A KYC NETWORK TO HELP YOU SETTLE TRADES QUICKER
We've built the ultimate KYC platform for the loan market
KYC is the biggest problem the loan market faces. Slow KYC and onboarding slows everything down. That's why when building LedgerComm we knew we had to integrate a KYC solution into our settlement algorithms. Anything less than that would be uselss.
Store your firm's due diligence documents in one place. Invite others to review. See when they have reviewed your docs. We've build a Facebook for KYC.
Challenges in KYC Compliance
We've all been there..... Waiting for a trade to settle only to be told there is a KYC issue. It can drive you nuts.
Identifying the precise hold up seems impossible, lost in a labyrinth of compliance dark pools!
Wouldn't it be great to have a network where you can see who has KYC on all your funds? To have a place where you can load your firm's Onboarding documents once and share that with your network so everyone is working off the lastest tax & SSI information.
Without a solution to KYC loan settlement will never improve
You need more than a dataroom. Mange KYC, counterparty lists, SSI, tax information all in 1 place.
KYC has to be integrated to loan settlement processes. To leave it out ignores the main reason loans take over days to settle.
Identify which firms to chase
Tech that helps you identify which firms are lagging with onboarding
Load your data once
Keep a golden source of truth in 1 place and then open your profile to people you want to do busines with
Action required
Get notified when firms in your network have sent you docs to review
See where KYC is blocking trades from settling
Need to prioritise your KYC resources to your biggest unsettled trades? You can see all unsettled trades with a KYC issue
Streamline your counterparty KYC due diligence with our network
We provide 1 place for all loan market users to store and share their data with each other
LedgerComm KYC software will show you which firms you have onboarded and which underlying funds or legal entities have been signed off. Separate access can be granted for MLROs and head of legal/compliance to manage counterparty lists.
Visbility in KYC and Onboarding is key to efficiency
If you don't know what is holding up your workflows then how can you fix it?
LedgerComm KYC software allows all users - Agent, lenders and borrowers to see their KYC status with other firms. This then allows you to see what you or they need to fix in order to speed up your operational issues.
Loan market KYC in action - how it works
To get a demo of our KYC software get in touch
We're always open for a chat.
Give us a call on +44 7899 901668, leave a message,
or book a demo ›