KYB for corporate and trust service providers
Formation, registered office, nominee and trust services mean onboarding companies, trusts and foundations every week, and knowing who owns and controls each one. KYC-Chain verifies the company, maps its ownership and checks every person behind it in one case file.
One case file for the company and everyone behind it
Company registry checks
Check company registries in 149 jurisdictions, including US states and Canadian provinces: search by name or registration number where the registry offers it, and order official registry documents from inside the case.
Ownership structures
Model companies, LLCs, trusts, foundations and limited partnerships, with roles such as director, shareholder, beneficial owner, trustee and protector, a shares registry and a hierarchy view.
Every person verified
Each role can have its own requirements, and members are invited to complete them online, from ID documents and a selfie with liveness to database checks in 37 countries.
What your compliance team gets
Screening
Sanctions, politically exposed persons (four levels), adverse media, fitness and probity, regulatory enforcement and insolvency, for people and companies.
Monitoring by risk
Ongoing monitoring at a frequency set by each client's risk level, from daily to annually, with alerts and a risk recalculation.
Risk scoring
Scorecards for individuals and companies, weighing screening results, FATF lists, the Corruption Perceptions Index, nationality, residency and business type.
Periodic refresh
KYC refresh at intervals set by risk level, and reminders before identity documents expire.
Four-eyes approval
Decisions can require a second approver, with roles and permissions for each member of the team.
Audit trail
A record of the activity on every application and of every configuration change, with PDF reports and a full data export.
KYB Concierge
For a company registered outside our automated registry coverage, our specialists may be able to source its official records, and they carry out UBO discovery for complex structures, quoted per request. See KYB Concierge.
Business units
A separate unit for each office or client book, with its own branding, requirements and billing.
How onboarding a company works
The same flow for a limited company, an LLC, a trust or a foundation.
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Search the registry
Where the registry offers search, find the company by name or registration number and pull its registry profile, with its registration details, officers, capital and shareholdings where it records them.
- 149 jurisdictions
- Official documents on request
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Map the structure
Add the shareholders, directors, beneficial owners, trustees or protectors, and see the whole structure as a hierarchy.
- Companies, LLCs, trusts, foundations, LPs
- Shares registry
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Verify and monitor
Each person completes the checks their role needs, screening and risk scoring run in the same case, and monitoring continues after approval.
- ID, liveness and database checks
- Monitoring by risk level
Why service providers onboard differently
A bank onboards a company once. A corporate service provider onboards companies for a living: formations, registered offices, nominee directors, trusts and foundations, often in several jurisdictions at once and often for clients it has not met in person. Each of those entities has people behind it, and each person needs the right checks for the role they hold.
That is why the file has to start from the registry and follow the ownership down. KYC-Chain searches the company’s registry and orders official documents from inside the case, records the structure with the roles your policies use, from shareholder to protector, and invites each person to complete their own checks. Screening and risk scoring run on the company and the people together, so a match on a beneficial owner raises the risk of the whole case.
The work does not end at approval. Monitoring follows each client’s risk level, refresh dates and document expiry are tracked, and every decision, with who approved it and when, stays in the audit trail for the next review. The Corporate KYB page describes the checks themselves in more detail.
Questions from service providers
Which entity types can we onboard?
Companies, LLCs, trusts, foundations and limited partnerships, each with the member roles that fit it, such as director, shareholder, beneficial owner, trustee and protector.
Which company registries can you search?
Registries in 149 jurisdictions, including US states and Canadian provinces. For a company registered elsewhere, our KYB Concierge specialists may be able to source its official records, quoted per request.
Can each office or client book have its own setup?
Yes, on the Enterprise plan. Business units within one account each have their own branding, requirements and billing.
How does ongoing monitoring work?
Screening runs again at a frequency set by each client's risk level, from daily to annually. A new match alerts the compliance team and recalculates the risk.
Which plan do we need?
Corporate KYB, company registry checks, document orders and monitoring are on the Pro plan and above, plus per-check fees that depend on the checks you use. See pricing.
Where is the data hosted?
In Frankfurt, Germany, in the European Union. Dedicated instances are available on the Enterprise plan. See Security.
See it with your own structures
Book a demo and we will walk through a company, a trust or a foundation of your choosing.
Book a demo Or start in a sandbox