AML/KYC management for SME’s
(As from €60/month*)
Chartered Accountants, Law Firms, Asset Managers, Real Estate Agents, Insurance Brokers, Notaries,… and all other legal/financial activities subject to the European Anti-Money Laundering Directives
We check the status of your contacts in paid and free databases to find out if they are politically exposed (PEP), sanctioned in international or national lists (e. g. American OFAC list or national assets freeze list), or finally if they are close to one of these people (RCA).
Continuous & automatic vigilance
Vigilance, one of the key points of AML obligations, is automated and carried out regularly to inform you if a customer’s status deteriorates at any time.
AML risk assessement
We calculate the degree of money laundering risk in the business relationship by taking into account:
– the recommendations of the 4th European Anti-Money Laundering Directive
– the status of your contacts in our databases (Screening)
– the data collected on your contact
– and your relationship with him.
Permanent audit of your KYC
Ongoing verification of the proper collection of information about your customer, based on your own information collection policy.
Verification of the authenticity of identity documents
We verify the authenticity of identity documents (passports, identity cards and residence permits) using state-of-the-art technology.
Verification of the client’s identity
Verification of the identity of the client/prospect thanks to an analysis of the portrait on the identity document and a selfie.
Automatic document production – Reporting
The application allows you to create a multitude of documents necessary for the management of your obligations, such as the declaration of beneficial owner.
Extraction of data from identity documents (OCR)
When scanning the identity document, the holder’s information is extracted and placed in the corresponding fields.
We take the security of your data very seriously
We host our data with a Luxembourg service provider accredited by PSF (One of the most secure in the world and regulated by the Financial Services Supervisory Authority – CSSF).
A method by which a user accesses a computer resource after presenting two separate proofs of identity.
It is one of the most advanced forms of encryption for an exceptionally high level of security. AES-256 encryption is approved by the NSA for top secret information.
An https connection is secure and ensures that the data that flows between your computer and Ibakus is encrypted.
Pricing (Anti-money laundering management & KYC)
For SMEs, we offer a range of subscriptions that evolves with the number of records. The master records are the natural persons and legal entities in the application. Subscriptions are monthly, quarterly or annual. You can switch from one to the other at any time.
For FinTechs, we have a pay-as-you-go formula for initial checks, with an optional subscription for vigilance.
How can Ibakus be used ?
You create your account on Ibakus and encode your customers’ information yourself (or import it with a csv/json file) Ibakus will manage your anti-money laundering & KYC obligations in real time.
Integration to business softwares
Do you use CRM or business software? Ibakus can (with the help of the editor) synchronize the data to avoid double encoding for the management of your anti-money laundering & KYC obligations
Are you a FinTech customer and need to perform a series of checks when creating your customer’s account online? You can use the Ibakus API to manage their AML/KYC procedures.