Mitigate money laundering for your property management firm
Conduct fast, simple, and cost-effective verification checks when onboarding clients and meet anti-money laundering compliance obligations for your property firm.
How NorthRow helps property management firms
Real-time verification
AML checks delivered in seconds through our property compliance software allowing you to onboard new clients safely and quickly.
Risk-based approach
Property firms can customise the solution to track the most relevant risks for their business and make better decisions to mitigate threats.
Reduced customer friction
Remote verification and ongoing monitoring speeds up the onboarding process and improves customer experience.
Easy, fast implementation
Easy to deploy property compliance software that becomes part of your team, helping to ensure you are always AML compliant.
KYC, KYB and due diligence for PROPERTY MANAGEMENT FIRMS
First line of defence for AML compliance
The property market can be a dangerous place. In a world where financial crime is both proliferating and becoming ever more sophisticated, the property sector is one of the most vulnerable to fraudsters.
NorthRow enables you to quickly identify, verify and monitor every client ensuring you meet your due diligence requirements and combat the threat of financial crime.
AML checks for property management firms
Stop financial crime in its tracks
Property firms are notoriously exposed to bad actors attempting to hide their illegal wealth. Partnering with NorthRow will enable you to quickly identify and verify individuals and businesses to ensure that your clients are who they say they are.
Identify UBOs from multiple data sources
Unravel opaque UBO structures
Complex corporate structures can be hard to unravel manually. Using an automated solution not only speeds up the processes but provides access to a wealth of global data sources to provide a more accurate understanding.
Onboard clients quickly and safely
Accelerated KYC/KYB onboarding with RemoteVerify
Achieve efficient onboarding using the latest biometric and liveness technology. Verification results are delivered in real-time to enhance customer experience.
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"NorthRow’s flexibility and ability to customise the data sets and risk scorecards to meet different use cases and challenges from the client are a great match. We’re improving operational efficiency and helping them to reduce fraud and ensure regulatory compliance."
Anton Zdziebczok, CPO at NorthRow
UK's Leading Property Firm
Why NorthRow...
500k+ worldwide users
173 active countries
99.99% uptime
The easiest way for property management firms to meet AML requirements is to use WorkStation for digital verification and ongoing monitoring.
WorkStation verifies, screens, manages the results, monitors and provides a record of all transactions for audit purposes. As a single platform it delivers all your KYC, KYB and ongoing monitoring in an intuitive end-to-end solution.
KYC verification for property firms
Facilitate the complexity of compliance and reduce risk when onboarding new clients by verifying their identity and screening against sanctions lists.
Case
management
Manage each individual and company with our simple case management solution, view results and set alerts where action is required to ensure due diligence.
Simplify identity verification
Simplify ID&V with an easy-to-use case system which allows you to organise, update, and store information securely, and in line with GDPR and data protection regulations.
AML compliance
Keep track of your clients’ risk status using our RAG system and be alerted to any relevant changes, ensuring you meet ongoing AML compliance.
Ongoing monitoring
Automated alerts notify companies and individuals of risk profile changes, so you can keep tabs on political exposure, sanctions or adverse media.
Remediation
Improve efficiency with a risk-based approach to remediation and data collection processes minimising the administrative burden placed on your team.
Ready to get started?
Book your free demo of our comprehensive AML compliance solution for property management firms today.