Financial Services features
Source of funds checks, used by the largest law firms.
Now available for financial services.
For financial services firms, financial crime and social responsibility regulations require you to perform checks on your clients. Get the data, answers and evidence you need with bank information, questionnaires, client fact finds and financial analysis. Create great client experiences with a simple, digital journey integrated effortlessly into your existing workflows.
Take advantage of the industry-leading compliance checks that financial services firms, accountants and lawyers use everyday.
We give you the answers you need
Armalytix is the engine of proof for the digital economy, combining data, answers and evidence to transform the convoluted process of conducting checks. Capture the check information and analysis you need quickly, safely and securely. Get time back in your day.
01
Data
Accurate and up to date client bank information
02
Answers
Flexible questionnaires and upfront fact finds
03
Evidence
Supporting documentation, proof and analysis
01
Data
Accurate and up to date client bank information
02
Answers
Flexible questionnaires and upfront fact finds
03
Evidence
Supporting documentation, proof and analysis
Features & benefits
What do I get?
A sophisticated tool for compliance checks
Ask the questions and get the evidence and analysis you need
Create tailored questionnaires or choose from industry-endorsed templates
Full fact finds ideal for financial services
Simple upload of supporting documentation for clients
No app or software download for you or your clients
A range of pricing options
News
Armalytix and Betsmart Consulting announce new partnership
Together they will provide gambling operators with a combined solution of tech-enabled affordability and Source of Funds checks alongside expert advice around the building of customer journeys, both from a regulatory compliance and a user experience perspective.
Securities.io – A Nightmare on Crypto Street
2022 was not a good year for global anti-money laundering. Fines rose by more than half on the previous year, topping £4bn, according to recent data. Despite all the issues, crypto’s revolutionary promise remains. Two-thirds of central banks plan to issue their own digital currencies in the next decade. But something needs to be done, or the worst could be yet to come for the crypto industry.
Financial IT – FTX was crypto’s canary. Financial institutions ignore its demise at their peril
Financial services firms must tread carefully and treat the recent FTX scandal like the canary down the coal mine. The exchange’s demise is an early warning sign that danger lies ahead – and that as crypto continues to grow, the worst may be yet to come.
Collaboration is key to Source of Funds compliance success
Regulators have made it clear that the requirement to provide sufficient source of funds evidence as part of the client due diligence process is imperative.
Source of Funds is Complicated. How to Make it Simple.
Understanding the client’s financial position and the ability to identify risk sooner are two key requirements for firms undertaking Source of Funds checks.
Best in class Source of Funds and how we’re achieving it
Over the past few years, we have developed the best-in-class Source of Funds (SoF) checks in the legal market space with upfront fact finds, market leading analysis and a Legal Eye endorsed questionnaire. To do this we have combined cutting edge technology, with a deep understanding of both what is required by the regulators and what the needs of a modern law firm are - all whilst creating a simple, slick digital experience for the client.
Featured in
Reports
Source of funds
analysis
Analysis of account activity and transactions:
Account verification
Confirm client and 3rd party accounts at any point in your process:
Tailored reports
Make it your own:
Proof of funds report
Balance data on one or more accounts:
Source of funds
analysis
Analysis of account activity and transactions:
Account verification
Confirm client and 3rd party accounts at any point in your process:
Tailored reports
Make it your own:
Proof of funds report
Balance data on one or more accounts:
Armalytix in action
Quick, simple, effective.
Source of Funds. Sorted.
Making it work for you
No barriers, get started today or use our APIs to integrate into your existing set-up. We’ll review your existing workflows, agree the information you need and build great client experiences for you. No need for forms.
Option 1
Deploy today
Get started right away.
Option 2
Integrated
Fit seamlessly into your existing systems.
