PRIMIS partners with SmartDiligence to enhance anti-money laundering checks

PRIMIS Mortgage Network has partnered with SmartDiligence to conduct what it claims are the most comprehensive anti-money laundering checks possible.

PRIMIS’s appointed representatives can carry out faster anti-money laundering searches after the change, while they will leave a soft footprint on a client’s credit record.

SmartDiligence has access to Experian, Equifax, Dow Jones and Companies House, allowing brokers to access a wide range of data in seconds.

Toni Smith, chief operating officer at PRIMIS, said: “We work hard to ensure our brokers receive a first-class proposition, including stellar compliance support. Through implementing SmartDiligence we are able to provide extensive anti-money laundering checks across the UK and worldwide in a matter of seconds.

“The initial feedback from brokers who have been using the platform has been overwhelmingly positive. ARs have unanimously told us that SmartDiligence is a much more efficient and effective way of conducting searches. We are committed to making our brokers lives easier, and we look forward to continuing to provide innovative solutions like this, to do just that.”

Martin Cheek, chief executive of SmartDiligence, said: “We are delighted to be working with PRIMIS – the support it provides for its network is already second to none in the market and the addition of the SmartDiligence platform only enhances this.

“With fraud on the rise and the fifth money laundering directive now being implemented, there has never been a time when AML services have been in greater demand.”

Read all the published stories on our PRIMIS partnership below:

Mortagage Introducer

Finacial Reporter

Money Age

Best Advice

Mortgage Finance Gazette