KYC Managed
Services
Your KYC process in trusted hands. Fully outsourced or alongside your own team.
Your KYC, the way it suits you.
You choose how much you hand over. With Full Managed Service we take over the complete KYC/CDD process, from file build-up to periodic review. With Self Managed Service your own team does the work, with our platform and expertise behind it.
Either way you work to the latest Wwft requirements, demonstrably and under control. You keep direction and final responsibility, we make sure every file is right.
At a glance
Organisations subject to the Wwft: real estate, private equity, wealth management, funds, regional development agencies and banks.
The full customer due diligence: identification and verification, UBO research, PEP and sanctions screening, risk profile, report and periodic review.
By experienced analysts, in Wisdom or in your own system. Every file is checked; you decide on the client.
Self Managed from € 79 per month. Full Managed from € 4.99 per file per month.
Two routes, one level of quality
BlueMonks takes over the entire KYC/CDD process, from file creation to periodic review. You stay in control, we carry out the work.
Your team remains at the helm. BlueMonks provides the platform and expertise to work faster and more consistently yourself.
Not sure which approach fits best? Compare Full and Self Managed Service side by side.
Benefits.
Why outsource to BlueMonks?
External expertise
Access to specialised KYC knowledge, without having to build your own team.
Efficient
Faster turnaround times thanks to an experienced team that does nothing else every day.
Always Wwft-proof
In line with the latest requirements, demonstrable and verified.
Always up to date
We monitor changes in laws and regulations, so you don't have to.
Is this for your organisation?
Structured and compliant, from day one
In a rapidly changing business environment, adhering to strict compliance standards and minimising your risks is crucial. BlueMonks offers your organisation KYC/CDD Managed Services. Proven total solutions that ensure you always meet the latest Wwft requirements.
Frequently asked questions.
From turnaround times to responsibility under the Wwft, the most frequently asked questions at a glance.
What does outsourcing KYC to BlueMonks cost?
Self Managed Service starts at € 79 per month. Full Managed Service starts at € 4.99 per file per month, or € 7.99 per file per month including the Service Desk. See Rates for all packages.
How much time does it take to switch to BlueMonks?
That depends on the size and complexity of your files. We determine this together during the intake.
Does my organisation remain ultimately responsible under the Wwft?
Yes. The Wwft always places ultimate responsibility with your organisation. BlueMonks carries out the work within the frameworks you set and ensures that the execution demonstrably complies with the law.
What is the difference between Full and Self Managed Service?
With Full Managed Service, BlueMonks carries out the entire KYC process for you. With Self Managed Service, your own team remains in control, while BlueMonks provides the platform and the expertise to work faster and more consistently.
Can I start with Self Managed Service and switch to Full later?
Yes, that is possible. In an introductory meeting, we look at what best suits your situation at this moment and how you could grow from there.
Does BlueMonks work with my existing systems?
BlueMonks technology is designed to connect with existing CRM and compliance systems. During an intake, we look at the specific integration with your environment.