24/05/2025
A comprehensive digital system and one of the first Regtech platforms in K.S.A that allows companies to implement all regulatory requirements for due diligence measures and full compliance with all regulatory requirements such as the CMA system and its implementing regulations, as well as the AML system and its implementing regulations, and the Anti-Terrorism Crimes and Financing system and its implementing regulations.
“Sanad360” was launched as one of the most important products developed by “EsnadTech”. Despite its ease of use, it offers many professional features aimed at ensuring complete, accurate, and documented compliance with all regulatory requirements for due diligence measures, evaluating money laundering risks, and screening against local and international terrorism and prohibition lists. It also provides risk assessments, whether for the client’s risk tolerance for the product or for evaluating money laundering and terrorism financing risks, as well as preparing suitability reports, etc. The system facilitates direct, documented communication between companies and investors electronically and instantly, which helps those companies reduce costs associated with hiring front-line staff, customer service representatives, compliance officers, and anti-money laundering and terrorism financing officers. This allows the companies to focus on their core business and enhance their capabilities.
"Sanad360" Benefits:
- Accurate and easy client ID verification.
- Integration with trusted gov verification entities.
- Screening clients against all local and international watchlists.
- Ensuring that companies and individuals are not involved in any suspicious activities.
- Verification of the authorized person and the true beneficiary’s identity.
- Assessing money laundering risks for individuals and companies and providing related reports.
- Compliance with the U.S. Foreign Account Tax Compliance Act (FATCA).
- Facilitating the client’s completion of the detailed dynamic (KYC) form through a specialized and simplified mobile app.
- Ensuring full compliance with all regulatory requirements for due diligence measures.
- Providing a risk assessment report for each client (Risk Score).
- Issuing suitability reports for each product and electronically documenting and certifying investor feedback.
- A flexible cloud system that is easy to use for all beneficiaries.
- A dedicated platform for companies benefiting from “Sanad360” services.
- A specialized mobile app enabling the client to receive, complete, and track all requirements.
- Protection of personal data and confidentiality of information in accordance with relevant regulations.
- A high-security system to prevent any breaches and meet all regulatory cybersecurity requirements.
- Issuing, printing, exporting “Know Your Customer” (KYC) forms and attached reports as needed by regulatory authorities.
Get Sanad by sending email to: [email protected]
https://tinyl.co/3LHg
Download Mobile App:
https://tinyl.co/3LHi
https://gogl.to/3ab6
