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Financial services

KYC and UBO checks for new clients

Reads the client’s documents, traces ownership to the natural persons at the top and runs PEP and sanctions screening. Your compliance officer reviews the file and decides on acceptance.

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YP×
When
When a new client is onboarded
Systems
OutlookCompany registerScreening toolSharePoint
Mode
Prepares the file. Your compliance officer decides
Problem

Every new client needs the same groundwork. Collect extracts, articles and IDs, trace each ownership layer to the ultimate beneficial owners, screen every person and entity, and write it up. In a structure with several holding layers, each layer means another extract to read.

What it does

YP reads the company extracts, shareholder registers and IDs, maps the ownership chain layer by layer and identifies the UBOs against the legal threshold and your own policy. It runs PEP and sanctions screening on every person and entity and drafts the client file and risk assessment, each finding linked to its source document.

How it works

See exactly how the work gets done.

The work starts as soon as client onboarding opens. A new client request starts the run, and the documents already received are read straight away.

Ownership is traced through every layer to the natural persons at the top. Each shareholder is followed through extracts and shareholder registers. Where no owner passes the threshold, the senior managing officials are recorded instead.

UBOs, directors and entities go through PEP and sanctions screening. YP runs them through your screening tool, and each hit is listed with its details.

YP asks your KYC analyst instead of guessing. A missing extract, an unclear shareholding, a difference with the UBO register or a possible match is put to the analyst as a question.

Your compliance officer decides whether the client is accepted. The compliance officer reviews the file, the screening results and the draft risk rating, and no client is accepted without their approval.

The outcome

Your compliance officers review a complete file instead of building it. Every owner and every hit can be traced to its source.

01
Ownership traced to UBOs

Layer by layer, to the natural persons at the top

02
Every party screened

PEP and sanctions, for UBOs, directors and entities

03
Compliance officer decides

On acceptance and the final risk rating

For your numbers

YP traces ownership through every layer and runs the screening, so your compliance officers decide on new clients sooner and revenue starts earlier.

How it runs

Designed for enterprise.

Private

Runs on your infrastructure. Drawings, prices, client and claims data never train a model.

Explainable

Not a black box. An AI auditor checks that every task was done as intended and proposes improvements.

Traceable

Every value links to the document, rule or record it came from. Every step is logged. A named person approves anything that leaves the building.

Your systems

Works in your ERP, CargoWise, policy system, GIS and file shares. Nothing is replaced.

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Frequently asked questions