1. Simplifying AML & KYC Compliance
AML/CTF and KYC regulations require financial professionals to verify a client’s identity, assess risk, and maintain accurate records. Lens facilitates this by:
Providing a structured fact-finding process that ensures all necessary client details are collected.
Enabling secure document uploads, such as identification and financial statements, directly within the platform.
Allowing for compliant data sharing among trusted referral partners, ensuring all parties have access to verified client information and with your client’s permission.
2. Secure & Compliant Data Handling
Handling sensitive client data comes with privacy obligations under the Australian Privacy Act. Lens helps businesses stay compliant by:
Offering a secure, cloud-based platform with encrypted data storage.
Providing controlled access via two-factor authentication, ensuring only authorised users can view client information.
Allowing businesses to customise data collection, ensuring they gather only the necessary details to meet their licensee’s compliance requirements.
3. Reducing Manual Errors & Duplication
Repetitive data entry increases the risk of human error, which can lead to compliance breaches. Lens minimises these risks by:
Integrating with AdviserLogic and Calendly, ensuring seamless data flow.
Automatically pre-filling fact finds when receiving client referrals from other professionals.
Maintaining an auditable trail of client data, supporting record-keeping requirements.
Lens isn’t just a tool for gathering client information—it’s an essential compliance partner. By automating and securing the fact-finding process, Lens helps financial advisers and accountants meet AML, KYC, and Privacy Act obligations with confidence, while improving client onboarding and collaboration.
