Streamline User Verification for Wealth Management
According to a report by Cerulli Associates, the global assets under management (AUM) of the wealth management industry is projected to reach $147 trillion by 2025. As the industry continues to grow, it is more important than ever to ensure secure and efficient user verification processes. Ahrvo Comply’s customizable workflows, automated document collection and verification, and risk scoring tools ensure compliance with all relevant regulations, including KYC, AML, and sanctions screening.
Robust Compliance System
Ahrvo Comply offers a robust compliance management system for wealth management firms that includes transaction monitoring, screening, and reporting capabilitie.
Advanced Wealth Analytics
Optimize your wealth management strategies with Ahrvo Comply's advanced analytics and data visualization tools that provide deep insights into customer behavior and preferences.
Secure Identity Verification
Protect your wealth management firm against identity fraud with
Ahrvo Comply's secure identity verification technology that is fully compliant with regulations.
Ensure Compliance with Ahrvo Comply’s Transaction Monitoring, Screening, and Reporting
The wealth management industry is subject to complex regulations and industry standards, such as FINRA, SEC, and MiFID II. Ahrvo Comply’s Transaction Monitoring, Screening, and Reporting product provides real-time monitoring, screening, and alerts for suspicious activities, ensuring timely reporting and preventing financial crime. Our customizable workflows and risk scoring tools also help wealth management firms efficiently manage their compliance processes and avoid costly fines and reputational damage.
Secure User Authentication in Wealth Management
According to a report by Wealth-X, the number of ultra high net worth (UHNW) individuals is projected to reach 360,000 by 2025, with a combined wealth of $44 trillion. As the wealth management industry continues to grow, Ahrvo Comply’s Biometric Verification product provides a secure and efficient authentication solution for wealth management firms. Our customizable workflows, automated document collection and verification, and risk scoring tools ensure compliance with all relevant regulations, including KYC, AML, and sanctions screening. Our solution offers passwordless authentication, reducing the risk of data breaches and increasing customer convenience.
Simplify Digital Document Management in Wealth Management
According to a report by PwC, the wealth management industry is facing challenges related to digital transformation, including improving the client experience and operational efficiency. Ahrvo Comply’s eSign and File Sharing products provide wealth management firms with a secure and efficient way to manage and share digital documents. Our solutions ensure compliance with all relevant regulations and industry standards, including ESIGN Act and eIDAS. Our customizable workflows and automated document collection and verification streamline the document management process for your customers.
Secure Payment and Banking Access
According to a report by Deloitte, the wealth management industry is facing challenges related to data privacy and cybersecurity. Ahrvo Comply’s Portable Identity Gateway provides wealth management firms with secure and customizable access to payment and banking services. Our solution offers cross-border open banking, enabling wealth management firms to expand their services globally. Our transaction monitoring, screening, and reporting capabilities ensure compliance with all relevant regulations, including KYC, AML, and sanctions screening.
Expand Your Payment and Banking Reach in Wealth Management with Ahrvo Comply’s Cross-Border Open Banking
According to a report by Boston Consulting Group, global wealth is projected to reach $291 trillion by 2025, with Asia Pacific accounting for more than half of the growth. As wealth management firms expand their services globally, Ahrvo Comply’s Cross Border Open Banking product provides easy and secure access to payment and banking services across borders. Our solution ensures compliance with all relevant regulations and industry standards, including PSD2 and Open Banking. Our Portable Identity Gateway offers user and business verification, transaction monitoring, screening, and reporting, as well as biometric verification, passwordless authentication, and Portable KYC – NFT ID, streamlining the onboarding process for your customers.
Streamlined Wealth Management with Cross-Border Open Banking
Wealth management is a highly regulated industry, and managing cross-border transactions can be complex and challenging, especially when it comes to compliance with regulations such as GDPR and CCPA. According to a report by Accenture, cross-border payments are expected to reach $240 billion in revenue by 2025, highlighting the significant growth potential in this area. Ahrvo Comply’s Cross-Border Open Banking solutions offer wealth management firms a secure and efficient way to manage their cross-border transactions. Our platform uses advanced technology to facilitate cross-border payments and transfers, while our customizable workflows and reporting capabilities enable institutions to manage their compliance processes more effectively.
Secure eSign and File Sharing Solutions for Wealth Management
The industry is transforming the way people access financial services, with the digital signature market expected to reach $4.4 billion by 2023. Ahrvo Comply’s eSign and Wealth Management solutions providea secure and efficient way for fintech companies to manage their document signing and sharing processes. Our platform uses advanced encryption technology to protect sensitive data and ensure compliance with regulations such as GDPR and CCPA.
Comprehensive Product Stacks for Compliance and Payment Solutions
We understand that businesses have different technological needs and preferences. That’s why we offer a range of product stacks for our compliance and payment solutions, including Native iOS and Android, React Native, React, Angular, and more.
Need Help Navigating Complex Compliance Regulations?
Ahrvo Comply’s expert team can help you navigate the complexities of compliance regulations and optimize your payment processes. Contact us today to get started.
FAQ
Ahrvo Comply provides solutions for user and business verification, transaction monitoring, and reporting, as well as biometric verification and passwordless authentication to ensure compliance in the wealth management industry.
Yes, Ahrvo Comply’s solutions can be customized to meet the specific compliance needs of wealth management businesses.
Ahrvo Comply’s Portable Identity Gateway enables secure and streamlined access to payment and banking services for wealth management businesses, improving transaction efficiency and reducing risk.
Ahrvo Comply’s biometric verification solution provides a secure and accurate method for verifying the identity of individuals involved in wealth management transactions, reducing the risk of fraud and improving transaction efficiency.