Engaging with professional advisors should be simple and efficient. Onboarding and AML processes can often be time-consuming, relying on photocopies, unsecure email servers and manual form filling. With the arrival of more stringent regulations addressing money laundering and data privacy, it’s clear that photocopied passports, loose bank statements and unsecure e-mail threads have had their day.
Amiqus is a purpose-driven FinTech company that builds digital products. Working to core values of trust, privacy and accessibility, Amiqus ID saves firms time, money and hassle.
Those working in regulated professions are now obligated to conduct enhanced checks and risk assessments as a rule rather than an exception. Amiqus ID makes compliance simple; firms can collect, analyse and store necessary checks for both clients and staff.
Checks available through Amiqus ID:
- Photo ID
- Adverse Media
- PEPS & Sanctions watchlists
- Secure document transfer
- Adverse credit reporting
- Criminal record disclosures
The tool can be used on its own or integrated into existing case management software or systems, making it accessible to firms of all sizes. Checks have the option to be completed in person or from the convenience of the client’s device. Average time to complete a check is four minutes and 84% of checks are completed by clients within 36 hours.
With Amiqus ID, company’s can recheck remote clients, record internal decision making (with an automated digital audit trail) and meet regulatory obligations with ease. All information is encrypted and stored in a centralised platform, and Amiqus is certified to both the UK government Cyber Essentials Plus and the international ISO:27001:2013 standards.
Amiqus ID helps firms to save time and cost whilst providing the highest standards of data protection, and cyber security best practices.
Amiqus was founded in 2015 after Callum Murray, CEO, experienced the civil justice system first hand. Finding the process expensive, complex and slow, he saw that many existing processes could be streamlined and improved with innovative technology. After training as a mediator, Callum teamed up with software experts to design and build online tools for regulated professionals and their clients.
Following user research and prototype building (in collaboration with The Data Lab and the Royal Society of Edinburgh), the core Amiqus team released Amiqus ID. The first component in the Amiqus platform, the software was designed to simplify engagement between firms and their clients, whilst ensuring the highest standards of security. The software has now been adopted by leading finance and legal firms across the UK.
Starting with six founders, the team has now grown to thirty. While the Amiqus HQ is based in Edinburgh, their remote-first policy means that the business works out of Scotland, Ireland, England, Portugal and beyond.
Amiqus is recommended by regulatory bodies such as ICAS (Institute for Chartered Accountants in Scotland) and is a strategic partner with the Law Society of Scotland.
In 2017, Callum and his team won multiple awards, including Entrepreneurial Scotland’s Entrepreneur of the Year and Barclays’ Regional Startup of the Year, and announced Sir Sandy Crombie as Chairman.
In 2018, Amiqus won Deloitte’s Disrupt the Enterprise award, securing a six month data analyst secondee. Amiqus is currently in the final for the Julius Baer & Spectator Magazine’s Economic Disruptor award.
Sandy Crombie – Chairman
Callum Murray – CEO