Encompass Corporation

Rules and integrations do most of the work: EC360 runs searches directed by each bank's risk policy, applies source hierarchy and matching rules to resolve conflicts, and calculates ownership from shareholding percentages. Generative AI handles one stage, extracting data from complex documents into the profile, and the server for the Model Context Protocol (MCP) exposes the platform to a bank's own models rather than adding a model of its own. Without the document extraction, the collation, ownership and screening work would still run.

The AI policy says AI output is not treated as fact without verification and that human oversight applies where AI informs decisions. In EC360 and EC Review, validated profiles go straight through to the bank's systems or to analyst review where deeper investigation is needed, and the bank's own policy decides which. No threshold is published for when extracted data needs a second look. Exceptions are highlighted for investigation, and every extracted data point links back to its source document.

Every extracted data point links back to the original document, every action is tracked, and profiles carry full data lineage and provenance, so a reviewer can check where each attribute came from. No extraction accuracy, error rate or validation result is published, and the AI policy itself says AI output may not be fully accurate. The MCP server returns deterministic, source linked results to a bank's own AI, which keeps that path auditable. A bank can also set which approved sources each key attribute is taken from, so a profile follows its own data policy and every attribute can be cited back to its origin for an auditor.

The one quantified outcome, a 32 percent end to end onboarding time saving in year one, comes from 100 profiles at a Tier 1 bank Encompass does not name, with research conducted with Chartis Research. The named banks carry the rest: BNP Paribas, ING, RBC Capital Markets, NAB and SEB use EC360, BNP Paribas led Encompass's latest funding round and will deploy corporate digital identity, and Lori Messer of RBC Capital Markets explains on video how the bank reframed onboarding around it.

Data sent to the embedded document extraction provider is deleted from that provider's model according to the bank's own retention policy, on a deletion timeframe the bank configures, and a bank can route extraction to its own preferred model instead. Encompass does not state whether client data trains any model or how one bank's profiles are kept apart from another's. The deletion commitment at the model layer, with the bank setting the timeframe, is the boundary it does publish.

The published privacy statement covers Encompass's website and marketing rather than the bank and client data EC360 processes, and no data processing terms or subprocessor list are public. What the trust center does show is data retention procedures and deletion of customer data when a customer leaves, and documents sent to the embedded extraction model are deleted on a timeframe the bank configures.

Encompass's trust center, open to any visitor, lists SOC 2 Type II and Type I reports, its ISO 27001 certificate and statement of applicability, more than twenty policies and yearly penetration test reports for EC Public Automation and EC Private Outreach, with monitored controls shown live and documents released on request. It was recertified to ISO/IEC 27001:2022 in May 2026 and completed its SOC 2 Type II audit in December 2025.

Encompass states no license, register entry or supervisory relationship of its own, the normal posture for a data and software supplier whose bank customers carry the obligations. EC360 is built to support compliance with Financial Action Task Force standards, the EU anti money laundering directives and the regimes of the Financial Conduct Authority and the Securities and Exchange Commission.

Encompass announced on 1 October 2026 that it had completed its ISO/IEC 42001:2023 audit for an AI management system and been recommended for certification, with the certificate still to be issued. No fairness evaluation is published.

Its AI policy commits staff to identify and mitigate bias in data and algorithms, to monitor and audit for bias and performance anomalies, and to disclose AI use where it informs decisions, on a product whose AI reads corporate documents rather than scoring people.

The AI policy states that AI output may not be fully accurate and will not be treated as fact without verification, which leaves the decision and its consequences with the bank. What Encompass offers toward a challenge is provenance: each data point traces to its source document and every action is logged. Nothing addresses a corporate client wrongly flagged through extracted data, though the client can keep its own information up to date through the private outreach vault.

Document extraction runs through an unnamed large language model and extraction provider, connected by secure API and its software development kit, and a bank can substitute its preferred model. Data supplied to that provider is deleted on the bank's retention timeframe, which limits what the model layer keeps. The data chain is named: registries, regulators and stock exchanges, plus partners including LexisNexis Risk Solutions, Dun & Bradstreet and S&P Global.

EC360 delivers profiles by API, as flat files or directly into client lifecycle management, customer relationship management and core systems, and Encompass says it runs in production with Pegasystems and Capgemini's Perpetual KYC Catalyst. The MCP server exposes searches across more than 160 global registries, workflow triggers, screening and document retrieval to a bank's AI environment. Data partners include LexisNexis Risk Solutions, Dun & Bradstreet and S&P Global, and consulting partners include Accenture, Capgemini and EY.

Encompass names no cloud provider, region or residency option for a client base that spans Europe, Canada and Australia. EC360 is fully hosted software as a service, run across multiple cloud environments with data encrypted at rest and in transit.

Encompass publishes no price, tier or unit of charge for EC360, EC Review or the MCP server, and buying runs through a demo request. The return on investment calculator Encompass offers estimates savings, which supports a business case rather than a budget.

Commercial, corporate, investment and challenger banks each get their own offer, with dedicated pages for corporate and investment banking, business banking and challenger banks, and the named users span Europe, Canada and Australia. Correspondent banking and enhanced due diligence are covered alongside standard onboarding. Law firms and corporations also use the data automation, but the product is built around corporate banking.

Beyond onboarding, banks use it to clear sanctions alerts on cross border payments, pulling the ownership of payers and payees so a held payment can be released or reported quickly, and managed service providers run KYC for their own clients on the platform.