SmartSearch announced a new integration with Iress, a financial services software provider known for its widely used advice platform Xplan.
The collaboration has been designed to help financial advisers overcome inefficiencies in outdated compliance processes and fragmented systems. By combining SmartSearch’s AML verification technology with Iress’ software, the partnership aims to simplify workflows, reduce risk, and enhance client experiences.
SmartSearch provides automated AML and know your customer (KYC) verification tools, enabling firms to conduct digital checks quickly and securely. Its platform offers a multi-bureau dataset for enhanced accuracy in identity verification, with reported pass rates of up to 97% and KYC checks completed in as little as two seconds.
Iress is a financial technology firm best known for Xplan, its advice and wealth management software used by advisers across the UK and beyond. Xplan is designed to support financial planning, portfolio management, and client servicing, and is relied upon by thousands of advisers to manage day-to-day operations.
The integration allows advisers using Xplan to complete AML and compliance activities directly within the system, embedding SmartSearch’s automated tools into their existing workflows. This reduces the need for manual processes and external platforms, making compliance faster and more accurate while allowing advisers to focus on client relationships.
Through this collaboration, Xplan users will now gain access to SmartSearch’s multi-bureau dataset, which offers improved electronic identity verification and reduces the likelihood of missing intelligence by relying on a single data source.
SmartSearch partnership director Kerry Cleary said, “Integrating with Iress is an exciting opportunity to extend the reach of our automated AML and KYC solutions within one of the most widely used financial advice platforms in the UK. We are giving advisers the ability to complete compliance checks in seconds, without leaving the Iress system they already rely on. This integration is about simplifying compliance and enabling advisers to focus on what really matters – building stronger client relationships.”
Iress head of product Jamie Grant said, “By integrating SmartSearch directly into Xplan, we’re bringing advisers a best-in-class AML solution within the platform they trust to run their advice business. It’s making compliance smoother, more precise and less time-consuming.”
Both firms highlighted that this integration reflects their shared commitment to driving regulatory confidence, efficiency, and innovation in the financial advice market.
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