Platform
Consented financial data, turned into a compliance assessment.
VeriSource transforms customer-permissioned financial data into a structured compliance assessment: verified identity, source-of-funds analysis, a financial capacity profile, AML/CTF risk indicators and a report your team can defend.
Modules
What the platform assesses.
Identity and account ownership
Confirm the customer and that the account relied on is theirs, before any of the financial analysis means anything.
Source-of-funds analysis
Trace how the money came to exist, not simply which account sent it - income, savings accumulation, transfers, third-party funding.
Source-of-wealth plausibility
Test the customer's wealth position against the data. Property, business ownership and inheritance may still need documents.
Financial capacity
Income, balances and commitments, so a transaction can be read against the customer profile rather than in isolation.
AML/CTF risk indicators
Decision support, not a determination: the patterns a reviewer should look at, with the data behind each one.
Reporting and audit trail
A compliance-ready report and a record of what was checked, what it showed and when.
Reporting
A record you can hand to a reviewer, an executive or a regulator.
The report is assembled as the work happens rather than reconstructed months later, which is what makes it defensible.
The record is evidence of what was checked. It is not a decision, a score with regulatory meaning, or a recommendation.
The report includes
- Customer details
- Reason for the check
- Consent record
- Accounts reviewed
- Verified account ownership
- Relevant income and deposits
- Source-of-funds trace
- Financial capacity summary
- Risk indicators raised
- Items requiring clarification
- Reviewer notes
- Review outcome
Outcomes
What your team ends up with.
Every assessment produces the same set of outputs, so a file reads the same way whichever reviewer opened it.
- Verified identity and bank account ownership
- Clear source-of-funds analysis
- Financial capacity profile
- AML/CTF risk indicators
- Enhanced CDD triggers
- Compliance-ready report output
- Audit trail for internal review
Capabilities
Supported, end to end.
Verify customer identity and account ownership
Confirm the person is who they say they are, and that the account being relied on is actually theirs.
Assess source of funds
Analyse consented transaction history, income patterns and fund movement behind a specific transaction.
Support source-of-wealth plausibility checks
Test whether the wealth position a customer describes is consistent with the financial data they shared.
Understand financial capacity
Build a picture of income, balances and commitments, so a transaction can be read against the customer profile.
Identify AML/CTF risk indicators
Surface the patterns worth a second look - unexplained deposits, rapid movement, third-party funding.
Create a defensible compliance evidence trail
Keep a record of what was checked, what it showed and when, assembled as the work happens.
Reduce manual document collection
Less chasing for statements, less handling of PDFs, less administrative burden on the team.
Support enhanced customer due diligence workflows
Feed the EDD step that already exists in your program, at the point it needs financial evidence.
Walk through it with us.
VeriSource is in active development. The first-user program is working with organisations that already carry these obligations, and shapes the workflow, the reporting and the commercial model.