CDD On Demand

The European Union has announced restrictive measures in response to the crisis in Ukraine. Our partner Acuris Risk Intelligence has issued new statements regarding the current sanctions environment against Russia. This statement means that Acuris Risk Intelligence will make every effort to incorporate any changes into the database within 24 hours. Since the link between SCOPE CDD On Demand and Acuris Risk Intelligence is real-time, this means that the results are also visible in the compliance check within 24 hours. Sanction lists list individuals and entities that are subject to financial restrictions to prohibit counterterrorism regimes and money laundering around the world. When doing business, you naturally want to be sure you are building relationships with the right people. Therefore, it is important to properly screen the business partner before entering into a business relationship. With CDD On Demand Solution you can monitor your customers on a daily basis. If during the daily monitoring a possible match is found for one of the persons or companies on the monitoring list, you will receive a notification. If you receive a notification, you can take immediate action. The monitor function on CDD On Demand is valid for one year. As a user, you have the option of extending this automatically.  Together with our partners, we provide an up-to-date software platform that you can rely on.

The Know Your Customer Portal

The SCOPE KYC Cloud solution is an innovative way of client onboarding for asset managers. A fully digitized onboarding street to determine the risk profile and optimally serve your client with an individualized investment strategy. 

The SCOPE KYC Cloud Portal

Effortlessly MiFID and MiFID II compliant, an appropriate risk appetite determination, and all your confidential data stored securely. That is the SCOPE KYC Cloud solution.

Know Your Customer is about guaranteeing the quality of advice for the client in the context of MiFID and MiFID II. To achieve this, the client's situation must be as clear as possible and the goals of a client must be taken into consideration.

In the Know Your Customer portal, the entire client on boarding process is completed in a structured manner. The inventory and questions are based on the applicable regulations. The following things are inventoried and stored:

Functionalities

Unique way to determine the risk appetite

What risk is your client willing to take and which risk can een cliënt nemen met zijn/haar vermogen. Voor het concreet maken van de risicobereidheid, oftewel hoeveel risico de cliënt wil lopen, maakt de SCOPE KYC Cloud portal gebruikt van scenario analyses (Monte Carlo-simulaties) en psychometrische risico tolerantietesten van FinaMetrica. 

Dual access

Both the asset manager and the client can make adjustments to the file. You will always receive a notification about this. The advantage is that a client can perform the inventory or pass on changes himself without a physical appointment.

Compliant with MiFID II and the GDPR

De SCOPE KYC Cloud Portal voldoet aan de MiFID, MiFID II and the GDPR . The Know Your Customer solution is developed in cooperation with legal experts that continu to monitor the software and give advice about the processing of laws and regulations.

User-friendly client inventory

You and your client can use the inventory of the SCOPE KYC Cloud portal in a super user-friendly manner. It is a continuous wizard in which the parts are finished one by one