Benefits

Working in a regulated sector and adapting to remote work has its challenges, especially when onboarding clients and verifying beneficiary details. We have streamlined and enhanced the process for clients, beneficiaries and lawyers.

Saving you time - SenseCheck reduces the time spent by lawyers and practitioners collecting and managing identity details for their clients and matter related parties, such as beneficiaries. A link is sent to the user for them to complete and upload their credentials. The lawyer can then perform a number of searches against the user as part of their AML / KYC process.

Better client experience - SenseCheck provides an enhanced user experience for your clients and matter related parties. Our platform provides a secure workflow to reduce the number of steps required to complete the KYC / AML process.

Protecting client data - SenseCheck encrypts all data sent and stored within the platform. Only users with the requisite permissions can view data, reducing exposure and assisting ISO and GDPR compliance.

Real-time Insights - SenseCheck aggregates search and related data generated within the platform to provide your team and your MLRO insights into the KYC / AML profile of your matters.

WIQS

The Wills and Inheritance Quality Scheme (WIQS) accreditation is a best practice quality mark for wills and estate administration advice. SenseCheck has been designed with WIQS in mind.

Section 19.1.1 of WIQS requires a practitioner to consider whether carrying out a bankruptcy search on the deceased is appropriate.

Section 23.13 of WIQS requires a practitioner to identify whether any beneficiary is bankrupt.

SenseCheck will carry out a bankruptcy and IVA search as well as a mortality, PEP and ID check as standard. IVA (Individual Voluntary Arrangement) is a formal debt solution similar to a bankruptcy and can place restrictions on a beneficiary’s inheritance. The inclusion of the IVA as standard search removes the need to search multiple registers manually.

Footer

© 2022 SenseCheck Technologies Limited. All rights reserved.


SenseCheck Technologies Limited is registered in England with Company Number 12405248 and VAT Number 344100352 | Registered Office: Freshford House, Redcliffe Way, Bristol, United Kingdom, BS1 6NL | SenseCheck Technologies Limited is registered with the Information Commissioner’s Office under registration number ZA826510 for the purposes of the protection of data.