Arritech | Managed Business Services

Outsource your identity verification and AML/CFT needs

Expertly Managed Services
for Your Business

Reduce your cost of compliance and free up time to focus on other business priorities.

Why Opt for Managed Business
Services in KYC and KYB

Regulated firms and corporate organisations face increasing challenges in risk management, compliance costs, and evolving regulatory requirements. As a result, striking a balance between quality compliance expenditures with cost control is crucial. That is where Arritech’s managed business services come in. By outsourcing compliance processes relating to KYC and AML screening, ongoing monitoring, and reporting, we can help enhance the efficiency and lower the costs of your business operations.

KYC and KYB Managed
Services at a Glance

Single Solution

One solution for data, software, and service.

Lower Costs

Reduce costs and administrative burdens and allow your team to focus on more practical projects.

Low Friction

We have expertly trained personnel that can start projects quickly - avoid additional consultants and staff training.

Leverage Global Data

Compare your data through single searches against global compliance data resources.

Quick Turnaround

Matches and results are escalated to you as our resolution team identifies them.

Improve Efficiency

Free up time and achieve compliance with fewer resources.

Regardless of Industry,
We Can Help You

Outsource your partner, third-party
or supplier compliance tasks
to our managed services team.

FintechCorporate Service ProvidersiGamingCryptoPayment Providers & EMIReal EstateBanksNotaries

Frequently Asked Questions

Managed business services for KYC (Know Your Customer) and KYB (Know Your Business) involve outsourcing the responsibility for maintaining and anticipating the need for various processes and functions related to customer and business identity verification. By utilising managed services, organisations can improve their operations and reduce budgetary expenditures by reducing the need for directly-employed staff. This approach allows businesses to leverage external expertise and resources to efficiently handle KYC and KYB requirements, ensuring compliance with regulations while optimising operational efficiency and cost-effectiveness.

KYC management refers to the mandatory process of verifying the identity of clients when opening an account and periodically over time. It ensures that financial institutions and regulated entities understand their customers' identities and helps mitigate the risks of fraud, money laundering, and other financial crimes. By collecting and verifying relevant information, KYC management helps establish trust, maintain compliance with regulations, and safeguard against fraudulent activities.

Managed business services and KYC SaaS (Software-as-a-Service) have similarities but differ in scope and offerings. KYC SaaS provides companies with cloud-based software for managing their KYC processes. It focuses primarily on software solutions, offering convenience and flexibility in accessing and utilising KYC tools. Managed business services encompass a broader range of support, including managing networking and hardware requirements in addition to software. Managed services can cover the following:

Comprehensive assistance.
Covering both software and hardware aspects.
Offering businesses a more holistic solution for their compliance needs.

The main difference between consulting and managed business services relates to approach and involvement. KYC consulting focuses on seeking advice and professional suggestions from experts in the field, providing guidance, recommendations, and strategic insights on KYC and KYB processes. Managed services involve external teams actively completing tasks and projects related to KYC and KYB. These teams take on the responsibility of managing and executing specific tasks, providing operational support and expertise throughout the process.

Managed business services are a way to outsource KYC and compliance tasks. By leveraging Arritech, a third-party provider, your company can delegate the responsibility for maintaining and managing its KYC processes and compliance tasks. An outsourcing arrangement allows your business to leverage our team's expertise and resources—effectively enhance efficiency, ensure regulatory compliance, and redirect your focus on other business priorities.