Thirdfort ramps up partnership strategy with Good Law software integration

Thirdfort ramps up partnership strategy with Good Law software integration

The partnership aims to tackle surging fraud and money laundering risks for lawyers

Thirdfort, the risk management platform for professional services, has partnered with legal practice and case management platform Good Law Software (GLS) to help lawyers meet growing fraud and money laundering risks.

The seamless integration enables GLS’s clients to conduct know your client (KYC), anti-money laundering (AML) and source of funds (SoF) checks all within the GLS platform, removing the need to bolt on additional pieces of software.

The integration with GLS is a further legal platform partner for Thirdfort and closely follows its partnership with cloud-based software Dye & Durham. The move demonstrates Thirdfort’s aim to better support legal professionals as they tackle the growing fraud and compliance burden.

Thirdfort’s proprietary risk engine identifies fraud and money laundering risks faster, smoother, and more accurately than manual verification. The risk engine is powered by best-in-class KYC and AML services alongside Open Banking and transaction-specific data.

GLS is an all-in-one, cost-effective Legal Practice Management Software designed by legal professionals for legal professionals. GLS offers a complete range of integrations and features, among which FCA-approved open banking, accounting, legally optimized calendar, dashboard, advanced reports, HR, CRM, and so many more.

Matt Berry, Head of Partnerships at Thirdfort, said:

“GLS is an innovative legal software provider and we’re excited to announce our partnership. Thanks to a seamless integration, GLS’s clients will now be able to benefit from Thirdfort’s best in class product and meet their compliance requirements in a fully integrated way. We’re really pleased to add another Case Management provider to our growing ecosystem of integration partners and look forward to working more closely moving forward.”

Atef Elmarakby, Founder and CEO of Good Law Software, said:

“This is a fantastic milestone for GLS, having now fully complemented and integrated with a powerful digital ID check and AML tool such as Thirdfort. At GLS, we see Thirdfort as a powerful, easy-to-use, secure and cost-effective tool for lawyers and consumers equally.”

For more information on the partnership, please see: https://www.thirdfort.com/resources/thirdfort-partners-with-good-law-software

This article was submitted to be published by Thirdfort as part of their advertising agreement with Today’s Conveyancer. The views expressed in this article are those of the submitter and not those of Today’s Conveyancer.

Thirdfort

https://www.thirdfort.com/

 

 

Thirdfort are security specialists that are changing the way lawyers verify client identity. We work with over 500 UK law firms including Mishcon de Reya, Pennington Manches and DAC Beachcroft to provide frictionless ID and AML checks. We make life easier for both client and lawyer by combining best in class technology and dedicated support, tailored for legal.

As remote ID verification specialists, we use best in class document scanning, facial biometrics and liveness detection technology, so our clients can rest assured their client is who they say they are. Our newest offering, Thirdfort Standard, is also compliant with HM Land Registry's Digital ID Standard and offers conveyancers 'safe harbour' from recourse in case of fraud.

We allow firms to take a risk-based approach to AML by carrying out PEPs and Sanctions screenings, as well as Address Verification using our partners Experian and Comply Advantage. Thirdfort are also industry leaders in Automated Source of funds verification - we use Open Banking to retrieve digital bank statements and combine these with an in-app source of funds questionnaire for clients and giftors, so conveyancers can be sure they have the full picture.

As pioneers in the Electronic ID Verification space, at Thirdfort we pride ourselves on setting the standard for legal security, keeping clients happy and businesses risk-free.


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