WealthArc, Polixis team to transform KYC screening for wealth managers

WealthArc

WealthArc, a personalized global wealth management platform, has partnered with Polixis, a leader in Swiss AML & KYC global data provision.

This collaboration is set to significantly bolster WealthArc’s commitment to providing wealth managers, family offices, and wealth owners with advanced compliance solutions, integrated into a top-tier data management platform.

The partnership entails Polixis integrating its comprehensive datasets and software into WealthArc’s platform. This integration aims to automate daily KYC screenings across all client names at the click of a button. As a result, WealthArc clients will be able to swiftly generate lists of clients with positive or negative hits, facilitating a detailed analysis of any positive hits with ease.

WealthArc is renowned for its innovative solutions, having been recognized as the 2024 winner of the Best Compliance Solution at the prestigious WealthBriefing Swiss EAM Awards. “Our partnership with Polixis represents a significant step in providing our clients with the most advanced and efficient solutions available. By integrating Polixis’s unparalleled KYC capabilities into our platform, we’re not only streamlining compliance processes but also enhancing accuracy and efficiency, ensuring that our clients have access to the most reliable data to make informed decisions,” commented Radomir Mastalerz, CEO of WealthArc.

Gagik Sargsyan, CEO of Polixis, also expressed enthusiasm about the partnership, stating, “We are happy to announce this partnership with WealthArc. Enhancing their impressive platform will provide a significant number of Wealth Managers access to Private Banking grade Sanctions Screening and KYC Deep Due diligence options, which will be of great help in the increasingly strict regulatory landscape.”

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