Bord

About Bord

Bord is a web-based platform that automates AML compliance processes for European venture capital and private equity funds, including KYC onboarding, continuous PEP and sanctions screening, and document management. By streamlining these tasks, Bord reduces manual errors and accelerates fund operations, allowing managers to focus on investment activities.

```xml <problem> European venture capital and private equity funds face increasing complexity in Anti-Money Laundering (AML) compliance, requiring extensive manual processes for Know Your Customer (KYC) onboarding, Politically Exposed Persons (PEP) and sanctions screening, and ongoing monitoring. These manual efforts are prone to errors, consume significant time, and divert resources from core investment activities. </problem> <solution> Bord offers a web-based platform designed to automate AML compliance specifically for European venture capital and private equity funds. The platform streamlines the entire compliance lifecycle, from initial KYC/KYB onboarding and media screening to continuous monitoring of Limited Partners (LPs) and portfolio companies. By integrating and automating these tasks, Bord reduces manual workloads, minimizes the risk of errors, and accelerates fund operations, enabling fund managers to focus on investment growth. The system also provides real-time insights and automated reporting to ensure proactive risk management and ongoing compliance. </solution> <features> - Automated KYC/KYB onboarding with integrated ID verification and document upload capabilities - Continuous PEP, sanctions, and adverse media screening of LPs and portfolio companies - Automated risk scoring and escalation workflows based on screening results - Real-time monitoring of LP risk profiles and automated alerts for risk score changes - Secure document management with automated expiry notifications - LP portal for secure document signing, questionnaire completion, and capital drawdown notices - Automated generation of LP, Financial Supervisory Authority (FSA), and other compliance reports </features> <target_audience> The primary target audience includes operations managers and general partners at European venture capital and private equity funds who are responsible for AML compliance and fund administration. </target_audience> ```

What does Bord do?

Bord is a web-based platform that automates AML compliance processes for European venture capital and private equity funds, including KYC onboarding, continuous PEP and sanctions screening, and document management. By streamlining these tasks, Bord reduces manual errors and accelerates fund operations, allowing managers to focus on investment activities.

Where is Bord located?

Bord is based in Estonia.

When was Bord founded?

Bord was founded in 2023.

Who founded Bord?

Bord was founded by Siim Lepisk and Vahur Meus.

  • Siim Lepisk - Co-Founder/CEO
  • Vahur Meus - Co-Founder/CTO
Location
Estonia
Founded
2023
Employees
3 employees
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Bord

Score: 20/100
AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

Bord is a web-based platform that automates AML compliance processes for European venture capital and private equity funds, including KYC onboarding, continuous PEP and sanctions screening, and document management. By streamlining these tasks, Bord reduces manual errors and accelerates fund operations, allowing managers to focus on investment activities.

bord.eu10+
Founded 2023 – Estonia

Funding

No funding information available. Click "Fetch funding" to run a targeted funding scan.

Team (<5)

Siim Lepisk

Co-Founder/CEO

Vahur Meus

Co-Founder/CTO

Company Description

Problem

European venture capital and private equity funds face increasing complexity in Anti-Money Laundering (AML) compliance, requiring extensive manual processes for Know Your Customer (KYC) onboarding, Politically Exposed Persons (PEP) and sanctions screening, and ongoing monitoring. These manual efforts are prone to errors, consume significant time, and divert resources from core investment activities.

Solution

Bord offers a web-based platform designed to automate AML compliance specifically for European venture capital and private equity funds. The platform streamlines the entire compliance lifecycle, from initial KYC/KYB onboarding and media screening to continuous monitoring of Limited Partners (LPs) and portfolio companies. By integrating and automating these tasks, Bord reduces manual workloads, minimizes the risk of errors, and accelerates fund operations, enabling fund managers to focus on investment growth. The system also provides real-time insights and automated reporting to ensure proactive risk management and ongoing compliance.

Features

Automated KYC/KYB onboarding with integrated ID verification and document upload capabilities

Continuous PEP, sanctions, and adverse media screening of LPs and portfolio companies

Automated risk scoring and escalation workflows based on screening results

Real-time monitoring of LP risk profiles and automated alerts for risk score changes

Secure document management with automated expiry notifications

LP portal for secure document signing, questionnaire completion, and capital drawdown notices

Automated generation of LP, Financial Supervisory Authority (FSA), and other compliance reports

Target Audience

The primary target audience includes operations managers and general partners at European venture capital and private equity funds who are responsible for AML compliance and fund administration.