Newport LawTech Firm Validient Opens Early Access for KYB Platform

Validient has announced the launch of a waiting list for its upcoming Know Your Business (KYB) platform, designed to enhance due diligence processes for law firms and other regulated entities. The new KYB functionality aims to provide users with unprecedented insight into global company ownership structures and offer comprehensive risk assessment capabilities.

Key Features of the KYB Platform:

• Global Company Ownership Structures: Validient’s platform will enable users to navigate multiple levels of business relationships, ensuring thorough due diligence at every level.
• Global Sanctions and High-Risk Traces: The platform includes the ability to flag potential risks, including ties to sanctioned individuals, countries, entities, and assets, as well as Politically Exposed Persons (PEPs).
• Comprehensive Risk Assessments: The new system offers detailed assessments of clients and matters, providing law firms and regulated businesses confidence in their compliance with international regulations.

Validient CEO Ieuan Leigh expressed excitement about the release, highlighting how the new functionality will significantly improve onboarding processes for firms. “Now you can onboard your clients with full confidence that you have conducted thorough due diligence on all levels of company ownership—well, soon you can,” he shared in a recent post on LinkedIn.

Validient is now inviting law firms and regulated entities to join its early-access program, offering free use of the platform in exchange for feedback as they fine-tune the system before its official release.

Interested parties can sign up for the early-access waiting list here.

With its focus on global compliance and enhanced risk management, Validient’s new KYB platform is set to be a game-changer for firms looking to streamline and safeguard their client onboarding processes.