Spring 2025 Product Update

It’s been a busy season at BNDRY. These improvements help compliance teams connect their customer data, process documentation, and compliance checks to more easily identify higher risk customers — and do more of the compliance work in one place.

Automations

Increased AML screening coverage

We increased the scope of our AML screening to search an entity for regulatory enforcement, reputational risk exposure (adverse media), and persons of interests, on top of the standard PEP and sanctions checks. This gives you even more information to assess the risk profile of a customer. When you confirm a match from a screening search, the entity is automatically tagged with the screening results.

Generate and send a link for self-verification

Whenever you need a customer to verify their identity, you can now generate a self-verification link directly from that customer’s entity profile. Once you share this link to your customer, they’ll be guided through a journey scanning their documents, checking liveness and biometrics. The details and results of the check will be logged against the entity in BNDRY. You can also trigger this flow via API, and embed BNDRY’s self-verification experience directly into your application.

Entities and activities

Track anything you need with Custom Activities

With custom activities, you can track anything you like against an entity — such as periodic reviews, a customer site visit, interactions, requests for interaction, and more. Simply define a custom activity type, log a date, and any documents or notes.

Consolidate entity documents in one place

Against every entity in BNDRY is a documents tab that aggregates all the documents attached to any activities logged against the entity.

Consolidate historic UARs and SMRs with activity logs

You can now log all your historic UARs and SMRs against an entity profile, to consolidate and retain these reports for the required seven years.

Workspaces and forms

Workspaces for any compliance process

Now, if you have any process, you can configure a form for it in BNDRY within minutes. By digitising any paper-based or document-based process in BNDRY, you automatically build an auditable history against an entity, which is stored securely and informs future intelligence and decisions.

Customise and style the external portal

Any compliance program inevitably requires processes to request information from customers. With BNDRY, you can request your customers provide data through a secure external portal, now enhanced with customisation options to configure colours and logos to align with your brand experience.

Other improvements

• Pinned fields on entities: Instantly view your most critical data points by pinning them to the top of the entity profile
• Track employee entities: Manage the due diligence and risk procedures for internal staff with a new employee category
• Entity filters: Quickly segment your entity database by applying filters to view entities by risk rating, screening results, KYC verification results, and more