ASHFORD, KENT – 19 November 2019 – Arntzen de Besche has teamed up with PSA Consulting to automate its digital client onboarding solution using Sysero’s workflow automation technology.
The EU Money Laundering Directives, combined with an increased focus on data protection, requires law firms to create structured and documented processes for capturing client information. Arntzen de Besche will use PSA Consulting’s Custodian Onboarding Solution, powered by Sysero’s automation technology, to streamline client onboarding and acceptance.
“We have been looking for a solution that could improve our Anti-Money Laundering process and integrate the client onboarding process with our ERP system,” says Geir Taule Dotzler, Chief Financial Officer at Arntzen de Besche. “Custodian Client Onboarding enables us to align the system to our workflow, and we believe it will improve the quality of our customer data and the Anti-Money Laundering process.”
The new digital onboarding solution will use a built-in risk matrix to automatically assess a new client against Money Laundering Act requirements. Any client that falls outside the requirements will be automatically routed to a simplified workflow for further assessment to ensure compliance and once approved, automatically created in the firm’s integrated ERP system. Every step of the process will be documented for internal quality control and compliance protection.
“Digital onboarding solutions are increasingly key to creating service differentiation, and we’re thrilled to be working with PSA Consulting to help one of Norway’s leading firms further improve their working practices,” says Phil Ayton, Director of Sysero. “Using Sysero’s automation technology, Arntzen de Besche will not only be able to reduce acceptance time, but also reduce risk by ensuring compliance.”
About Sysero
Founded in 2007, Sysero is modernising the way law firms capture, maintain, share and deliver knowledge as part of the firm-client relationship. Sysero provides legal automation solutions to help firms more easily control costs, reduce risk and drive client service innovation. The company works with leading law firms around the globe, including Global Top 100, Global Top 200 and Legal 500 firms. Sysero is headquartered in Ashford, Kent, United Kingdom. For more information, please visit www.sysero.com.
About Arntzen de Besche
Arntzen de Besche is a leading Norwegian commercial law firm with more than 170 employees. Their experts assist Norwegian and international companies, public authorities and private organisations to simplify complex transactions, undertake challenging negotiations and resolve disputes of all types. The firm has a high focus on creating long-term relations and added value through the competence, experience and commercial expertise they offer.
About PSA Consulting AS
PSA Consulting is a Norwegian company on a mission to unlock trapped value in professional services organization by means of intelligent digital transformation. We work closely with ambitious Scandinavian organizations in search of leadership, guiding and empowering them to serve their clients in the best possible and most profitable way via digital tools, workflows and integrations. Learn more on www.psaconsulting.com