As financial service provider you know how time consuming your CDD and KYC process can be, both for onboarding new clients as for reviewing existing clients. With Raemonda you automate your CDD and KYC procedures, and above that you also have an automated transaction monitoring system and fully automated sanction checker on board among many other tools and features to ease your life. Originally developed for trust offices having to comply with both Wtt and… Continue reading ... continue reading
Compliance Innovations started to expand the RAEMONDA software solution to facilitate the Luxembourg clients and target companies.
Compliance Innovations started to expand the RAEMONDA software solution to facilitate the Luxembourg clients and target companies. One of the most important issues within the Financial service industry is the ‘Customer Due Diligence’ (CDD) and the ‘Know Your Client’ principle (KYC). Your office needs to know who it is doing business with, what is the origin of the funds and for what purpose the business relation is used. You should therefore have sufficient information regarding… Continue reading ... continue reading
Fully automated 2020 re 2019 ISI-Questionnaire up-and-running in RAEMONDA Every year all trust offices must complete the ISI-questionnaire over the past year. All trust offices recognise this to be a very time-consuming job. Every year RAEMONDA takes away a big portion of this burden by automating the completion as much as possible. This year is no exception because although the new ISI Questionnaire has changed a lot and has extended quite a bit, we automated the process of gathering the information for our customers. At the end of… Continue reading ... continue reading
Dear compliance professional, In this monthly newsletter (remote working, ISI questionnaire, Wwft, AML) we want to inform you about some new developments. First of all, we hope that you and those dear to you are safe and healthy. In these COVID-19 times, we are all forced to make a number of changes in our daily routine, both in our private and professional life. Remote working Remote working becomes more and more important. That is what we are… Continue reading ... continue reading