REVERI is building the AML trust platform of the future,
leveraging blockchain and the distributed ledger to streamline the exchange of AML information in order to create new operational efficiencies, and ultimately to improve systems based on speed and transparency.
MANAGING THE VOLUME AND VELOCITY OF AML DATA TO
REDUCE FRICTION AND MINIMIZE AML BREACHES
Our ethos of speed, transparency and trust resonates in our technology
-
Transforming the current fragmented framework of AML due-diligence
-
Replacing a siloed duplicative process with a shared process and infrastructure
-
Increased transparency with a utility model reduces risk for all market participants
Transforming the 1:1 market to a 1:N market
-
Interoperability within the same industry (which does not exist) and across multiple marketplaces
-
The town square model of Reveri creates real-time connectivity with relevant market authorities
-
Increased transparency with an interoperable model reduces risk for all market participants
A single source of truth
-
All individual and entities is assigned a unique Reveri ID
-
One person, with one Reveri ID shared across all entities they interface with
-
Shared infrastructure, streamlined process yield greater transparency
TRANSFORMING AML DUE-DILIGENCE TO A REAL-TIME, TRANSPARENT, AUTOMATED SHARED PROCESS TO LOWER COST AND LOWER RISK
Improved Regulatory Control and Compliance
-
Firms can allow external parties (e.g. regulators) controlled and authorized access to the data or the dashboard if required.
-
Increased transparency provides efficient monitoring and controls for third-party audits, or inquiries.
Reduced Operational Risk
-
Eliminates the need to go to several disparate sources to collect information manually and repetitively.
-
All information is made available via a single click in one dashboard.
-
All historical data is stored in a distributed ledger to meet the compliance requirements
Operational Efficiencies and Cost Savings
-
Reduces the risk of error arising from the manually checking the same information from multiple systems that is prevalent in every financial institution.
-
Creating a transparent automated and streamlined process
DIGITAL AND TRANSPARENT PROCESS
Optimizing the process with up-to-date, accurate and meaningful data
Transforming a fragmented, time-consuming duplicative process to an efficient and transparent and digital process.