About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Encompass Plans Corporate Digital Identity Platform Following Acquisition of CoorpID and Blacksmith KYC

Subscribe to our newsletter

Encompass Corporation, a provider of real-time digital Know Your Customer (KYC) profiles, has acquired CoorpID and Blacksmith KYC from ING to develop a platform that solves the critical challenge of identification and verification of corporate and institutional clients. ING will be a stakeholder and development partner to Encompass and will use the platform in the years ahead.

CoorpID allows global banks to automate outreach and gather private KYC data directly from corporate banking customers. A repository allows the corporate to manage all its banking relationships. For large multinationals, the platform makes it easy to store and structure KYC company documents and enables sharing with banks and business partners.

The CoorpID solution enables Encompass to build a complete KYC profile, combining authoritative public information with private information directly from customers. This offers financial institutions a full Corporate Digital Identity (CDI) providing a unified source of truth and visibility into risk.

Blacksmith KYC allows banks to configure Customer Due Diligence (CDD) requirements within a digital policy manager. This ensures relevant data and evidence are gathered and streamlines the collection process. Connecting this capability will enhance Encompass’ offering, making it easier for banks to turn manual KYC policies into automated processes and providing analysts with risk insights from the customer profiles and the ability to better monitor Financial Economic Crime (FEC) risk exposure.

Wayne Johnson, co-founder and CEO at Encompass, comments: “CDI is the future of our industry, solving critical problems for the banks we serve. These acquisitions represent a huge step forward in bringing our vision, which will transform KYC, to life.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Best approaches for trade and transaction reporting

Compliance practitioners and technology leaders in capital markets face mounting pressure to ensure that reporting processes are efficient, accurate, and aligned with global standards. Market developments and jurisdictional nuances in regulatory frameworks like MiFID II, EMIR, SFTR and MAS create a continual challenge for compliance teams. This webinar brings together senior RegTech executives and seasoned...

BLOG

Private Markets Data Opportunities Under the Microscope: Webinar Preview

As institutional asset managers accelerate their allocations into private markets, they often find themselves facing an alien landscape when it comes to data. Used to the data-driven systems that power public capital markets, investors in private markets, including private equity and private credit as well as alternatives such as property, must contend with greater opacity,...

EVENT

Buy AND Build: The Future of Capital Markets Technology

Buy AND Build: The Future of Capital Markets Technology London examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Regulatory Data Handbook 2025 – Thirteenth Edition

Welcome to the thirteenth edition of A-Team Group’s Regulatory Data Handbook, a unique and practical guide to capital markets regulation, regulatory change, and the data and data management requirements of compliance across Europe, the UK, US and Asia-Pacific. This year’s edition lands at a moment of accelerating regulatory divergence and intensifying data focused supervision. Inside,...