FullCircl and ComplyAdvantage Team Up to Deliver Game-Changing AML and KYC Screening

FullCircl and ComplyAdvantage Team Up to Deliver Game-Changing AML and KYC Screening

London, UK, 3^rd July 2023: FullCircl, the Customer Lifecycle Intelligence (CLI) platform that helps financially regulated businesses do better business, faster, and ComplyAdvantage, the leader in financial crime intelligence, today announced a new partnership that will create a best-in-class onboarding and customer lifecycle management solution.  

When companies integrate with FullCircl and ComplyAdvantage, they access a suite of advanced PEP, sanctions, adverse media, credit and risk screening tools that provide market-leading compliance and risk capabilities. This highly differentiated approach to anti-money laundering (AML) and risk management streamlines onboarding and monitoring workflows, reduces false positives by 70%, delivers dynamic risk assessment and mitigation, and drives significant efficiency gains across the entire customer lifecycle.

Stuart Boardman, FullCircl’s Director of Channels and Revenue Partnerships said:  “This strategic partnership is a game-changing opportunity for financial institutions to maintain competitive edge and stay ahead of potential risks in an increasingly complex and fast-paced regulatory environment.  Organisations can protect their business – and customers – from potential exposures and reputational damage with a comprehensive understanding of their risk landscape and the advanced data intelligence to make informed decisions.”

The partnership offers:

• Global PEP and Sanctions watchlist screening (OFAC, UN HMT, EU DFAT, and more) updated continuously.
• Real-time adverse media updates calibrated to FATF and EU Money Laundering Directive (6MLD) for AML taxonomy alignment with the latest regulatory guidance.
• Rich, assured, and dynamic live credit and risk profiles.

Raji Soussou, VP Global Partnership & Alliances for ComplyAdvantage commented: “This is a powerful partnership. FullCircl’s Customer Lifecycle Intelligence platform combined with our rich data and screening tools means financial institutions can confidently identify a broad range of relevant risks efficiently and cost-effectively for faster onboarding, efficient compliance, dynamic risk assessment, and superior customer experiences.”