Accountancy features
Getting client bank data is tedious and painful.
Not any more.
Accountancy professionals are under increasing pressure to understand client's real financial position. Your need accuracy, clarity and the highest regulatory standards. Armalytix gives you long histories of bank transactions, balances and full analysis so you can Know what’s really going on with your clients, in moments.
Everything you need to get the job done. Get your time back
For leading accountancy firms, Armalytix provides:
- The real and specific financials of your clients.
- Long histories of client bank statement transactions and balances.
- Accurate, at-a-glance analysis with key insights and risks highlighted.
- Significant, business-changing time and resource savings.
01
Time saved
No more chasing clients. Meet your deadlines
02
Right data
Accurate data, adjustable duration, normalised
03
Analysed
Auditable output to define scope
01
Time saved
No more chasing clients. Meet your deadlines
02
Right data
Accurate data, adjustable duration, normalised
03
Analysed
Auditable output to define scope
What our clients say
'Armalytix is a game changer! Armalytix is saving us money but more importantly it has helped improve team morale as dealing with bank statements was a task that nobody wanted, adding considerable time and resource overhead to every case.'..
Zain Iqbal - Insolvency Practitioner, Cooper Young
'I don’t think we will ever not use it because it is just so easy and effective.'
Michael Bussey - Head of Bookkeeping, Hammond & Co.
Using Armalytix means we can speed up the case progression. With Armalytix, instead of waiting weeks or months for the banks to send statements, we can access the data instantly. The analysis is great and saves hours of manual review, and easily identifies ‘interesting’ transactions for our attention.’
Toyah Poole - Insolvency Practitioner, Clarke Bell
'Armalytix significantly streamlines our processes, allowing us to save valuable time'
Naomi Mather - MLRO, Fidler & Pepper
'I had been looking for a more efficient way of gathering bank statements from our extensive client list that was secure and easy for them to use. I found Armalytix was ideal for our needs.'
Wijay Kanagasundaram - Director and Co-Founder, WIS
'Armalytix is a god send! The analysis the Armalytix report provides makes it a unique offering in this market.'
Sam Strong - Head of Conveyancing and HOLP, Eden Conveyancing
‘Not only am I able to quickly assess a client for the risks of financial crime but I am gaining valuable insights into the business and evidence that the business matches the description given - all in a simple auditable report. This puts my mind at rest that we are doing everything possible to maintain high vigilance for financial crime whilst also delivering valuable insights.’
Johann Goree - Group Managing Director, OnPoint Accounting
'We want our consumers to have the best experiences with us and Armalytix helps us achieve that'
Amanda Ambler - Operational Project Manager, Chadwick Lawrence Solicitors
'Armalytix has been on the journey with Greenfield in digitalising their working practices. This has been a significant advantage and the functionality of Armalytix works seamlessly with our established online platform. The efficiencies in the utilisation of Armalytix are significant in accelerating case progression.’
James Tudge - Case Manager, Greenfield Recovery
'Working with Armalytix felt like an extension of our team here at Movera'
Abigail Booth - Head of Applications, Movera
'It is ultimately saving us both time and money – it probably saves us at least 1-2 hours per purchase transaction.'
Emma Fairbairn - Partner, Woodford Stauffer Solicitors
Testimonials
Features & benefits
What do I get?
Removal of the manual processing of financial statements
Dramatic decrease in the time required to gather, analyse and interrogate long histories of financial transactions
Data sourced directly from the bank - no missing data, accidental changes, or wrong date ranges
Data sourced directly from the bank - no missing data, accidental changes, or wrong date ranges
Unlimited bank and account connections for clients
Simple experiences for clients, completed from mobile or desktop with no downloads
All data returned in a common format across all bank account types - ready for upload to cloud accounting systems as necessary
Output in CSV, XLS, PDF and JSON formats
Analysis and highlighting of transactions of interest
News
Fintech Times – How is Regtech Enabling Privacy Compliance?
2024 is proving another standout year for the regulatory space, finding itself under the spotlight, for better and worse reasons. The Fintech Times looks at some of the biggest issues regarding compliance and financial rules, and speaks to Armalytix about the solutions hoping to ease the compliance journey for firms.
International Adviser – Will the new Labour government bring global action on money laundering?
With Labour’s recent landslide victory in the UK election, there’s hope that a new government will open doors for closer global coordination in the fight against money laundering, an issue with significant international dimensions, says Mike Ward, executive Chairman of Armalytix.
Corporate Compliance Insights – Beyond Borders: International Money-Laundering
The global problem of money laundering requires a global solution, says Mike Ward, executive chairman of Armalytix, a fincrime compliance provider.
First AML partners with Armalytix to bolster its Source of Funds and Wealth capabilities
First AML, the anti-money laundering scaleup, today announced its integration partnership with Armalytix, the Open Banking technology platform which streamlines the collection of data for the professional and financial services industries, to bolster its Source of Funds and Source of Wealth capabilities.
Finance Derivative – Embracing Open Banking
As the adoption of Open Banking continues, it is transforming how we manage our finances. By prioritising data privacy, security, and customer trust, Open Banking paves the way for a future where banking and financial services are tailored to individual needs and delivered with ease and transparency.
The PIE – How to reduce risks of dirty money in private schools
Independent schools in the UK are now under scrutiny due to potential loopholes arising from substantial money transfers, including anonymous donations and payment of tuition fees.
Featured in
Services
Insolvency
For insolvency practitioners, chasing clients or banks for statements, chasing again for the right data and date ranges and then having to conduct a significant manual process to get the data into a format you actually need is outdated and importantly no longer necessary. Armalytix gives the data and analysis you need quickly, accurately and securely - with a simple, digital journey for your clients.
Audit
Get the large volumes of data you need in minutes in a workable format. Identify the trends and transactions of note with a robust set of configurable insights and outputs to define the statement of works. Armalytix delivers a first-class digital experience to you and your audit clients, allowing you to focus your time on the important work, meet your deadlines and remove the administrative burden from the audit team. Increase the quality of the audit process and strengthen the audit testing with increased up-front analysis.
Forensic
Conducting forensic financial investigations is complex. Armalytix allows forensic accountants to immediately gather long histories of bank transactions data in a standard format and interrogate the data efficiently and effectively. Allowing you to investigate the complex simply, get to the answers quickly and present your investigations with clarity. Deliver outstanding investigations with Armalytix.
Bookkeeping
For bookkeepers, chasing clients for bank statements is more frustrating and time-consuming than it needs to be. This is only going to get worse with MTD and other initiatives. Armalytix solves this for you by requesting, chasing and securely delivering the right client information every time. In addition you can set up repeat requests for data on a monthly, quarterly and annual basis to suit your needs.
Disciplines
Why Armalytix?
Financial Investigations
AML & Financial Crime
Income & Expenditure
Get exactly what you need for your firm
There’s no one size fits all, we’ll give what you need and get it right from the start. Integrate simply, make it easy for your clients and get to the heart of the matter, every time.
Option 1
Deploy today
Get started right away.
Option 2
Integrated
Fit seamlessly into your existing systems.
