EQ and Encompass launch KYC partnership

EQ has announced that it will partners with Encompass to provide greater capabilities for robotic automation and data analysis, and expanded API integrations

The partnership will enhance EQ’s holistic, end-to-end Know Your Customer (KYC) customer offering and increase time and cost efficiencies

Chris Adams, Head of Product at EQ Digital said “We are delighted to announce this partnership with Encompass, who have proven success in delivering greater automation and access to data to their partners within the KYC sector.”

“We consider ourselves experts in handling KYC cases that can’t be automated, in cases of complex ownership structures and screening hits for example. This partnership will help us in our wider market offering in delivering a truly comprehensive, efficient KYC product for our customers.”

Nick Ford, VP, Distribution and Alliances at Encompass, said “At Encompass, we have developed strong partnerships with a number of industry-leading providers, and we are delighted to now count EQ as a valued partner.”

“Together, EQ and Encompass solve many of the critical challenges of KYC corporate onboarding. Combining automated data and document discovery, workflow, and client outreach. Combined with EQ’s leading managed KYC service, this proposition revolutionises very complex, costly processes.”