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Proof 
Of Funds 
Reports

Collect up to 6 months of transactional history from clients using open banking technology. This approach leverages authorised financial APIs to connect seamlessly with the client’s bank to securely access detailed financial data with consent to generate a proof of funds report.
Proof Of Funds

Secure And Streamlined

Transaction History

Utilise Open Banking Technology

Up to 6 months of Transaction History

Suspicious Transaction

Highlight Suspicious Transactions

Secure and 
Compliant

How Does It Work?

Send Request

Set a threshold for transactions that would be considered suspicious before requesting a Proof of Funds report from the client.

Review Report

The client receives the request and has the option to consent to grant temporary access to their financial data through open banking. The data is retrieved, and transactions over the specified amount are highlighted in the report.

Additional Information

An additional questions task can be made to identify the source of wealth following the report, which can be used as evidence of your due diligence.

For Industries

Legal

The handling of complex, high-value transactions and client accounts places the legal industry in a vulnerable position with respect to money laundering. For legal teams, client identity verification is a non-negotiable component of due diligence and risk management. 

Validient specialises in the complete process of CDD, from the initial identification and verification, to the assessment of risk and ongoing monitoring on a client and matter basis, capturing the reasoning behind each decision.
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Financial Services

Known for its vulnerability to money laundering, the financial industry is categorised as high-risk with regards to AML compliance. It’s important for firms and organisations within this industry to have scalable solutions to keep up with the volume of clients with compromising compliance. 

Validient offers a standardised approach for you to collect the required information and assess the level of risk from each client, ensuring compliance with AML regulations whilst minimising friction within the onboarding process.
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Commercial Businesses

For the commercial sector, identifying and verifying commercial clients has the added complexity of navigating complex organisational structures frequently exploited by criminals for hiding their beneficial owners. 

Validient provides a clear overview of UK-based ownership structures and their associated directors and beneficial owners. Clearly identify the beneficial owner(s) that is being verified and see associated organisations.
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PEP & Sanctions Screening

As Standard

Our AML reports include Politically Exposed Persons (PEP) and Sanctions screening as standard features to efficiently identify potential PEPs and Sanctioned individuals. Report identified PEPs internally within the platform and categorise between Foreign from Domestic to help manage risk.
PEP nad Sanctions
Standards Financial Action Task Force (FATF)-01

Standards

Proof of funds helps establish the legitimacy of a client's wealth and the source of the funds involved in a transaction. Verifying the source of funds and wealth of clients is essential to AML regulations to ensure that the money comes from legitimate sources and is not the proceeds of criminal activity, following the guidance of the Financial Action Task Force (FATF).
Top Manager

Build Your Brand

At the core of the product is our unique client experience. Our platform allows you to represent your brand like never before, with custom-branded emails for welcoming clients and a fully branded portal. The whole onboarding process represents your brand using a client-centric approach and professionalism.

No App Needed

Validient doesn't need an app, that means neither you, nor clients need to download anything. One less thing for your clients to do.

Bespoke Branding

When it comes to your business, nothing is more important than the service you provide to your clients. Bespoke branding of the platform allows you to convey trust, professionalism, and a tailored user experience.
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