Digital compliance provider, SmartSearch, has launched a new platform with enhanced functionalities.

Based on the latest technology, the platform includes a new interface as well as a host of features.

SmartSearch’s clients across, finance, legal, property, banking, insurance, and property development now have access to bespoke configurability and automation, improved compliance standards, audit-ready reporting and strengthened Know Your Customer (KYC).

The platform allows users to manage ongoing risk and compliance through each customer’s lifecycle, with perpetual KYC that mitigates risk and frees up valuable resources.

It helps firms retain an ‘audit-ready’ status, safeguarding against the fines and reputational damage from potential breaches.

The platform identifies people on sanctions, Politically Exposed Persons (PEP), Special Interest Persons (SIP), Ultimate Beneficial Owners (UBO), and Relatives & Close Associates (RCA) in seconds.

Guy Harrison, SmartSearch CEO, said: “We are thrilled to unveil our enhanced platform. As the go-to solution for AML and risk management, this development sees SmartSearch increase its advantage in the digital compliance solutions market.

“With advanced features and improved usability, our development work marks a significant step forward in response to the demands of the modern age. The platform sets a new industry standard, cementing SmartSearch’s position as a trailblazer in a new era of compliance technology.”