Traditional Know Your Business (KYB) processes often rely on verifying only the legal entity and user identity, which fails to provide a comprehensive risk assessment of the overall business. Manual KYB research is expensive, slow, and can lead to customer churn, while the resulting business knowledge is often stored in unstructured text, making it inaccessible to automated systems. Rising regulation and adversarial threats are pressuring risk and compliance teams to control costs and increase quality.

BlueArc offers an Intelligent KYB solution that automates customer research and risk assessment by building risk-rated profiles based on a wide range of data sources. The system assesses the reliability of each source and extracts key facts about the business using AI, identifying supporting and contradicting information to build a verified story. This enables businesses to onboard reliable customers quickly while effectively identifying and mitigating potential regulatory risks. BlueArc's risk-directed automated chat asks questions about the business and founders, especially for new businesses with minimal online reputation, and verifies online assets, reputation, relationships, and qualifications.

Automated research of customers, evaluating the reliability of each source

Risk-rated customer profiles with scores and evidence for automating risk decisions or augmenting manual review

Chat-based verification that leverages and builds on the customer profile, asking only what is needed

AI-powered risk infrastructure to scale across millions of interrelated entities and sources, each with their own reputation assessment

Risk profiles at multiple levels – scores, written summaries, and granular data – to support decisioning at multiple touchpoints

BlueArc's primary customers are businesses in regulated industries, risk and compliance teams, and those involved in business onboarding or risk management.