Banking & Financial Services

Enterprise KYC for
banking compliance

Global banks, private wealth managers, and correspondent banking teams face the most exacting AML obligations in any sector. KYC Genie delivers CDD, EDD, and sanctions screening at enterprise scale — with the audit trail regulators demand.

FATF R.10–11 CDD / EDD AMLD 4–6 BSA / CDD Rule
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Regulatory obligations

The rules banks must follow

Banks operate under the most comprehensive AML framework of any sector. Here's how KYC Genie ensures you meet every obligation.

FATF
Recommendations 10 & 11
FATF R.10 mandates full CDD for all customers, with ongoing due diligence throughout the relationship. R.11 requires comprehensive record-keeping for at least five years. Non-compliance can result in grey-listing of the institution's home jurisdiction.
Customer CDD Beneficial owners 5-year records
EU
4AMLD / 5AMLD / 6AMLD
EU Anti-Money Laundering Directives require banks to apply enhanced due diligence to PEPs, high-risk third countries, and correspondent banking relationships. The 6AMLD extends criminal liability to corporate officers for compliance failures.
EDD for PEPs Correspondent banking UBO registry
US
BSA & FinCEN CDD Rule
FinCEN's 2016 Customer Due Diligence Rule requires US banks to verify the beneficial owners of legal entity customers above 25% ownership thresholds. The Bank Secrecy Act mandates SAR filing, CTR reporting, and robust AML programme documentation.
Beneficial ownership SAR filing CTR reporting
How KYC Genie solves it

Enterprise compliance tools for banking

CDD, EDD, sanctions screening, and correspondent banking due diligence — all in one auditable platform that scales with your institution.

Customer Due Diligence

CDD and EDD that satisfies any regulator

Run full KYC on individuals and KYB on corporate clients — verifying identity, beneficial ownership, source of wealth, and business purpose in a single structured workflow. High-risk profiles automatically trigger enhanced due diligence.

  • Individual KYC with biometric verification
  • Corporate KYB — directors, UBOs, company filings
  • Automated EDD trigger for PEPs and high-risk jurisdictions
  • Five-year record retention with full audit trail
Identity Verification product
CDD — HARTMANN WEALTH AG
entity_type: Corporate · CHE
company_registrationVerified
directors_verified2 / 2
ubo_identified1 UBO >25%
source_of_wealthDocumented
pep_check_uboEDD triggered
CDD Complete — EDD in progress
medium_risk · enhanced monitoring
AML Screening
Sanctions · PEP · Adverse Media
Meridian Private Bank Ltd
UN Sanctions PEP Adverse Media Regulatory Action
UN / OFAC SanctionsCLEAR
HM Treasury / EUCLEAR
PEP DatabaseCLEAR
Adverse MediaCLEAR
Sanctions & PEP Screening

Continuous screening across 1,500+ global watchlists

Screen every customer, counterpart, and correspondent institution against the world's most comprehensive sanctions and PEP databases. Perpetual monitoring ensures you are alerted any time a customer's status changes — not just at onboarding.

  • UN, OFAC, HM Treasury, EU, and 1,500+ lists screened
  • PEP registry across 200+ jurisdictions
  • Correspondent institution screening
  • Continuous monitoring — alerts on any status change
AML Screening product
Correspondent Banking Due Diligence

Onboard respondent banks in days, not months

Structured due diligence questionnaires built for Wolfsberg Group standards. AI Autofill reduces manual effort by up to 80%, extracting answers directly from uploaded policy documents. AI Autoflag identifies risk issues before your team opens the response.

  • Pre-built Wolfsberg-aligned DDQ templates
  • AI Autofill extracts answers from policy documents
  • AI Autoflag surfaces risk issues automatically
  • Full timestamped audit trail for examiners
Questionnaires product
Correspondent DDQ — ATLAS BANK SA
ddq_id: DDQ-10294 · Wolfsberg aligned
AI Autofill progress
85%
Does your institution have a documented AML policy reviewed annually? Auto
Are beneficial owners of corporate clients verified at onboarding? Auto
Do you maintain correspondent relationships with shell bank jurisdictions? Flagged
17 / 20 questions auto-filled
1 flag raised · Reviewer assigned
How it works

From customer intake to ongoing compliance in four steps

A structured due diligence workflow that meets FATF, AMLD, and BSA obligations with a complete audit trail at every step.

01
Customer CDD
Verify identity, collect beneficial ownership data, and document source of wealth for all new customers and entities.
02
Screen & Risk-Rate
Instant sanctions, PEP, and adverse media checks. Automated risk rating routes customers to standard or enhanced tiers.
03
Enhanced Due Diligence
High-risk customers trigger structured EDD workflows — source of funds, wealth documentation, and senior management sign-off.
04
Perpetual Monitoring
Continuous re-screening against all watchlists and ongoing relationship monitoring. Alerts fire instantly on any status change.
0+
Sanctions & PEP watchlists covered
< 40s
Average CDD completion time
0+
Jurisdictions supported
0%
Reduction in DDQ completion effort
Built for Banking & Financial Services

Ready to modernise your compliance programme?

Talk to KYC Genie about CDD, EDD, and correspondent banking due diligence that satisfies FATF, AMLD, and BSA requirements.

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