Legal features

AML and fraud checks in moments.
Light up your client experiences.
Be form free.

For legal firms, regulation and financial crime risk require you to perform source of funds and wealth checks, as well as moving large sums of client money. Armalytix gives you sophisticated source of funds and wealth reports with questionnaires as well as a market-leading bank account verification tool.

We give you the answers you need, in moments

Forms are a pain. Imagine a world without them. Armalytix combines data provision and questionnaires to transform the convoluted and complex process of getting client information and supporting evidence into a simple and elegant client experience.

01

Legal-specific checks

The reports you need, including Source of funds and wealth.

02

Real time accuracy

Clients validate financial checks from their bank in real time.

03

Analysed for you

Save time and effort. We highlight the data you need.

01

Legal-specific checks

The reports you need, including Source of funds and wealth.

02

Real time accuracy

Clients validate financial checks from their bank in real time.

03

Analysed for you

Save time and effort. We highlight the data you need.

Features & benefits

What do I get?

A sophisticated tool to perform AML and fraud checks on your clients

Flexible control to adapt reports to the risks of the matter or client

Ask the questions and get the evidence and analysis you need

Create bespoke questionnaires or choose from legal-standard templates

Simple upload of supporting documentation for clients

No app or software download for you or your clients

A range of pricing options to enable simple recharge

A better life for you and your team

A quick and simple experience for your clients

News

Accounting Legal Press 20.01.22
AccountingWeb – Government writes off £4.3bn in stolen Covid payments

The Treasury expects to recover just a quarter of the £5.8bn lost to fraud and error across multiple Covid support schemes. However, industry experts told AccountingWEB their warnings ahead of time fell on deaf ears as the government pressed ahead with inferior technology and outdated processes that played straight into the hands of fraudsters.

Legal Press 19.01.22
Armalytix Press – Today’s Conveyancer Minerva selects Armalytix’s Source of Funds technology

Armalytix, which uses open banking technology to streamline the collection of data for the professional and financial services industries, has been selected by Minerva, an electronic onboarding solution for law firms, to create an intelligent, digital onboarding service for the legal market and estate agents.

Accounting Legal Press 4.01.22
Armalytix Press – Fintech Magazine How a Paperless Future Can Put a Stop to Criminal Activity

A look into how crime impacts finance, along with ways fintech companies can stop them from happening in the first place by going paperless

Legal Press 16.12.21
Armalytix Press – Property Week Automated data collection can help crack down on fraud

Accounting Legal News 16.12.21
Armalytix Press – The Fintech Times Money Heist

By utilising the power of technology, financial institutions and crime-catchers stand a much better chance of fighting financial fraud.

Legal 18.11.21
Webinar – SRA, AML and source of funds

Reports

Source of funds
analysis report

Analysis of account activity and transactions:

Proof of available funds and supporting evidence
Analysis on accumulation and source of those funds
Bespoke or template questionnaires available
Bank statements with marked-up transactions

Account verification
report

Confirm client and 3rd party accounts at any point in your process:

Verify account details direct from the bank
Prove ownership and control
Run at any point in your process
Use for clients or 3rd parties, business or personal accounts

Source of funds
data report

All transactions across one or more accounts:

Transactions and balances up to two years
Verified bank data
Customise requested date ranges
Multiple accounts in one report

Proof of funds report

Balance data on one or more accounts:

Up to date account balances
Verified bank details
Prove sufficient funds
Multiple accounts in one report

Source of funds
analysis report

Analysis of account activity and transactions:

Proof of available funds and supporting evidence
Analysis on accumulation and source of those funds
Bespoke or template questionnaires available
Bank statements with marked-up transactions

Account verification
report

Confirm client and 3rd party accounts at any point in your process:

Verify account details direct from the bank
Prove ownership and control
Run at any point in your process
Use for clients or 3rd parties, business or personal accounts

Source of funds
data report

All transactions across one or more accounts:

Transactions and balances up to two years
Verified bank data
Customise requested date ranges
Multiple accounts in one report

Proof of funds report

Balance data on one or more accounts:

Up to date account balances
Verified bank details
Prove sufficient funds
Multiple accounts in one report

Armalytix in action

Simple, elegant, effective.

Watch the video

SOF demo

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 forms and workflows, agree the information you need and build great client experiences for you, freeing you from forms.

Our reports are also available through our market-leading legal search and report partners.

Option 1

Deploy today

Get started right away.

Option 2

Integrated

Fit seamlessly into your existing systems.

Option 3

Report partners

Access our reports through your existing report or search providers.

What our clients say

'I would highly recommend Armalytix to all Conveyancers, it will truly make transactions a lot smoother and quicker. Armalytix will provide a more thorough analysis of a client’s source of funds without the Conveyancer having to trail through a mountain of bank statements and make the necessary connections to show a trail of funds.'

Chandni Chikhlia - Conveyancer - Quality Conveyancing

'Armalytix has allowed us to develop an industry leading source of funds report for our 15,000 professional services clients'

Richard Devine - Account Director – Veriphy

Testimonials

Pricing

We offer pricing packages to suit direct or partner businesses of all sizes. Get in touch to discuss. If you prefer, use the live chat to speak to us now.

Contact

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A better working life for you both.

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Armalytix works effortlessly for you and your team, saving you time and reducing your regulatory risk. Join our trusted and successful community and see how together we are reshaping your industry.

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