iMeta Technologies has integrated its Assassin entity data management platform with Avox’s recently released web services to deliver an automated solution for client onboarding and ongoing client data management.
Avox introduced web services based on application programming interfaces (APIs) that are designed to provide fast electronic access to its legal entity data early this month. The APIs allow customers to access and manage data on entities of interest in a matter of seconds or pull Avox content directly into in-house applications or entity data management solutions.
The integration of Avox web services with Assassin allows entity data to flow directly into Assassin, automating the population of core data elements required for onboarding new clients and auditing existing clients. This ensures regulatory requirements can be met quickly and efficiently and enhances the end customer experience as customer details can be processed rapidly on Assassin’s central hub.
Ben Marsh, CEO of iMeta, explains: “Our product vision for Assassin is an end-to-end client and entity data onboarding and lifecycle management platform. A large part of this is out-of-the-box connectivity to data sources. Connectivity adds value to Assassin and avoids the need for investment in connectivity. It also allows the database to be populated automatically, replacing manual processes that are prone to risk. Avox web services ensure timely, accurate information on which decisions can be made. They also reduce operational risk and cost as they require no manual processes.”
iMeta is offering connectivity between Avox web services and Assassin free of charge to its customers and prospects, and the company hopes the integration will increase market interest in its software. Looking at the complete continuum of client onboarding and data management, the company has also designed Assassin to assimilate Know Your Customer (KYC) information, credit and legal data, and product account information and standing settlement instructions, the latter provided by API connectivity to the Omgeo Alert database. Marsh says further API connectivity to KYC data sources will be made as it becomes available.
GoldenSource is also taking advantage of the Avox APIs and has integrated them with its enterprise data management software to help customers bring legal entity data onto the GoldenSource platform in real time.