soon-to-be-expired CDD documents.
Automatic filings
CDD documents submitted by your clients are automatically filed to their corresponding profile
Automatic updates to associated entities
Any updates to an entity’s document or information are automatically applied to all its associated entities.
Document Management System
Manage all your client communication and documents in one place
Instantly request CDD documents within three clicks. Submitted documents and information are immediately synced to the customer’s profile. Learn more.
All documents and data are encrypted at the storage layer using Advanced Encryption Standard (AES-256) algorithms.
AML/CFT Screening Solution
Minimise Your Risk
Screening solutions for know your customer (KYC), anti-money laundering and counter-financing of terrorism (AML/CFT), and customer due diligence (CDD) compliance.
- Extensive Audit Trail and Reporting.
- Maintain a comprehensive audit trail of all screenings and ongoing monitoring updates.
- Add Notes to the Screening Report.
- Leave important notes and comments to document key steps and observations made during the client due diligence process, ensuring a thorough and transparent audit trail.
- Comprehensive Datasets with Global Coverage.
- Gain instant access to comprehensive, 43,000+ real-time data covering 230+ jurisdictions worldwide. Screen individuals and businesses against sanctions, politically exposed persons (PEPs), financial regulatory, law enforcement, and adverse media datasets.
Assisted Risk Assessment and Risk Scoring
Stay Compliant with Ease
A comprehensive framework for assessing money laundering and terrorist financing risks, tailored for money service operators in Hong Kong.
- Regularly Updated.
- Risk assessment forms are regularly updated to meet the latest AML laws and regulations applicable to money service operators in Hong Kong.
- Assisted Risk Scoring System.
- KYC Management provides recommended risk ratings and the required level of due diligence based on your client’s information, ensuring a robust framework for compliance and precise risk identification.
- Auditable Risk Assessment Reports.
- Detailed risk assessment reports with time stamps are generated and can be used as proof for regulatory inspections.
Automated Daily Ongoing Monitoring
Stay Informed
Minimise your risk exposure and keep your team up-to-date with any new developments of your clients and their associates. Screened Profiles can be added to your Watchlist and monitored on a daily basis. New updates are immediately consolidated on KYC Management and emailed to you, ensuring you always have the most updated information.
- Maintain a Watchlist.
- Screened Profiles are automatically added to your Watchlist after an initial screening and monitored on a daily basis.
- Get Notified Immediately.
- Get instant email alerts whenever updates to monitored profiles are detected across our network of over 43,000 sources.
Automatic Reminders for Expiring CDD Documents
Never Miss a Deadline
- Automatically Generated & Synchronised.
- Reminders for passport, HKID, business registration certificate, and address proof renewals are automatically generated and synchronised with their expiry dates.
- Create and Assign Reminders.
- Track all soon-to-be-expired CDD documents and other regulatory deadlines in a calendar.
- Configure When to Get Notified.
- Configure when and how often you would like to be notified—for example, days or weeks in advance, with recurring reminders so you never miss a deadline.
- Effortless Document Renewal.
- KYC Management doesn’t just remind you when a document is expiring soon. It allows you to request the updated documents from your clients through the CDD portal in a matter of seconds, ensuring timely renewal with minimal effort.
