TREATFORT partner + ActionStep for AML Legal Firm – Artificial Lawyer

The right Pioneer Pioneer of Treetfort is partnership with ACtionstep, the Law Firm’s practice management company, to integrate its digital identity verification, AML and the source of funding skills on the latter platform.

Aiming to regulate compliance for middle -size legal firms, the agreement enables lawyers to perform the proper customer care without ‘context change’ and full controls to be fully within the workflow of ActionStep.

This is what they say is now possible:

• ‘Integration of workflow smoothly: Firms can start the ID, AML and the source of funds checks directly in ActionStep, reducing administrative tasks and the need to change the platform.
• Accelerated client on board: Digital verification reduces on board by up to 80%, helping firms start work faster.
• Enlarged compliance and risk management: Safe documents scanning, face recognition and encryption of banking scale help firms fulfill AML obligations with confidence. ‘

ActionStep operates in the UK, North America, Australia and New Zealand. Meanwhile, Freelfort ensures automated ID verification, money laundering (AML) and source of fund controls for individuals and businesses.

Amie HornegoldStrategic Partnership Manager in the Third Fridge, said: ‘Partnership with ActionStep is about empowering legal firms in smarter, simpler ways to meet compliance needs without disrupting their workflow.‘

WHEREAS Oliver TrompThe UK Regional President, ActionStep, added: ‘By combining our powerful practice management platform with the best Verification of the First Class of Firstfort and AML tools, we are enabling firms to reduce risk, increase efficiency and stay in accordance, while maintaining a high standard of customer service. It is a victory for firms, a win for clients and a victory for the future of the law. ‘

Treatfort has taken a long way since the first blow to the legal technology scene as part of MDR’s Laboratory of Mishcon de Reya and now there ‘Verified over two million individuals on behalf of more than 1,500 legal firms, property agents and other regulated professionals‘ – which is quite impressive scaling.

Integration with ACtionstep should help them stay close to where their customers and young potential customers already work, thus increasing business. For actionstep, the deal helps to keep customers happy by providing a wider range of skills all on one platform.

You can find more for both companies here and here.