Any Counterparty, Anywhere, for Any Business

We make sure you know who you are dealing with and we eliminate the manual nonsense. ONBORD technology allows any business to sign up new counterparties automatically: no manual back and forth; no checking different systems; no manual errors. It's a one-stop solution for signing up new business quicker and better. No upfront cost and no costly inhouse development.

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Why you need ONBORD

Our mission is be the first line of defence for the business ecosystem. In order to do that, we have to make the onboarding process quicker and better than it ever has been. We use big data and the machine learning to provide any business, big or small, the best picture of a new counterparty possible. The quicker you really know a new counterparty, the better: ONBORD does due diligence in minutes rather than days. We are efficient. We are consistent. We are holistic. We are compliant. We are ONBORD.

User-friendly Interface

The platform makes it easy to capture and display data on a new individual or business with little or no user training. It is white-labeled and tailored to your workflow.

MLD5/6 Compliant KYC

ONBORD has ID verification, media feeds, source of funds, sanctions/PEP screening, CDD and EDD modules - everything needed to ensure regulatory compliance.

Roles Based Permissioning

The platform controls who has access to information and logs that access which is core to a proper GDPR regime.

Big Data Integration

ONBORD has the correct data already built in and it is constantly improving and adding to its data integrations.

Pay per Signup

No upfront cost. No costly inhouse development. Pay per use and cancel any time.

Who is ONBORD for

The system was built to be sector agnostic and has a number of different features that may be more suited to particular industries but the basic premise is that the system can operate to the highest standard of KYC/CDD in the legal and finance space.

businesses
Start-ups

ONBORD will accelerate your go to market timeframe. The system works instantly and provides the kind of onboarding experience it would take months to build. It also saves you costs as there is no upfront cost and it is a pay per use model which scales with your business.

Legal Practices

Many of our clients are legal practices who use our system to streamline their CDD and EDD processes and create a better experience for their clients with fewer false positives and better risk assessments. The ONBORD system reduces the manual intervention required and replaces various systems and data sources that may be in place.

Financial Services

We come from the finance industry and know it intimately - from payments and FX through to wealth management. We understand what is required both from an AML perspective and a GDPR one. We can tailor our forms to capture any dimensions that may affect your product offering or risk appetite.

Wholesale

The system provides bank level credit decisioning and anti-fraud protections to any business that offers trade credit. This an underserved market where processes are very manual and techology can really make a difference to risk outcomes. Credit departments love the clarity and simplicity of our holistic risk dashboards.

Tech-Enabled Client Journeys

ONBORD believes in bank-level risk analysis and KYC for all. The system identifies who the correct authorising person should be for a particular business and verifies their image against their ID. This is to comply with Anti-Money Laundering and KYC regulation but also to mitigate the risk of a fraudulent application or a technical legal defence in case of payment disputes.

The ONBORD Journey

ONBORD identifies the correct authorising person or persons and then scans that authorising person's government issued ID to detect whether it is genuine and that it matches their details.

Biometric Check

The authorising person takes a selfie or short video and this is automatically compared to the scanned ID to prevent fraud or identity theft.

Real Time Automated Processing

A number of checks are then run against the individual including electoral role and sanctions database - each the result of each check is flagged to your internal risk department.

ONBORD will flag if an authorising person is on any of the following:
  • International Sanctions

  • Politically Exposed Persons (PEPs)

  • Anti-Terrorism Watchlists

  • Anti-Money Laundering Watchlists

  • CIA and INTERPOL wanted/watchlists

  • Disqualified Directors

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Compliance

GDPR

Processes which involve lots of back and forth, which are then arbitrarily scanned and emailed around, are unlikely to be compliant with GDPR requirements. It can be a costly exercise for most corporations to rethink and re-engineer their customer onboarding process. ONBORD takes all of that effort away with one simple platform solution. All documentation is stored securely in the cloud and only relevant users have access to this information. Any access to it is logged and controlled.

Intelligence

ONBORD provides real-time intelligence on new and existing clients. Most businesses struggle to provide management intelligent business insight from their internal databases. It usually isn't real time and it often takes significant human effort to process. It allows relationship managers to do business with a client immediately as the time needed for compliance and risk checks is vastly reduced. We provide consistent and understandable risk pictures that all can understand. Different roles can see different pictures but all based on one source of truth. Other firms provide search data riddled with false positives and systems that require extensive manuals to understand and a long time to set up and calibrate. The ONBORD system consistently delivers true business intelligence and the user interface has to be seen to be believed.

ONBORD Technology

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Cloud Access

The ONBORD technology platform can be accessed from any device, anywhere. It can even be used to complete customer applications from a mobile phone.

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E-Application

ONBORD forms are responsive and validated which allows data to be checked as it is entered to ensure it is correct and to minimise back and forth with the customer.

real-time
APIs

Data is sourced and sent in real time. ONBORD has been developed to allow a new client to integrate without changing any of their current processes no matter what internal systems they use.

big-data
Big Data

The ONBORD platform integrates with a multitude of data sources to give a better picture on any prospect or customer. It is these integrations that give ONBORD it's real power.

CyberEssentials
Encrypted Cloud Storage

To ensure GDPR compliance all of the data is stored electronically with controls around who can see it and logs of how it is accessed.

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E-Signing

All legal documents are executed electronically with the relevant signature captured on a screen.

Questions you may have about ONBORD

Below, you will find a list of common questions we got asked when people first hear about ONBORD.

On average it takes a day but for larger organisations it may take up to a week. We have a quick one to two hour meeting to understand your current user roles, policies and processes.

There are no upfront costs and no hidden costs. The price quoted is the price you pay. We put our prices on our website because we believe in transparency. Most companies in the space are not so transparent and will attempt to lock you in to long-term contracts.

No. All the data you need is already fed into the system. You don't need to pay for other data or checks.

Yes. We have two methods of outputing all of the information in the system. The first is an API for more sophisticated clients with inhouse developers. The second is via Zapier.

No and we don't need to be. We are not a regulated credit reference agency. We are registered with the Information Commissioner's Office.

Change Everything

ONBORD will totally transform how you onboard customers. It's not a tweak - it's a revolution! It upgrades outmoded customer onboarding processes overnight.

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