Chief Technology Officer
V
Validient
Validient offers an automated client onboarding platform that utilizes biometric verification and trusted data to ensure compliance with AML, KYC, and KYB regulations for law firms and regulated businesses. The system streamlines the onboarding process, enabling organizations to efficiently manage risk assessments and maintain comprehensive documentation of due diligence activities.
- Artificial Intelligence
- Cybersecurity
- Enterprise Software
- Financial Technology
- Software Only
Updated 7 months ago
Funding
Raised to date
$990KRaised 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.
Funding rounds are not available yet.
Founders
Product
Problem
Law firms, financial institutions, and commercial businesses face increasing complexity in complying with Anti-Money Laundering (AML), Know Your Customer (KYC), and Know Your Business (KYB) regulations. Traditional client onboarding processes are often slow, manual, and prone to errors, leading to compliance risks and operational inefficiencies. Identifying beneficial ownership and navigating complex organizational structures further complicates due diligence efforts.
Solution
Validient offers an automated client onboarding platform that streamlines compliance with AML, KYC, and KYB regulations. The platform uses biometric verification, trusted data sources, and customizable risk assessment templates to accelerate client onboarding while ensuring regulatory adherence. Validient provides tools for identity verification, beneficial ownership identification, proof of funds verification through open banking, and ongoing monitoring of client data. The centralized platform securely records all due diligence activities, providing a comprehensive audit trail and enhancing risk management.
Target Audience
Validient primarily serves law firms, financial services companies, and commercial businesses that are subject to AML, KYC, and KYB regulations and require efficient, automated client onboarding solutions.
Features
- Automated identity verification using advanced biometrics and facial matching
- Interactive company structure visualization for identifying beneficial owners
- Open banking integration for accessing client bank statements and verifying source of funds
- Customizable risk assessment generator for standardizing client and matter risk assessments
- Ongoing monitoring alerts for company changes based on specified parameters
- Secure client portal with bespoke branding options
- Reporting tools for flagging suspicious clients and activities
- Comprehensive compliance dashboard for managing reported clients, PEPs, and monitoring alerts
- No app download required for clients