Case Study: BCP Asset Management streamlines advisor client onboarding with ID-Pal

BCP Asset Management verifies client identity in seconds with ID-Pal

BCP Asset Management was facing a slow and inefficient customer onboarding process across its network of financial advisors, which was frustrating and reduced client activity. As part of a broader digitization strategy, they sought a more effective method and implemented ID-Pal's broker model solution for digital onboarding and AML purposes.

The ID-Pal platform enabled BCP's advisors to onboard customers quickly, either in-person using an app or by sending a link for customers to complete remotely. ID-Pal's technology verified identities using liveness checks, facial comparison, and document verification. This provided a more robust compliance process and a significantly quicker, user-friendly onboarding experience that reduced the time input from all parties involved.

BCP Asset Management