smartKYC

Documents and articles are machine read in their native language and script, and relationship inference surfaces links to politically exposed and high risk persons. Without the models, what remains is the federated keyword search the product defines itself against.

Alerts arrive only by exception, classified by criticality so escalation follows each client's risk policy, and straight through processing is offered for onboarding and batch remediation. The confidence at which a hit is escalated rather than discounted is unpublished.

Each hit carries a relevance score, and findings come from source documents a reviewer can open rather than an opaque risk database. Precision, recall and validation results are unpublished, though fewer false positives at equal detection is the core claim.

InvestCloud built its Intelligent Screening product for wealth managers on smartKYC technology, announced August 6, 2025 with chief executive Dermot Corrigan quoted. No other customer is named and no outcome figure, client count or volume is published.

Screening draws on public, subscription and private sources rather than pooled customer data, and on premises deployment keeps an institution's adjudication history at home. For the multi tenant cloud, whether the history of discounted and escalated hits tunes relevance scoring, and how profiles of the same people stay separate between banks, are unstated.

Screened individuals are covered by the privacy notice from smartKYC Limited at 83 Victoria Street, London, which lists identification numbers, associations and financial history among the categories processed and separates its controller and processor roles. Retention periods for screening data and named subprocessors are not given.

ISO 27001 certification is named with certificate number 23913. Certifying body, scope and renewal date are not stated, and no SOC 2 report or trust portal is offered.

Customer and enhanced due diligence obligations from the Financial Action Task Force shape the material, along with a precise account of what supervisors find in adverse media programs, from keyword floods to English only coverage. Neither a register entry nor another formal admission stands behind the position.

Hits are scored on identity, using attributes such as age, nationality and company affiliation, and name variants are resolved across transliteration, spelling and pronunciation, which targets the false matches common names generate. That is product design rather than governance: no false positive rate by name origin or script and no named bias review process are published.

Terms updated April 22, 2026 put final compliance decisions solely on the customer, call outputs probabilistic and disclaim any warranty that AI outputs are error free. A screened person can use access, rectification and objection rights, which correct data rather than an outcome.

More than 50 sources come standard, spanning public web content, subscription databases and private data such as blacklists, so the evidentiary basis of a finding is clear. Individual data and model providers are unnamed, and subprocessors are unlisted.

API first delivery injects outputs into client lifecycle systems, and a flagged payment from connected transaction monitoring can trigger enhanced due diligence on the parties. API documentation is private, and beyond the one wealth platform partner no core banking or onboarding system is named.

On premises or cloud hosting is offered, with a multi tenant architecture for cloud, and the privacy notice keeps processing within the United Kingdom, the European Union or jurisdictions with adequate protection. Private banks holding confidential risk profiles can keep them in house.

Production access runs under a separate subscription or license agreement, which names the commercial shape without a number attached. Engagement goes through contact, and whether charges fall per screen, per monitored client or per seat is open.

Private banking, corporate and investment banking and wealth management are among the institution types served, and corporates use the same tooling for supplier screening. Coverage runs from onboarding through continuous monitoring with batch remediation, stopping short of transaction monitoring and case management.