Bi-directional integration of the EVS and Skience platforms allows for Wealth Management Firms and RIAs to run automatic compliance checks at account opening.
Skience, a leading financial services solution and consulting provider, has partnered with Electronic Verification Systems (EVS), an industry-leading provider of reliable data and fraud prevention services, to streamline its award-winning new account opening process enabling compliance checks to be performed automatically and more effectively.
This exciting new account opening solution is designed to improve advisor productivity by reducing data entry efforts while increasing accuracy. As part of the account opening solution, time can be saved through diligently maintaining compliance standards and requirements with a wide range of regulations, increasing operational efficiency, and streamlining vendor management.
Read the release here.