FEDIX Practice management
Compliance: KYC, AML & AUSTRAC
Tools that assist with identity verification, customer risk assessment, DFAT sanctions screening and AML/CTF record keeping. Your practice remains the reporting entity and makes every decision.
Who it is for
Practice owners, compliance officers and client managers preparing for and meeting AML/CTF obligations.
Features in Compliance: KYC, AML & AUSTRAC
KYC and AML dashboard
One dashboard of customer assessments, showing what is expiring, what is incomplete and where the practice stands overall.
VideoCustomer risk assessments
Record a risk assessment for each client, with an AI-drafted analysis you can override, and sign-off options including prohibit or needs more information.
VideoSanctions screening and risk indicators
Screen clients and related people against the DFAT Consolidated Sanctions List, with AI-assisted political-exposure and adverse-media indicators to prompt your review.
Identity document evidence
Upload identity documents against a client's assessment and record their verification.
Ongoing customer due diligence reviews
Trigger customer due diligence reviews, see their history, and let a daily check bring clients due for review back into the queue.
Self-service verification links
Send clients a link so they can complete their identity verification steps themselves, including from a phone.
AML/CTF program builder
Generate your practice's AML/CTF program, keep versions, activate one and designate the compliance officer.
VideoAUSTRAC enrolment information pack
Generate an information pack from your practice data to help you prepare your AUSTRAC enrolment.
Compliance record integrity check
Check that your KYC record history has not been altered since it was written.
Threshold transaction report deadline alerts
Flag threshold transaction reports that have passed their reporting deadline so the compliance officer can act.
Online identity verification
Run identity verification sessions online, review the extracted details, and write the verified result and a PDF report to the client record.
VideoVerification usage and credits
See identity verification usage and history by month, and manage verification credits.
Email and phone verification codes
Send one-time codes by email or SMS to confirm a contact's email address or phone number before it is used.
Beneficial owner identification
Find existing clients and relationship candidates to record the beneficial owners of a company or trust during an assessment.
Verification status across onboarding
See one KYC status for a client across every onboarding flow, so "is this client verified yet?" has one answer.
More from FEDIX
See it working in your practice.
Start with one workflow and adopt more of the connected practice system over time. Your team reviews and approves the work.
14-day free trial. A payment method is required to start. Your paid subscription starts automatically when the 14 days end; cancel during the trial and you pay nothing. After the trial, a 6-month minimum term applies, then month-to-month. Commit to 12 months up front and the monthly price is 20% lower. See pricing.