Ondorse is a leading provider of AML solutions designed to streamline compliance processes for financial institutions. Their platform offers a variety of tools to support entities in managing risk, ensuring KYC/AML compliance, and improving operational efficiency. This memo outlines the key features and advantages of Ondorse, providing insights into the solutions they offer, their typical customers, and what makes them unique in the market.

The Solutions Ondorse Provides

Ondorse offers a comprehensive suite of AML and KYC tools aimed at simplifying compliance procedures. The key features of their platform include:

• Automated entity data collection
• Client lifecycle management
• Integration with CRM systems
• Perpetual KYC (pKYC) for continuous monitoring
• Risk scoring and transaction monitoring
• ID verification and document processing
• Pre-configured policies and customizable options

These features allow organizations to ensure compliance with regulatory requirements while automating and optimizing their workflow.

The Type of Customers Ondorse Works With

Ondorse primarily serves financial institutions, including:

• Banks and credit institutions
• Asset managers
• Insurance companies
• Other regulated financial entities

Their solution is adaptable to various industries that require stringent AML and KYC procedures, ensuring scalability and flexibility to fit the needs of both large enterprises and smaller firms.

What Sets Ondorse Apart

Ondorse stands out in the AML space due to:

• A no-code configuration feature that allows easy customization
• Seamless integration with third-party systems such as CRM and email
• A private cloud deployment option, ensuring data security and flexibility
• A focus on ongoing client monitoring with perpetual KYC

These unique features enable Ondorse to provide a highly adaptable and user-friendly solution for compliance teams.