Altergaia partners with Northrow to provide Know Your Customer (KYC) onboarding through the Salesforce App Exchange
We are excited to partner with Northrow, an established technology company that accelerates the capabilities of regulated organisations by digitally transforming their onboarding and monitoring processes. Northrow provides Altergaia with a single API for our PASSPRORT KYC application that offers instant access to international corporate, entity and personal data to facilitate efficient client onboarding.
Passport KYC allows organisations who use Salesforce as their CRM solution, to perform near real- time KYC verification of their prospects or contacts. Passport KYC delivers robust identity and document verification on international companies and individuals, provides a comprehensive risk- score, a detailed CDD/ECDD report for review and a full audit trail to demonstrate regulatory compliance.
All client verification, data and related documents can be completed and stored within Salesforce to increase the efficiency of your client onboarding processes, enhance customer experience and improve regulatory due diligence thereby reducing your time to revenue.
Altergaia Passport KYC
The Passport KYC app allows you to segment your prospects according to their risk score. The app instantly delivers a pass / fail RAG risk result in near real-time, accelerating the client due diligence process. Passport KYC reduces compliance slowdown of higher-risk customers and jurisdictions by flagging anything that needs further investigation and remediation with a full CDD/ECDD report. This means you only engage with customers who meet your risk appetite threshold. Any existing client data within Salesforce can also be easily remediated using Passport KYC, helping ensure you continue to meet the latest and future regulatory compliance requirements.
Northrow - Single API provider
Passport KYC uses multiple high-quality, commercial third-party data sources, and integrates into Northrow’s single API connection. The risk-based rule engine provides workflow decision making around PEPS. Sanctions and Adverse Media delivering comprehensive CDD/ECDD reports and a full audit trail to safeguard your business.
Simple integration within your Salesforce CRM
Passport KYC is fully integrated with Salesforce.com and is available through Salesforce App
Exchange at the click of a button. Designed to be simple to deploy and tune, it provides a risk appetite through Green, Amber and Red traffic lights. “Staying in the Green” when customer data matches known parameters allows immediate, safe onboarding and conclusion of your deal to gain and retain new customers. Amber escalates to a Compliance function and Red triggers SAR (Suspicious Activity Report) or similar reporting.
Single API solution for your onboarding and compliance
Northrow offers instant access to international corporate, entity and personal data via its single API
to help facilitate increased efficient client onboarding and monitoring. Developers can deliver a solution faster with just one supplier contract to manage. Our breadth of coverage includes territories in Asia-Pacific, Africa, Europe, Latin America, North America and the United Arab Emirates. We can validate the details of over 250 million companies in real-time, from over 100 countries with LEI data.
● Identity Documents validation from over 200 countries
● Access to 80+ government registers and public records
● Global PEP & Sanction Registers with over 65 billion data records
● International address verification over 100 countries
● Intelligence agreement with Law Enforcement partners
Northrow are a technology partner for a range of international clients who operate in multiple industries including Financial Services, Payments, Gambling and Legal Service Providers delivering fast, robust and compliant onboarding processes using a range of data from suppliers.
