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Professional services companies are introduced to Armalytix's innovative Identity Service, designed exclusively for their needs.

Fintech firm Armalytix, celebrated for its sophisticated client data solutions in areas of compliance and affordability, announces today the debut of its innovative Identity Service. This versatile tool, tailored to meet the toughest identity verification challenges, is intended for...

Professional services companies are introduced to a fresh Identity Service by Armalytix, designed...
Professional services companies are introduced to a fresh Identity Service by Armalytix, designed specifically for their needs.

Professional services companies are introduced to Armalytix's innovative Identity Service, designed exclusively for their needs.

Armalytix, the multi-award-winning fintech company, has announced the launch of its new Identity Service, designed specifically for professional services firms. This powerful and configurable tool aims to streamline onboarding and support compliance with evolving regulatory expectations.

The Armalytix Identity Service offers a wide range of verifications, including digital ID, NFC verification, facial recognition, liveness detection, proof of address checks, PEPs/sanctions/adverse media screening, mortality register checks, ongoing monitoring, and full audit trails. By providing a full view of both identity and financial data, it aids in fraud prevention and regulatory compliance.

Richard McCall, CEO at Armalytix, emphasises the importance of understanding a customer for trust and compliance. He states, "Understanding a customer is essential for trust and compliance. Our new Identity Service is designed to meet the real-world needs of professionals in the legal, accounting, and financial advisory sectors."

The Identity Service is integrated within Armalytix's platform for source of funds and financial analysis, bringing identity and financial insights together in one place. Firms can access the service via the Armalytix platform or integrate it into their existing systems through flexible APIs.

This new service reinforces Armalytix's commitment to providing modular tools, superior risk protection, and streamlined processes to professional services firms. It also continues to be a multi-award-winning fintech solution for client information management.

Founded by Tobias Frank and Stefan Wacker, Armalytix's new Identity Service is designed to solve the hardest ID challenges for professional services firms. It enables firms to verify identities quickly and accurately within one platform, helping professionals save time, meet their obligations, and deliver a better experience to their clients.

Moreover, the Identity Service delivers Safe Harbour-compliant ID and KYC for conveyancers, ensuring a secure and compliant onboarding process.

In conclusion, the launch of the Armalytix Identity Service marks a significant step forward in providing professional services firms with a comprehensive solution for identity and financial verification, supporting their efforts in maintaining trust, compliance, and delivering an excellent client experience.

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