KYB Module
The KYB (Know Your Business) Module automates the onboarding and review process for business customers, bringing together all relevant compliance data into a single, structured review.
KYB Review
A KYB review in Strise covers the following areas:
- Financials — Company financial data and credit information
- Credit — Credit scores and assessments
- UBOs (Ultimate Beneficial Owners) — Identification and verification of beneficial ownership
- Board members — Current board composition and roles
- PEP screening — Politically Exposed Person checks for all relevant individuals
- Sanctions screening — Screening against global sanctions lists
- AMS (Adverse Media Screening) — Automated news and media screening for risk indicators
Key Features
Automated Audit Trail
Every action taken during a review is automatically logged, creating a complete and auditable trail of the compliance process. This ensures regulatory requirements for documentation are met without manual effort.
Tailorable Checklist
The review checklist can be customized to match your organization’s specific compliance policies and risk appetite. Teams can add, remove, or modify checklist items to reflect their internal procedures.
Editing Ownership and Roles
Reviewers can edit ownership structures and roles directly within the review when discrepancies are found between registered data and actual ownership. All edits are tracked and documented.
Reports
Generate comprehensive PDF reports summarizing the review outcome, including all data points, screening results, and reviewer decisions. Reports can be shared with internal stakeholders or regulators.