Tonic KYC, available both as a standalone solution, offering a seamless and efficient approach to Know Your Customer (KYC) procedures or as a crucial component of our comprehensive Tonic Wealth Management suite.
With Tonic KYC, you have the power to automate KYC processes through a highly configurable framework, ensuring compliance and bolstering risk management.
Configurable KYC Framework
Tonic KYC provides a flexible KYC framework that allows you to define preset rule groups tailored to various client requirements, including those within and outside the EU. Customize KYC processes within each preset, providing a personalized experience.
Risk Scoring Engine
Tonic KYC includes a risk scoring engine that assigns KYC scores to individuals and companies based on configurable rules. You can accurately assess risks and set rules for Overall Risk Assessment (ORA) that automatically assign scores when specific conditions are met.
Categorize rules to evaluate risks across different dimensions, such as Geographical Risk, Type of Customer Risk, Product & Services Risk, and Interface Risk. This comprehensive approach offers a holistic view of risk assessment.
Link workflows to specific KYC scores, triggering predefined actions automatically. This streamlines compliance procedures, saving time and ensuring regulatory compliance.
Tonic KYC features built-in ongoing monitoring capabilities. When relevant properties change (e.g., an individual's nationality), the system recalculates the KYC score and initiates configured workflows. Stay vigilant and informed about potential risks.
Tonic KYC boasts a user-friendly interface with a modern design, accessible across multiple devices, including desktop, tablet, and mobile. An integrated chatbot provides assistance throughout the onboarding process.
Experience the Future of KYC
Tonic KYC redefines KYC processes with its flexibility, automation, and adaptability. Ensure compliance effortlessly and effectively mitigate risks. Contact us today to explore how Tonic KYC can benefit your business, whether as a standalone solution or as part of Tonic Wealth Management
Join the future of finance with Tonic Wealth Management.