The startup offers an online financial platform that provides automated wealth management services for retail, professional, and institutional investors. Its technology streamlines client onboarding and investment management processes, enhancing operational efficiency and enabling users to customize their wealth management strategies.
Funding
$26.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Financial institutions face challenges in streamlining client onboarding, ensuring regulatory compliance, and managing client data efficiently. Traditional manual processes are often time-consuming, prone to errors, and increase operational costs. Furthermore, clients expect a seamless and modern digital experience.
Solution
Tiller Technologies provides a suite of modular services designed to streamline digital client onboarding and wealth management processes. The platform offers solutions for identity verification, address verification, PEP and sanctions screening, bank account verification, and ongoing data monitoring. Tiller's solutions automate AML and KYC processes, reducing paperwork and enabling remote client self-service. The platform also includes a client portal for real-time access to account information and reporting, as well as tools for product selection, suitability assessment, and portfolio management.
Target Audience
Tiller Technologies primarily serves regulated and supervised businesses in the financial services industry, including banks, wealth managers, financial advisors, and trust and fiduciary companies.
Features
- Digital client onboarding with automated AML and KYC processes
- Real-time identity verification with biometric photo ID-matching against live camera capture
- International address verification covering 53 countries
- PEP and sanctions screening against government sources and international watchlists
- Bank account verification to confirm account number, sort code, and ownership
- Ongoing data monitoring to ensure client data is up-to-date
- Client portal for accessing portfolio information and on-demand reporting
- Product selection and suitability assessment tools
- Portfolio monitoring, rebalancing, and optimization
- API-integrated installations