Be guided through the full process of conducting Customer Due Diligence (CDD) and not miss any steps

CDD is more than just an identity check, i.e., our ‘KYC’ module. This is support by our ‘AML’ module (essential) and ‘Artwork’ module (optional.)

Ongoing GDPR-compliant storage of data collected that you need to keep for five years

(ISO 27001 certified, plus SOC 1 Type II & SOC 2 Type II and PCI-DSS)

Secure remote upload of ID document

(such as a passport) + proof of address by your clients and other Art Market Participants on whom you need to conduct Customer Due Diligence

Conduct level of due diligence required on a case-by-case basis without any hidden costs

Options include Simplifed, Standard and Enhanced due diligence. Access all features needed depending upon your risk assessment, including SPEP + Sanctions screening, high-risk jurisdiction check, identity verification, international ID documents, and more.

Add your logo and branding to the Remote Upload application

This is seen by your customers when they are uploading documents for KYC.

International ID verification using machine learning

Plus optional selfie-scan by your client that is checked by a human identity verification expert — at no extra cost.

International PEP + Sanctions screening (individuals) of +1,000 databases, checked in a second with reference links provided

Close relatives check for PEP + Sanctions (individuals)

Standalone Sanctions screenings of private individuals available with no maximum usage.

Applicable for transactions that are out of scope of AML (for example, less than 10K Euros)

High Risk Country check

(UK, EU + FATF lists checked)

Quick and easy ‘refresh’ KYC feature for returning customers

Make use of ‘Reliance’: Add a Reliance Partner and download Reliance Certificates

Reliance Partner: This is applicable when you are relying on the CDD conducted by another regulated AMP business. Reliance Certificate: This is applicable when another AMP business is relying upon the CDD that you have conducted.

Downloadable reports for CDD completed

Including for example: KYC (from the ‘Customer’ module); Reliance certificate to show what checks have been performed, at which level and results; and the ‘Transaction’ report (also useful for Reliance)

Other Reports available: ‘All tasks’ and ‘AML Training’

‘All tasks’ downloads a CSV file with an entry for al ‘In Progress’ and ‘Completed’ items in the platform. AML Training shows progress of team members and enables the download of Certificates of Completion.

Additional document upload and supplementary text options available throughout questionnaires

This supports you to take a documented, risk-based approach.

Legislation and Guidance cited throughout the platform

This is currently for the UK. References for EU member states are being added to the platform on an as-needed basis.

Key AML information including references to the Money Laundering Regulations provided in the platform

Red flags raised as a result of screening results, high-risk jurisdiction searches and more, and you may also add your own.

Red flags trigger an Enhanced Due Diligence page, which can be addressed by a Risk Manager in your account. This approach supports you to take a risk-based approach.

Email templates for requesting information from your customers.

Provided in ‘User Resources’ to help smooth out the AML process for you and your clients.

Historic – previously screened’ transactions feature

Enables you to upload data (documents, screenshots) and decision-making process from AML checks conducted prior to joining ArtAML at no additional cost.

Customer support

Available via email, telephone, WhatsApp and Zoom. We’re always happy to walk you through the process!

Standalone Document Request

This is a secure way to collect documents outside of the KYC modules. It’s useful for additional and/or replacement documents.

Use the ‘search’ function to save time

This is a secure way to collect documents outside of the KYC modules. It’s useful for additional and/or replacement documents.

Create your own tab to have a view specific to your needs. Popular view: Only see your own tasks

This is in addition to the in-built ‘In Progress’ and ‘Completed’ tab views.

Company information search

Identify UBOs, Directors & Officers, making the Customer Due Diligence process easier and faster

International Sanctions screening of companies

This is available as part of the KYC process (ArtAML’s ‘Customer (KYC)’ module as well as standalone screening

Confidential information from passports and proof of address is masked from ‘Sales’ level users

‘Red flags’ assigned to Risk Manager users.

Where you have Sales and Risk Manager users, if a red flag is raised when a Sales user is conducting CDD, the AML check will be assigned to a Risk Manager.

Sign-off procedures can be achieved with the assignment of tasks to a designated team member.

Provenance solution available for secondary market transactions

In the UK, this falls under the Proceeds of Crime Act 2002 and many AMPs like to hold compliance records for the full picture in one place.

Add users for any unused licences in your account

Differing user levels available: Risk Manager and Sales

Buy extra KYC verifications

Add user licences to your account

Team onboarding sessions available via Zoom with our Support Team

Take advantage of a half-hour 1:1 with ArtAML

Every 4-6 weeks: learn more about the ArtAML™ platform and ask questions about AML as they arise