ETSOS Announces New Anti-Money Laundering Verification Service

ETSOS Announces New Anti-Money Laundering Verification Service

ETSOS the leading provider of searches to the Legal and Conveyancing sector has announced that it has agreed to supply the SmartSearch Electronic Anti-Money Laundering Verification services via the ETSOS platform. ETSOS users will now be able to gain immediate PASS/REFER results for clients without the need for traditional documents such as Passports and Driving licences. The SmartSearch reports will also assist firms in identifying Politically Exposed Persons and name matches on the HM Treasury Sanctions list, ensuring compliance with the Anti-Money laundering Regulations. 
SmartSearch is the recognised leader in this field, specialising the professional regulated sector and uses data from a wide range of sources including full Electoral Role, Experian, CCJ’s, BAI, Sanctions, PEP, Deceased data, to allow firms to comply with the Money Laundering Regulations.
The SmartSearch reports are fully integrated into the ETSOS platform and allow firms too quickly and cost effectively verifies their client’s identity, saving time for the firm and also for the client. This is especially true with remote transactions where the cost of registered post or the possibility of losing very important documents can cause harm to the client and also to the firm.
Phil Natusch ETSOS’s Managing Director “with our continued aim to be the leading One Stop Shop for our all client’s requirements the additional of the SmartSearch Electronic Anti-Money Laundering Verification will help our clients speed up the verification process without involvement of the end client”.
Martin Cheek, Managing Director of SmartSearch comments “We are pleased to be working with ETSOS, their philosophy of making life easier by putting everything in one place for their clients matches ours. They have a great reputation in the market place and continue to expand through innovation and the smart use of technology”

ETSOS

http://etsos.co.uk/

ETSOS is the one-click shop for property professionals whose innovative products and class-leading customer support has seen it become one of the fastest-growing suppliers to the UK conveyancing sector.

Our web-enabled search ordering portal has radically simplified the process of requesting conveyancing searches and related products. Through this single interface users can order: Official Local Authority Searches, Personal Local Authority Searches, Land Registry Documents, Anti money laundering products, Planning searches, Utility Searches, Drainage and Water Searches, Energy Performance Certificates, Fire risk assessments, Air conditioning surveys, Asbestos surveys, Lease plans, Floor plans, Virtual tours, Company searches. Search products are being added all the time, giving customers the widest possible choice and complete oversight of the market. Most importantly, dedicated account managers are at the end of the phone to help with any queries, to chase up outstanding searches and to use their local knowledge to help you select the optimum search option.

ETSOS customers can also access the free to use Quotation and Referral System (QRS). This can be deployed externally by law firms, where they roll it out to local estate agents and IFAs to enable them to get instant quotes on a conveyance, and to collaborate more easily. It can also be used internally, to help improve the efficiency and quality of the quotation process; law firms can generate a detailed quote in less than sixty seconds while a caller is on the phone, with the ability to email out a fully formatted PDF with a ‘click to accept’ option.


Contact: Paul Tucker

Tel: 01524 220000

Email: [email protected]

Address
Units 2 - 5
Willow Mill
Fell View
Caton
Lancaster
LA2 9RA

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