COMPLIANCE - e4 PRODUCTS

Description

Stordoc is a complete, secure online FICA and document management solution for secure scanning and enforcing all FICA and document rules in the system (catering for individual customers and all types of juristic entities).

Stordoc includes a complete workflow system to review and approve (or reject) electronic documents and is fully compatible with our electronic signature solutions.

Stordoc is ideal for institutions looking to manage any documents received from third party channels, such as attorneys, brokers, agents, dealerships, as well as from branches.

Benefits

  • Cost savings and process efficiency gains, via paperless processing
  • Compliance benefits by enforcing compliance (FICA/KYC/AML) rules
  • Range of MIS and reports
  • Third party data sourcing and validation
  • Fraud and money-laundering mitigation
  • Enhanced security at a data and document level
  • Customer benefits and improved user experience
  • Secure, web-based review of electronic documents

Target Market

  • Financial institutions and attorneys
  • Any corporates and consumers

Description

SearchWorks is a web-based information portal enabling business sector users to perform a vast range of data searches from one secure platform. For more information on SearchWorks, please visit the SearchWorks website at www.searchworks.co.za.

Benefits

  • A single aggregated portal to access every credible source of data in South Africa
  • Accurate data through live searches (we pride ourselves on the quality of our data and support)
  • Connects business communities to source data in their respective niche
  • Fast results developed using the latest technology
  • Customisable to specific needs
  • Utilising cloud technology greatly increases the reliability and uptime of this application
  • API services available to high volume clients
  • User friendly

Target Market

  • Business communities related to the 125+ unique search types on offer
Workflow

Description

FICA X is a solution that will enable stakeholders to obtain:

(i) proof of residence & (ii) potential RSA ID documentation on their customers’ (applicants) behalf, during the client origination process, the onboarding & FICA process or any subsequent KYC processes as well as any remediation exercises. These electronic documents are obtained directly from approved sources, securely and quickly.

Target Market

  • Credit providers

Benefits

  • FICA compliance – Secure original FICA documents with instant FICA compliance
  • Major cost savings – Vastly cheaper than processing paper (minimal document checking required)
  • Anti-fraud – secure tamperproof PDF documents, mitigates ID theft and money laundering
  • Customer service – Excellent customer service (easy & instant & highly innovative)

Description

Virtual Identity is a digital solution that takes the pain out of the FICA process for clients and institutions alike.

Virtual Identity is accessible over the web or on mobile device applications (Android & iOS).

This allows a client to interact with an institution over a video conferencing link facilitating a face-to-face discussion.

The client is able to supply evidence of their identity and proof of address by taking photos of their original documents and submitting them to the agent for review and approval. This is an easy to use solution that allows a client to complete the tedious FICA process from the comfort of their home and in a few minutes. Institutions obtain all required documentation and have full audit records of the process, and they are able to fulfil all their obligations without the physical meeting.

This solution can be used for any face-to-face verification - so RICA or KYC or even Anti-money Laundering Checks.

Target Market

  • Consumers
  • Institutions

Benefits

  • Sources data from the Deeds office, Home Affairs and credit bureaus to save time in recapturing information about the client
  • Makes use of location services on the client's device to show where the client is calling from
  • Performs facial recognition across multiple documents to verify the caller's identity to the supplied documents
  • Sources documents from electronic sources (FICA X) to obtain proof of address information
  • Recording of calls for record purposes
  • Creates a summary report which serves as evidence that FICA has been carried out on the client
  • Can be integrated into an institution's existing products and solutions

Description

This solution allows institutions to manage any panel of service providers, by allowing them to upload specific compliance information and documentation, as specified by the institution. These customisable rules are pre-defined in the solution and will guarantee that all entities are compliant. The solution will pro-actively manage the level of compliance of each entity and will actively send reminders to specific entities, advising them to comply.

Target Market

  • Attorneys for now (but this could be any company or juristic) 
  • Institutions

Benefits

  • Online platform to manage and control levels of panel compliance for service providers
  • Specific compliance rules built into the solution
  • Ability to upload all required compliance data
  • Ability to upload all required compliance documents
  • Triggers for pro-active management
  • Real-time compliance status
  • Full reporting on all critical data
  • No more faxing of data
  • No more emails back and forth