LEGAL SERVICES
"AML, it can be a smidge complicated. Read on and decide if some of these examples seem familiar"
Allow us to illustrate with a real-world ‘but made up’ scenario. Meet Bob, Tina, and Alan, dedicated professionals employed by ABC Legal Services.
While ABC Legal Services is a fictional name, their role conducting Enhanced Due Diligence is far from imaginary. When they encounter a complex case, such as a large trust with six trustees or a multinational company involving five offshore entities.
These aren't hypotheticals, but actual situations that many businesses encounter regularly. Navigating these intricate cases cost Bob, Tina and Alan time, stress, headaches, sore fingers, and all sorts of other menial nasties.
One of the primary challenges in successfully completing Enhanced Due Diligence stems from the multitude of systems and logins required.
Each day, Bob, Tina, and Alan tackle these intricate EDD cases, with new ones continuously filling up their inbox. Their team is currently handling all of this across various systems, with multiple logins and with customers sending certified copies via email to their accounts. Not only is this approach fraught with risk, but it’s also akin to attempting to traverse the Tongariro Crossing while riding a bicycle while balancing a trifle on your head.
We know this is no ‘trifling matter’ (apologies) for you and your team, that’s why we’ve built Cases.
Now, Bob, Tina, and Alan are undoubtedly excellent employees, adeptly managing these tasks like plate-juggling circus performers.
However, is this their primary responsibility? Is Enhanced Due Diligence (EDD) their sole focus? Like all of our clients who have adopted our new Cases platform, their staff used to handle EDD in addition to their other responsibilities.
If we were to relieve your law firm of this burden, how much time, money, and, perhaps most importantly, the happiness of your Bob, Tina, and Alan could you potentially gain? Quite a bit, we imagine.
Now, Bob, Tina, and Alan, juggling multiple responsibilities and wearing various hats, likely don’t accomplish their tasks very swiftly.
In fact, in the real world (not the fictional realm of a made-up legal company), our clients have informed us that an average EDD case takes 14 working days to complete. That’s not just a considerable duration, but also likely quite costly to your business.
Using APLYiD's cases has proven to take the time to an average of 3 days. That's a huge time saving.
We all know the problems around EDD... so let’s talk solutions.
Our Cases solution takes the workload off your team’s shoulders, providing absolute clarity on the status of your cases at all times. Engage with us directly within the product, giving you visibility of how far along each case is, collaborate with your own dedicated ACAMS certified case manager to ensure a fully compliant customer onboarding.
Call Jack, our wonderfully talented Account Executive. What Jack doesn’t know about EDD isn’t worth knowing!
When you sign up with us, we give you your first month for free or your money back – oh wait? It's free, whoops
‘APLYiD really is a game changer, and their motto of ‘we do the Cases, you do the law’ is spot-on, both figuratively and literally.’
Anonymous Law Firm
• You’ve got access. That's right, it's already in your portal (if you’re a customer of APLYiD already) and if you’re not, why not?
• Easy document upload, when you lodge a case with us, you can add some supporting documents or if you’ve done some of the EDD already you can give us what you have, and we can take over
• ACAMs qualified agents will be assigned to the case and will get stuck in straight away. We don’t have any juniors, offshore support, or anyone that’s unqualified working in our team
• Real-time progress checker - you can always check in and see how the case is tracking with our easy-to-follow Progress Bar
• Live email notifications are sent at each new step, making sure you are alerted to any changes in the case
• Chat to our team inside the portal – raise any queries and get live responses on your case
• Download completed results when the case has completed, a shiny PDF will be waiting for you to download and pop into your Practice Management System
Will Brabazon, a seasoned professional with a wealth of experience in the field, serves as the head honcho of our Anti-Money Laundering (AML) division.
With a combination of expertise and dedication that has earned him the trust and respect of our organisation, he oversees a team of highly skilled and ACAMS (Association of Certified Anti-Money Laundering Specialists) qualified compliance officers based in New Zealand.
This team is at the forefront of our global compliance initiatives, ensuring that we maintain the highest standards of integrity and regulatory adherence across all our operations.
This ultimately means you know that your client onboarding is in extremely safe and competent hands.
