SmartSearch has expanded its partnership with Twenty7Tec to provide client verification for advisers, lenders and providers across mortgages, protection and wealth.
SmartSearch’s SmartDoc, powered by Daon, will be integrated into Twenty7Tec’s ADVICE Platform.
This will enable users to verify clients securely and quickly without the need to switch between systems.
SmartDoc uses facial recognition and AI-driven checks to confirm a client’s identity from their ID and selfie.
Through this enhanced service, users will benefit from instant electronic identity and AML checks.
SmartSearch partnerships director Kerry Cleary says: “Our relationship with Twenty7tec is about making compliance simpler, smarter and more efficient for financial advisers and lenders.”
“Bringing SmartDoc into this collaboration means firms can focus on supporting their clients, knowing the checks behind the scenes are quick, accurate and fully compliant.”
Twenty7tec commercial director Nathan Reilly adds: “Building on our existing AML integration with SmartSearch to also leverage the SmartDoc capability, which will offer advice firms an extra level of KYC/AML surety through an efficient and tech enabled end user journey, was a no brainer.”
Yesterday, Twenty7tec revealed total mortgage searches fell by 14.64% to 1,405,878 in November compared to the previous month and 3.81% lower than last year.