About Encompass corporation
Encompass Corporation: Revolutionizing AML and KYC Due Diligence Software
Encompass Corporation is a leading provider of Anti-Money Laundering (AML) and Know Your Customer (KYC) due diligence software. The company is powered by award-winning automation and unrivalled global data access, which enables it to offer its clients the most comprehensive and efficient solutions for their compliance needs.
With the increasing regulatory pressure on businesses to comply with AML and KYC regulations, Encompass has emerged as a game-changer in the industry. Its innovative technology automates the entire process of gathering, verifying, and monitoring customer information, thereby reducing manual errors and saving time.
Encompass offers its clients a range of solutions that cater to their specific needs. Its flagship product, Encompass Verify, is an end-to-end solution that streamlines the entire customer onboarding process. It uses advanced algorithms to search through millions of data points from various sources such as government databases, watchlists, news articles etc., to provide accurate risk assessments in real-time.
Another product offered by Encompass is Encompass Confirm which helps businesses verify their existing customers' identities quickly and efficiently. This solution integrates with multiple data sources such as credit bureaus, utility companies etc., enabling businesses to get a complete picture of their customers' financial history.
Encompass also offers an API-based solution called Encompass Express which allows businesses to integrate its AML/KYC due diligence software into their existing systems seamlessly. This solution provides real-time updates on any changes in customer information or risk profiles.
One of the key advantages that sets Encompass apart from its competitors is its global reach. The company has partnerships with over 200 data providers across 200 countries worldwide which gives it unparalleled access to global data sources. This enables it to provide accurate risk assessments even for customers located in remote parts of the world where traditional due diligence methods may not be effective.
In addition to its cutting-edge technology, Encompass also has a team of experienced compliance professionals who provide expert guidance and support to its clients. The company's customer-centric approach ensures that its solutions are tailored to meet the specific needs of each client.
Encompass has received numerous awards and accolades for its innovative solutions. In 2020, it was named as one of the top 100 RegTech companies in the world by FinTech Global. It has also been recognized by industry experts such as Gartner and Forrester for its exceptional performance.
In conclusion, Encompass Corporation is a leading provider of AML/KYC due diligence software that is revolutionizing the way businesses comply with regulatory requirements. Its advanced automation technology, global data access, and expert guidance make it an ideal partner for businesses looking to streamline their compliance processes while minimizing risks. With a proven track record of success and numerous awards under its belt, Encompass is poised to continue leading the way in this rapidly evolving industry.