Automated and Self Directed Acquisition of Shareholders' Data

This solution is designed to manage the process of identifying and confirming corporate control. Use automation and AI to assist company administration to connect with a corporation's shareholders. Obtain each shareholders' consent and validate individual identities to government documentation.

When a shareholder is found to be another corporation the process is repeated. First automatically confirming the legal status of the company. Then navigate the chain of ownership until individual owners are confirmed.

Identity:

Ultimate beneficial ownership
Controlling interests
Direct and indirect control
Aggregate voting authority

Leverage the position of trust a director, secretary or administrator has with a company's shareholder base to quickly and reliably identify ownership. Then using AI, validate shareholders. Provide tools that allow that person to quickly upload shareholder registries. If a shareholder is a person our automated IDV tools match government issued ID with facial recognition and liveness testing to confirm identity. When the shareholder is a corporation the legal status is confirmed with its government's corporation registry. Upon confirmation of valid legal status the automation repeats itself with that company's shareholder registry.

Services for corporations are often much more lucrative than those for individuals. However staffing and resourcing burden to meet onboarding obligations can be prohibitive. This is particularly true when services offered involve account opening, deposits or lending facilities. This service is the perfect combination of automation, AI and customer empowerment to reduce or eliminate that burden. Free up staff time and reimagine the corporate customer experience during onboarding. Transform staff from gatekeepers to enablers.

Corporate services require more data points to make onboarding decisions. Corporate applications are much more expensive than those for individuals. Reduce the cost of origination by creating opportunities for your onboarding process to remove applications that should never be processed. Spend pennies on automation to create an initial threshold for applications. Don't waste hundreds or even thousands of dollars on resources to fully compile an application that was never going to become a customer.