Contemi Client Onboarding

Contemi Client Onboarding is an automated, paperless, and omni-channel solution designed specifically for the wealth management, private banking, and wider financial services industries. This platform caters to small to large financial service firms, offering them an end-to-end digital onboarding experience. With its seamless integration capabilities and customizable workflows, Contemi Client Onboarding is positioned as a choice for professionals in the wealth management, private banking, and financial services sectors.

Key Features

End-to-End Digital Onboarding: According to the vendor, customers can open an account in minutes from their own home or on the go, without advisor supervision. The platform enables identification verification (IDV) checks in real-time using document scrubbing, facial recognition, and machine learning technology. It also includes an automated risk investment profile assessment.

Automated Due Diligence: The solution provides automated real-time KYC (Know Your Customer) and AML (Anti-Money Laundering) check results within 6 seconds. It includes a global PEP (Politically Exposed Person) and sanctions check, monitoring, and an in-built risk algorithm to calculate client suitability.

Customized Workflow & Seamless Integration: The platform integrates into existing operations and technology infrastructure, offering configurable workflows and questionnaires with API integrations to ensure data integrity and a user-friendly experience. It provides visibility into onboarding cycle times, allowing firms to identify and resolve inefficiencies. Real-time reporting dashboards and a complete view of client information and history are also included.

Multidevice Access: Clients and wealth managers can access the platform from multiple devices, enhancing convenience and flexibility.

Digital Document Management: The solution offers online document management, operational readiness enablement, and application configuration. It allows clients to upload and retain all their important information digitally, facilitating interaction with their advisor.

Secure Electronic Signatures: According to the vendor, prospects and clients can digitally sign account-opening agreements electronically in a secure and legally compliant way.

Self-Service or Assisted Service: Clients have the option to choose between self-service or assisted service by a relationship or investment manager.

Regulatory Compliance: Contemi Client Onboarding claims to ensure regulatory compliance management across multiple jurisdictions and entity types, providing peace of mind for financial service firms.

Flexible Deployment Options: The platform supports flexible deployment options, including on-premise and private/public clouds, to cater to the specific needs of each firm.

Bespoke Solution: Contemi Client Onboarding is customizable based on the firm's needs, allowing for adaptation to new regulations.