KYC and AML assessment walkthrough
Recorded on a demo practice with fictional data.
Open the video pageFEDIXCompliance: KYC, AML & AUSTRAC
Customer 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.
The problem it solves
Customer risk ratings and the reasoning behind them need to be recorded consistently so they can be shown later.
How it works
- Open the client's risk assessment.
- Review the AI-drafted analysis and draft rating.
- Override where your judgement differs, then sign off: approve, prohibit or request more information.
What your practice gets
- A consistent, recorded assessment for every client.
- Your judgement always overrides the draft.
- Clear sign-off outcomes.
Watch it in the product
A short recording of customer risk assessments in use.
Questions accountants ask
Is the AI rating final?
No. It is a draft for your review; you can override it and you sign off.
What sign-off outcomes are there?
Approve, prohibit, or mark as needing more information.
Does Fedix take on our AML obligations?
No. The AML/CTF obligations belong to your practice as the reporting entity and cannot be transferred to software. Fedix assists; you make and record every risk and reporting decision.
Related features
Features that work alongside customer risk assessments.
Client workspace
One page per client, with tabs for summary, profile, services, relationships, ATO information, identity, compliance, tasks, notes, time, billing and activity.
VideoKYC and AML dashboard
One dashboard of customer assessments, showing what is expiring, what is incomplete and where the practice stands overall.
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.
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.