Identitii
At Identitii, we believe AML and CTF compliance should be easy and automated, to better help prevent financial crime
AML/CTF compliance today
80% of data used by financial institutions is unstructured, and spread across legacy technology systems, making it difficult to trust that you have a complete picture
- No single source of truth across systems and formats
- Fragmented systems that don't communicate
- Data sharing via unsecure email, spreadsheet and fax
- Structured and unstructured data
- Transaction and customer data sits in silos
- Manual processes, chasing clients for documentation
How we can help
Identitii automates how you identify, collect, report and store transaction information, so that payments can be processed quickly and AML and CTF compliance is streamlined
Overlay
Connect existing payment, reporting and customer systems so you have a single view of transactions across your entire business
Automate
Replace manual processes and spreadsheets with secure digital workflows built on pre-defined business and regulatory rules
Request
Securely request and share transaction information in any format internally, with counterparties or regulators
Report
Manage transaction data internally, or to regulators including AUSTRAC, so you have a complete and accurate view of compliance
Put the right data, in the right hands at the right time
Know you have the information you need to perform financial crime due diligence internally, with counterparties or for regulators, without replacing existing systems
AUSTRAC reporting
Automate how you identify and report IFTI’s and TTR’s, with SMR’s on the way, and create a single, auditable view of regulatory obligations.
Have the right transaction information to reduce settlement delays and ensure financial crime compliance. Automate information requests.
News and Insights
Identitii Joins Global NICE Actimize X-Sight Marketplace
8 December 2021 – Identitii Limited (ASX:ID8) (‘Identitii’, ‘the Company’) is pleased to announce that it has joined the NICE Actimize X-Sight Marketplace, which matches
What happened at COBA? Identitii wraps up the 2021 convention
Each year the Customer Owned Banking Association (COBA) brings together mutuals, credit unions, and other financial institutions from all over the country to connect over
Successful $6M Capital Raise
Identitii is pleased to announce it has received binding commitments to raise a total of $6M (before costs) via a placement (Placement) to sophisticated and
Welcome Patrick Vu, Head of Product
Identitii is thrilled to welcome Patrick Vu as our new Head of Product. Patrick has spent the last 20 years designing and developing payments and
