Client onboarding and periodic review for commercial and private banks
Connect customer due diligence, business verification, AML screening, transaction monitoring and reporting for banking teams on one governed platform.
The compliance picture
Banks operate under direct prudential and AML supervision, with obligations that typically include a risk-based customer due diligence programme, enhanced due diligence for higher-risk relationships, beneficial-ownership identification, sanctions compliance, and periodic review of existing clients. Exact rules depend on the jurisdictions a bank operates in. truvon.id is built to execute a configured programme consistently and to produce the record an examiner asks for.
What matters most
Multi-layer UBO discovery
Resolve ownership through holding companies, trusts, and nominee structures, with indirect-ownership calculation against your configured threshold and a clear graph of how each owner was reached.
Enhanced due diligence as a workflow
Trigger EDD steps automatically on risk score, jurisdiction, or PEP status; the workflow engine routes source-of-wealth and source-of-funds evidence to the right reviewer.
Explainable risk, examiner-ready
A normalized score with a full factor breakdown, mapped to a decision ladder you define - so “why was this client approved” always has an answer.
Immutable evidence and periodic review
Every evaluation is recorded with its policy version; scheduled re-review re-runs the checks and records the outcome.
A typical workflow
Relationship request → entity verification and full UBO graph → KYC and screening on every identified party → risk rating → EDD workflow where triggered → committee or approver decision via maker-checker → evidence sealed → scheduled periodic review.
Things to keep in mind
- Segregation of duties: maker-checker approval keeps the analyst who builds a case separate from the officer who signs it off.
- Data residency: cloud, dedicated single-tenant, or on-premise / hybrid deployment for institutions with strict data-sovereignty requirements.
- Legacy book remediation: run the current programme against existing clients in batches and evidence the uplift.