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The Assetz Capital platform is no longer open to investment from individual investors. No new investments into peer-to-peer loans are possible and, as a result, no new funds should be deposited. The existing loan book relating to the Retail platform is now in run-off and this will, over time, deliver the return of capital to investors. Full information can be found here . Existing Retail lenders can still log in, view information regarding their account and loan holdings and operate their account in accordance with the information regarding the run-off provided on the link above. Please see this important message regarding the currency of the information on the pages on this website.

Assetz Capital partners with LexisNexis to adopt the RiskNarrative platform

Assetz Capital partners with LexisNexis to adopt the RiskNarrative platform

We are delighted to announce our partnership with LexisNexis® Risk Solutions to adopt the LexisNexis® RiskNarrative™ platform across our business to assist with Financial Crime management.

 

The platform leverages automation, AI and machine learning to provide a market leading, sophisticated, configurable & accessible financial crime lifecycle management solution. This allows us to further enhance our KYC/AML detection capabilities as well as delivering productivity benefits to both customers and businesses.

 

The RiskNarrative™ platform improves our onboarding process as it allows colleagues to run multiple KYC/AML checks from aggregated data sources simultaneously, strengthening our checks alongside enhanced fraud detection and document verification capabilities. 

 

Oliver Ward, Group Head of Change & Lending Operations said: “Since deploying the platform, we have seen fantastic operational and productivity improvements with reductions in the time taken to complete KYC/AML checks, thereby reducing the time from application to fund for our customers.”

 

Edward Vaughan, Banking Expert at LexisNexis Risk Solutions, said: “It’s brilliant to see the RiskNarrative platform help organisations of all sizes protect their customers from the effects of financial crime. I am delighted Assetz Capital are one of our customers, and that we can support their onboarding processes, especially when the cost of compliance is at an all-time high. We look forward to future initiatives with them as they deliver an exceptional and frictionless customer experience.”

- August 16, 2022

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