Case Study: Ziglu reduces onboarding time with ComplyAdvantage AML screening and monitoring

Ziglu cuts onboarding time to 2 minutes 20 seconds with ComplyAdvantage

Ziglu, an electronic money institution in the cryptocurrency sector, faced the challenge of finding an Anti-Money Laundering provider to meet FCA requirements for its e-money license. They needed a solution that would ensure compliance and enhanced due diligence while minimizing onboarding time for a seamless customer experience. After a rigorous selection process, Ziglu chose to partner with ComplyAdvantage for its AML Screening and Monitoring services.

ComplyAdvantage implemented its RESTful API, which integrated quickly into Ziglu's systems and completed checks in seconds. This solution from ComplyAdvantage allowed Ziglu to automatically screen against sanctions and PEPs on an ongoing basis and receive its FCA license. The integration had a measurable impact, reducing the predicted customer onboarding time to just 2 minutes and 20 seconds, beating their initial five-minute target by over 50%.

Ziglu