NorthRow

AML compliance for the art market

Gain transparency high-value deals and intermediary risks

Simplify the customer verification with automated CDD/KYC processes. Instantly verify the identity of buyers and sellers, run PEP and sanction checks, and assess risk levels in real-time.

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Coverage
art market dealers KYC verification

Join art market firms such as Artscapy who have are instantly verifying new clients.

The biggest AML challenges in the art world

LACK OF TRANSPARENCY AND BENEFICIARIES

Identifying beneficial owners can be difficult due to layers of intermediaries, shell companies, and trusts.

GLOBAL REACH AND JURISDICTIONAL COMPLEXITY

Art transactions often span multiple jurisdictions, each with its own AML regulations.

COMPLEX CDD REQUIREMENTS

Art market businesses must conduct detailed customer due diligence on both buyers and sellers.

HIGH RISK TRANSACTIONS AND ANONYMOUS BUYERS

High-value transactions are prime targets for money laundering, and intermediaries can obscure true ownership.

CLIENT PRIVACY AND DISCRETION

Clients often value privacy and discretion making collecting information for CDD challenging. 

MONITORING SUSPICIOUS ACTIVITY

Art can be subjective in value, and unusual activity may not always raise red flags.

£40 BN

annual global art market valuation

42%

of global art market sales come from US

£40,000 +

transactions flagged – regional AML scrutiny

50-75%

of sales involve high risk areas (private)

80%

of auction house in EU adopt AML

How NorthRow helps

Streamline CDD, monitoring, and reporting for high-value art transactions

By integrating advanced technology and automation, NorthRow empowers art market participants to ensure compliance with all regulatory requirements while safeguarding your reputation.

Effortless compliance with global AML regulations

Automate customer due diligence and sanctions screening to meet AML regulations with ease, even for high-value, anonymous transactions, ensuring compliance across complex art market deals.

Real-time monitoring of client risk profiles

Continuously monitor client risk profiles and detect suspicious activity in real-time, ensuring you can swiftly respond to potential money laundering threats and uphold ongoing compliance.

Protect your reputation in the international art market

Stay ahead of evolving regulations and avoid costly fines, while preserving the privacy that your art clients expect, ensuring compliance without compromising trust.

art market compliance

Fraudsters are using stolen data and their real face to pass biometrics and liveness checks, knowing the police lack resources to investigate the increasing number of deepfake attacks. The only defence an organisation has is to detect the document itself as a deepfake.

art market expert

Peter Violaris

Global DPO and Head of Legal EMEA at IDVerse

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Effortless Compliance

Automate customer due diligence for buyers and sellers

Instantly verify the identity of buyers and sellers, run PEP (Politically Exposed Person) and sanction checks, and assess risk levels in real-time.

Peps and sanctions
KYB case management
Global Assurance

Achieve complete KYC and KYB for global compliance

Stay compliant with sanctions and block risky actors from your art deals by screening against global sanctions lists to ensure you avoid restricted individuals or entities.

Seamless Verification

Accelerate onboarding across borders with biometric verification

Streamline onboarding with secure biometric ID verification and document validation, ensuring seamless client management across multiple jurisdictions.

art market participants ID verification

Impact in numbers: elevating AML compliance in the art world

We bring together global market-leading data sources and verification technologies into a single, simple interface, accessible anywhere, any time.

< 4%

Abandonment rate

220+

Jurisdictions

500m+

Entities available

13,000

Documents supported

1.5m

Daily news articles

< 2%

False positive rate

Know your customer identification

Verify clients in seconds using  biometric facial recognition and UBO data. Eliminate manual tasks across data sources with automated KYC processes aiding due diligence.

Effortless case management

A central compliance tool that delivers dynamic client records, provides MLROs and risk teams with full oversight, and ensures smoother internal and external audits.

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Automated screening with rich data

Take advantage of extensive data sources to seamlessly automate the screening process for PEPs, sanctions, and adverse media, ensuring thorough due diligence.

Artscapy
artscapy

Helping Artscapy to safeguard their collectors against fraudulent activities and undue risk.

Artscapy looked for a partner to support the delivery of comprehensive Know Your Customer (KYC), Know Your Business (KYB), Identification and Verification (ID&V), and AML checks with a consistent approach for their clients.

Read their story

FAQs for Art Market Participants

For all of your burning questions, take a look at our FAQs. Can’t find the answer to your question? Feel free to contact us directly and we’ll be happy to help.
What data providers do you use?

NorthRow integrates with lots of renowned global data providers, corporate registries and premium data sources, providing unrivalled access to the data your business needs.

Our key data providers are as follows:

Dun & Bradstreet who are leading company data and UBO database specialists, featuring over 500 million global company entities.

Lexis Nexis is our core provider of UK identity and address validation data, such as credit reference agency and electoral register data.

Acuris (often referred to as C6), is our core provider of risk data. Specifically for PEPs, sanctions and adverse media.

Creditsafe is our supplier for KYB/company data. Often used for corporate ownership and structure information. This includes company directors, shareholders and other interested parties as well as where a company is based and its business activities to help support identification of UBOs.

More information can be be found here.

What do you do with our data?
At NorthRow we take security very seriously, we adhere to the highest, rigorous standards for data, privacy and security compliance. The data you send us is only used to verify your client’s identities and businesses. We never use it for any other purpose. We send it to third parties to complete the checks, and we can share our list of sub-processors with you so that you have full transparency of how your data is used.
Where is our data held?
Our products are tested continuously throughout our development process by a team of internal QA engineers. In addition to the application testing we regularly scan for vulnerabilities using third party services and undertake annual detailed penetration testing. We continually monitor new vulnerabilities and proactively work to ensure that we are protected.
How do you test your services?
Our products are tested continuously throughout our development process by a team of internal QA engineers. In addition to the application testing we regularly scan for vulnerabilities using third party services and undertake annual detailed penetration testing. We continually monitor new vulnerabilities and proactively work to ensure that we are protected.
What about service availability?
NorthRow makes use of the Amazon Web Services and Microsoft Azure to ensure we do not have a single point of failure in our architecture. All the data we hold and the services we provide are backed up at regular intervals to protect against disruption or loss of data.
What support is included?

From the moment we work together we hold your hand throughout the implementation process and continue through to ‘go live’.

Excellent customer service and continued support are all part of partnering with NorthRow. You can always email our support team on support@northrow.com if you have any queries.

All Premium and Enterprise package customers receive a dedicated account manager who will keep in touch to ensure you get the most out of our software.

How fast can I be up and running?
Typically, we get our clients live within 14 days of them signing a contract.

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We’ve worked with hundreds of regulated businesses. Let’s work together.

Book your free demo of our ID&V, KYC, KYB, and AML compliance solution and discover how we’ve turned compliance into a competitive advantage for companies like Knight Frank, CloudPay, and Yorkshire Building Society.

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