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

Upcoming Webinar: End-to-End Lineage for Financial Services: The Missing Link for Both Compliance and AI Readiness

8 October 2025 10:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes The importance of complete robust end-to-end data lineage in financial services and capital markets cannot be overstated. Without the ability to trace and verify data across its lifecycle, many critical workflows – from trade reconciliation to risk management – cannot be...

BLOG

From Capture to Context: Transforming Voice Comms Compliance with Theta Lake

In today’s financial landscape, voice communications compliance extends beyond simple capture and retention – it demands contextual insight and integrated oversight across multiple platforms. Firms grapple with fragmented systems, complex cloud environments, and regulatory pressures that require a more holistic compliance strategy. In this video interview, Adrian Sharp, RegTech Insight Editor at A-Team Group, talks...

EVENT

Data Management Summit London

Now in its 16th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...