Anti-money-laundering (AML) specialist firm SmartSearch has announced that it is launching operations in the USA.
Expansion into the US market follows a period of sustained growth that has seen the firm frequently named among the UK’s fastest-growing companies, and a leader in the increasingly important ‘RegTech’ sector.
SmartSearch’s ‘one-stop’ Know Your Customer (KYC) and AML platform enables clients to perform full electronic ID verification and screening in just two seconds, and provides ongoing monitoring to alert users to any change in a client’s status.
SmartSearch expects that its solution will prove popular with US clients, as Chief Executive John Dobson said “We have developed a bespoke product for the American market so that US firms using SmartSearch have the same absolute confidence as those in the UK, that their AML checks are up-to-date and fully compliant with relevant legislation at all times.”
“Our combination of cutting-edge technology and friendly, efficient customer service means SmartSearch is already one of the UK’s leading RegTech firms. Our client retention rate of 98% is testament to the high level of service we consistently deliver.”
“We want to bring those assets to bear in the US market, while continuing to deliver day in, day out for our UK clients.”