Client Due Diligence
Accurate, Efficient, and Compliant Onboarding for Financial Professionals
In Canada, financial professionals—including investment advisors, brokers, and wealth managers—must meet strict Know Your Client (KYC) and Anti-Money Laundering (AML) regulations. Non-compliance can lead to legal penalties, reputational damage, and financial losses.
EIS provides a smart, automated Client Due Diligence (CDD) solution that helps advisors onboard clients quickly, verify identities, and continuously meet compliance obligations—all while reducing costs and administrative burdens.
- AI-driven identity verification for KYC compliance
- Automated AML risk assessments to flag suspicious activity
- Continuous client monitoring to stay compliant with changing regulations
- Seamless Integration with wealth management & brokerage platforms
How EIS Works: A Smarter Compliance Solution for Canadian Advisors
Automated KYC & Identity Verification
Financial advisors must accurately verify client identities before opening accounts, issuing loans, or processing investments. Traditional verification is slow, manual, and prone to errors. EIS automates identity authentication using:
- Facial Recognition & ID Matching – Compares government-issued IDs with real-time facial scans.
- Document Authentication – AI detects forged or altered identity documents.
- Biometric & Multi-Factor Authentication – Ensures that clients are who they claim to be.
AI-Powered AML Screening & Risk Assessment
Financial crimes, money laundering, and fraud pose significant risks for financial institutions. EIS integrates real-time AML screening tools to detect high-risk clients before issues arise.
- PEP & Watchlist Screening – Identifies clients flagged as Politically Exposed Persons (PEPs) or linked to sanctioned entities.
- Adverse Media & Behavioural Analysis – Detects patterns of suspicious financial behaviour.
- Ongoing Transaction Monitoring – Uses AI to flag unusual deposits, withdrawals, or fund movements.
Regulatory Compliance
- FINTRAC (Financial Transactions and Reports Analysis Centre of Canada) compliance
- Canadian AML & counter-terrorist financing (CTF) laws
- Provincial securities commission regulations
Why Choose EIS? Smarter Alternative to Traditional Compliance Processes
A side-by-side comparison of legacy client onboarding vs. EIS’s AI-powered due diligence solution
Feature
- KYC Identity Verification
- AML Risk Screening
- Compliance Maintenance
- Client Experience
- Scalability
Traditional Processing
- Manual, slow, prone to fraud
- Reactive, high false positives
- Costly, time-consuming updates
- Lengthy onboarding, delays
- Limited
EIS Processing
- AI-driven, real-time verification
- Proactive, AI-powered risk detection
- Automated, real-time updates
- Fast, seamless onboarding
- Adaptable for large financial institutions
Scalable, Secure, and Integrated Compliance Technology
EIS’s AI-driven due diligence platform integrates seamlessly with:
- Portfolio management & CRM systems
- Wealth management & brokerage software
- AML risk & fraud prevention databases
Speed-to-Onboard – Reduce friction in the client experience with fast approvals.
Scalability & Flexibility – Ideal for banks, wealth advisors, brokerages, and lending institutions.
Secure Processing – All client data is encrypted and stored in compliance with PIPEDA.
Frequently Asked Questions
How does EIS verify a client’s identity?
Can EIS detect high-risk clients before account approval?
Does EIS integrate with our existing compliance systems?
Is EIS compliant with Canadian financial regulations?
Get Started
Automate Client Due Diligence Today
EIS delivers faster, fraud-resistant, and compliant onboarding—helping financial professionals reduce compliance risks, onboard clients efficiently, and meet regulatory obligations.
