SCOPE compliance management portal
As an AML gatekeeper, you must create and verifiably implement risk policies. To create and implement these policies, you need tools and manpower. Without the right tools, the gatekeeper function is a labor-intensive and frustrating process, especially for employees.
The alternative, no risk policy, is even worse namely doing business with risky customers and risking a fine from the financial authority with the associated reputational damage.
With our knowledge and data partners, we have developed the right tools for KYC departments to make your risk assessment process faster, more efficient, and more interesting for employees. The benefits of using the SCOPE Compliance Management Portal are limited risk exposure, an efficient cost-effective process, and employees, who engage with real risk customers.
– Check ownership and management structure
– Control of intermediate shareholders
– Based on risk assessment
– Customer completes questionnaire
– Upload documentation
– ID verification
– Liveness check
– Facial match
– Sanctions
– Negative media
– Regulatory enforcement
– State-owned enterprise
– Insolvency
– Reputation risk
– PEP & Sanctions
– Negative media
– Offshore leaks
– Disqualified director
– Insolvency
– Financial regulators
– Law enforcement agencies
– Flexible parameters
– Geographical risk
– Automatic risk conclusion
– Daily AML monitoring
– Automatic renewal
– Notifications
– Monitoring overview
Periodic and event-driven assessment
How does it work?
After creating the risk policy, translating it into an algorithm and gathering the necessary data, client research can begin. This can be done largely without human intervention.
A digitally certified risk report of each client is produced for your records, and clients requiring further investigation (medium or high risk) are taken to be reviewed by your staff. In this way, you have a decision based on your risk policy about who you do business with.
You operate AML-compliant and perform the gatekeeper function in the best possible way. You do business safely and minimize risk. You avoid potential reputation and image damage and contribute to making the world a better place.
The benefits of deploying the SCOPE Compliance Management Portal (CMP). The SCOPE CMP:
- Makes the implementation of the CDD process faster, saves time and money, and prevents errors.
- Improves the quality of risk assessment through clarity and uniformity.
- Makes the work of CDD analysts more interesting through focused efforts on risk classifications.
- Is developed to market needs and legislative requirements; flexible in design and quickly productive in a secure Microsoft Azure Cloud environment.
The risk assessment algorithm
The foundation of the SCOPE CMP is the definition and application of a risk assessment algorithm designed by your company. The risk assessment algorithm is the digital translation of your company's risk assessment policy. Setting up your risk assessment algorithm is part of the SCOPE CMP implementation.
The risk assessment policy determines which customer information is necessary for a risk assessment. Furthermore, the customer information and risk assessment is completed by performing a number of standard background checks.
Efficiency comes from the automation of the CDD process and the ability to quickly batch process large numbers of client files.
SCOPE FinTech Solutions likes to enter into partnerships. This for example with KYC/CDD service providers who want technological support to be part of their proposition.
Our pricing model is focused on collaboration and offers the opportunity to purchase services and underlying data inexpensively from SCOPE FinTech Solutions. We are happy to engage with you to explore the possibilities! The benefits are:
- For CDD service providers: serving all your customers securely from one platform
- Speed and efficiency through batch processing
- Reports as an insurance policy
Bluemonks offers digital solutions that help real estate agents increase their online visibility and strengthen their brand. With powerful tools for website management, lead generation, and content creation, Bluemonks supports real estate agents in attracting new customers and improving their digital strategy.
Bouwinvest
Bouwinvest manages real estate portfolios with a focus on sustainable value creation for institutional investors. With in-depth market knowledge and a long-term vision, Bouwinvest invests in future-proof residential, office, and healthcare real estate, combining social impact with returns.
Delta Capita
Delta Capita offers innovative consulting and technology solutions for the financial sector. With expertise in digital transformation, risk management, and operational efficiency, Delta Capita helps banks and insurers modernize their processes and comply with changing regulations.
Ostrica
Ostrica offers active asset management with a data-driven investment strategy for private and institutional investors. Using its own analysis tools and risk management solutions, Ostrica strives for stable returns and transparency at every stage of the investment process.
Vesteda
Vesteda invests in sustainable and affordable rental homes for middle-income households in the Netherlands. With a focus on quality of life, long-term value, and socially responsible investing, Vesteda manages a broad residential portfolio in urban areas with strong growth potential.
MVGM
MVGM is a real estate manager in the Netherlands, specializing in the professional management of residential properties, offices, and commercial real estate. With a strong focus on quality, transparency, and customer focus, MVGM offers customized solutions for institutional investors and private owners.
Do you also want to integrate CDD checks into your software?
Contact us and we will be happy to discuss the possibilities!
HODL is a Dutch investment company that focuses on digital assets such as cryptocurrency and blockchain projects. They help both private and professional investors to invest safely and transparently through regulated funds and innovative strategies.
Do you also want to integrate CDD checks into your software?
Contact us and we will be happy to discuss the possibilities!
Read previous experiences of our clients and partners here.
