AML is a balancing act
Anti-money laundering rules are a cornerstone of a financial institution's operations. Obliged entities must conduct extensive customer due diligence at onboarding, then maintain the appropriate level of monitoring. These procedures necessarily create friction. Banks, fintechs, insurers have to balance a slew of opposing constraints: compliance, risk, cost control, customer satisfaction, and commercial efficiency.
Technology and the KYB bottleneck
Countless software vendors are marketing tools to streamline KYB procedures. Their shared promise is that modern SaaS practices and agentic AI features will liberate financial institutions from the burden of KYB. Yet these solutions all need, and often lack, a fundamental resource: information. Information is the context on which to operate, as indispensable as fuel to a car. Most of this context lies in public data and documents about companies worldwide.
Financial institutions and their vendors need a seamless process for collecting KYB information: they struggle with manual procedures, multiple technical integrations, high prices for third-party-provided data, and the risk of document fraud. They cannot or don't want to ask the final customer to provide the required documents.
A new standard for company data and documents
Commercial solutions to purchase KYB data and documents across borders exist. They are sold by providers born decades, if not centuries, ago. Such providers operate as networks and don't source the information themselves. International coverage comes at a high price and with mediocre data quality.
There is a clear market need for someone to do things differently, with transparency, efficiency and automation in mind. We will be the first company with the technical infrastructure to consolidate and enrich fragmented company data from hundreds of public sources worldwide into instantly accessible intelligence. We are providing the fuel missing for next-generation compliance and risk operations.
Looking forward
All entities subject to AML-CFT regulations need company information today and are already collecting it, one way or another. Topograph is making it far easier and faster for them to execute this task with better-quality data and documents. no stale databases, no manual searches, no compliance gaps.
We will become an international reference for AML company data and documents. We are building the technological capabilities to support our vision: advancing financial integrity through transparent and verified business identities.
Read more about why Topograph stands out as a company data provider.