Elian has taken another step towards reducing the administrative burden of client due diligence (CDD) with the launch of a comprehensive collection, processing and client due diligence storage solution.
ClientCheck has been developed to benefit a wide range of regulated businesses including accountants, asset managers, banks, fund managers, lawyers and trust companies. All types of CDD subjects are supported including individuals, partnerships, private companies, listed entities, public institutions and pension schemes.
ClientCheck supports the full CDD process from the initial collection of client information; through risk assessment, compliance assessment, 4-eyes review and file processing; to secure e-storage and retrieval.
‘ClientCheck is another innovative service from Elian. We are delighted to have developed a solution that has the potential to dramatically reduce our clients’ CDD administrative burden, improve their operating efficiency, reduce their regulatory risk and enhance their overall experience’ said Dan Le Blancq, director of Elian Due Diligence Services.
ClientCheck incorporates the latest cloud and mobile technology, meaning clients can access the service through a secure portal – anytime, anywhere via their PC or handheld device. The system can also be fully integrated with existing clients' IT systems.
ClientCheck complements the ground-breaking app launched by Elian in December called ID Check – the paperless alternative to certified true copies. Currently, over 40 businesses have signed up to trial the app.
For more details on the ClientCheck service, including a short video presentation, please go to www.elian.com/services/duediligence/clientcheck.