ETNA Trader offers broker-dealers a comprehensive digital account opening solution that includes a secure method for reviewing and verifying client personal data. To expedite the KYC (Know Your Customer) verification process, we have designed our platform to allow the transfer of data from account opening questionnaires to third-party identity verification providers.
We are pleased to announce that we have successfully integrated with Trulioo, enabling our clients to directly utilize their digital verification service from the ETNA Trader Back Office interface.
What is Trulioo?
Trulioo is the identity platform global businesses turn to for growth, innovation and compliance. The platform helps companies achieve regulatory compliance, reduce risk and expand their businesses by enabling verification of more than 5 billion people and 300 million businesses across 195 countries.
Trulio identity verification service leverages artificial intelligence and machine learning, hundreds of data sources and deep expertise to deliver high match rates, compliance with regulations worldwide and the convenience customers expect.
What data is verified?
Through the ETNA Back Office, you can request verification of client names, birth dates, addresses, phone numbers, and SSNs across multiple databases. The verification results can be stored as a report to aid in making informed account opening decisions.
Is personal data securely stored and transferred?
For personal data storage purposes, ETNA utilizes the Jotforms platform, which is certified with the highest level of security, including PCI DSS Service Provider Level 1 compliance, as well as GDPR, CCPA, HIPAA, and SOC 2 compliance.