We've strategically aligned with these key companies and their offerings to enable our customers to do and access even more from the Avallone platform.
Avallone’s KYC Collector integrates the robust screening and monitoring capabilities of ComplyAdvantage so you can rapidly see if any of your counterparties or their associated individuals will be a risk with sanctions, watchlists, politically exposed persons and adverse media. With live AML data generation, combined entity profiles, real-time screening and automated monitoring, Avallone’s KYC Collector can let you be your most efficient and productive - saving precious time - since you don’t have to switch between various systems to gather information or wait for responses from other teams or external contractors.
Avallone has embedded DocuSign's eSignature capabilities into our KYC Platform - so it’s simple and secure to have your KYC documents digitally signed. DocuSign is the eSignature solution trusted by over a million customers and a billion users around the world. With this capability, Avallone users can send or sign KYC documents from practically anywhere, at any time - and for any number of people with the ability to choose the order of the signing - serial, parallel or mixed sequencing - to meet your specific situations and requirements.
There are three types of eSignatures you can use:
• Simple electronic signatures (SES)
• Advanced electronic signatures (AES)
• Qualified electronic signatures (QES)
The difference between the types of signatures is how the signer is identified.
SES relies on email, IP-address, and two-factor authentication to identify the signer, while AES and QES uses encrypted digital certificates tied specifically to the signer. The signature requirements vary depending on country and type of document. While SES may be enough in some cases (e.g. for signing human resource related documents in Denmark), in other cases it may not be enough to be considered a legally binding signature.
AES and QES provide further levels of security and verification of the signature and signer. In the Nordics, AES is the standard market practice, with NemID, MitID, and BankID being examples of AES. In the EU, QES is rarely used outside of Germany and to a certain degree France. SES is sometimes also referred to as "electronic signature", while AES and QES are "digital signatures".
Observatum Compliance Services is a Copenhagen-based firm, that specializes in providing compliance services with a particular focus on KYC - helping companies with performing all the rigors involved with collecting and assessing KYC information.
Avallone is pleased to partner with Observatum so that we can combine the power of the Avallone KYC Collector with Observatum's breadth of knowledge and experience.
Avallone is proud to strategically partner with finius - a consulting companyspecializing in banking and financial issues based in Eschborn near Frankfurt/Main.
Recognized as a problem solver in the industry, finius is known for their team of experts who have a holistic approach for their solutions and change management recommendations - thinking and acting multidimensionally to consider technical, organizational, procedural aspects and their interactions.
The power of partnering with Avallone means added insights and innovations to your offerings.
Contact us to learn more about how you can become a partner.