AML/CTF checks in one screen, your review in one more
Nagaris gives accounting firms client ID verification, PEP and sanctions screening, company checks and a structured risk assessment on one screen. It supports your firm's AML/CTF program; your firm remains the reporting entity responsible for its obligations.
What the client does
The client gets one form on their phone. Their details, the AML questions and the declaration are all on it. They then verify their ID through their own bank using ConnectID, or with photo ID and a selfie. There's no separate AML portal for them to sign into and nothing for your staff to re-key.
What your team does
The reviewer sees one screen with the ID result, PEP, sanctions and adverse media screening and company checks side by side. Risk factors fill in from the screening results and the client's answers. The reviewer confirms the rating, and the next review date is set.
For business clients, KYB pulls ASIC extracts, directors, beneficial owners and credit checks, with the risk scored for you. Beneficial ownership mapping handles corporate structures.
What the platform covers
- Client identity checks via selfie and photo ID, or bank-verified through ConnectID
- PEP, sanctions and AML watchlist screening
- Structured ML/TF risk assessments, with enhanced customer due diligence and source-of-wealth capture
- Beneficial ownership mapping for corporate structures
- Ongoing monitoring with automated review scheduling
- Internal unusual activity reporting with tipping-off safeguards
- Designated services classification
- Staff AML role assignment with training progress tracking
Every action is timestamped, so there's an audit trail of who did what and when.
Who it's for
Accounting firms that provide designated services and need customer due diligence to happen as part of normal onboarding rather than as a separate process. It suits firms that want the client's experience to stay short while the reviewer gets everything needed to make and record a decision.
Nagaris also partners with Best Practice Accounting Group on a 2-hour workshop that helps a firm build its own AML/CTF policies, procedures and staff training program.
How it connects to the rest of Nagaris
Clients complete the AML form as part of client onboarding, and every action is recorded on the client file. For the rules themselves, read the Tranche 2 AML guide, then work through the Tranche 2 readiness checklist and the customer due diligence checklist.
What it costs
AML risk assessments and PEP and sanctions screening are included in every plan. ID checks are $5 a person, bank-verified or photo ID, with PEP and sanctions screening. Company checks (KYB) are $9 to $49 a company, covering ASIC extracts, directors and beneficial owners.
Questions
Does Nagaris make my firm AML/CTF compliant?
No software can do that on its own. Nagaris supports your AML/CTF program with checks, screening, risk assessment and records, and your firm remains responsible for its obligations.
How do clients verify their identity?
Through their own bank with ConnectID, or with photo ID and a selfie, on their phone.
Does it check companies and beneficial owners?
Yes. KYB pulls ASIC extracts, directors, beneficial owners and credit checks, with the risk scored for you.
What does an ID check cost?
$5 a person, including PEP and sanctions screening. Company checks are $9 to $49.
Does it handle ongoing reviews?
Yes. When the reviewer confirms a risk rating the next review date is set, and ongoing monitoring schedules reviews automatically.
Is help available writing our AML/CTF program?
Nagaris partners with Best Practice Accounting Group on a 2-hour workshop that helps firms build their own policies, procedures and staff training.
See Nagaris in action
A 30-minute walk-through with your own clients and questions.
Schedule a demo