The ID Register Signs Strategic Alliance with KPMG Channel Islands Limited
Wednesday, February 14, 2018 | The ID Register
The ID Register (TIDR), an online Customer Due Diligence (CDD) platform has signed a strategic alliance with one of the leading providers of professional services, KPMG Channel Islands Limited.
Tim Andrews, Director of The ID Register (pictured right) signed the alliance with Jason Laity, Senior Partner (pictured left) and Tony Mancini, Tax Partner, KPMG.
Chris Merry Chief Executive of Ipes said, “We are delighted to form this alliance with KPMG in the Channel Islands. It provides us the opportunity to jointly promote The ID Register to potential clients, whilst also opening up new markets for this market leading onlin…
The ID Register makes senior appointments
Wednesday, January 31, 2018 | The ID Register
The ID Register has announced two senior appointments to continue its phenomenal growth since its launch 18 months ago. The online platform has appointed Mark Quigley and David Riordan to its senior team.
Mark Quigley (pictured left) joins as Legal Manager, while David Riordan (pictured right) joins as Project Manager. Both appointments are based in the Cork Office.
Mark has an extensive legal background, being qualified as an Attorney in New York and a solicitor in Ireland. He joins The ID Register from Citibank where his responsibilities included operational risk, European KYC and business control. Mark will be the c…
Game-changing ID Register goes from strength to strength with advice from Carey Olsen
Tuesday, November 14, 2017 | Carey Olsen
One year after launch, the revolutionary Guernsey-based private funds platform, The ID Register (www.theidregister.com), has grown substantially with help from Carey Olsen.
The ID Register is a universal investor onboarding platform created in response to the changing regulatory requirements and frustration in the funds industry at the lengthy paper-based processes for customer due diligence (CDD); it lets users create one complete Know Your Client and FATCA profile and share it securely with their counterparts.
Director of The ID Register, Tim Andrews, said: “The ID Register has doubled in size in less than 12 months by…
KNOW YOUR CUSTOMER: Background checks
Monday, October 30, 2017 | Fiona Rintoul (Funds Europe)
As asset managers face further pressure to carry out checks that used to be left to banks, Know-your-customer processes are industrialising. By Fiona Rintoul.
Partly in response to regulatory requirements, know-your-customer (KYC) has become an important part of client management for asset managers.
Stemming partly from an international clampdown on money laundering and tax evasion, and partly from the investor protection aims of the new Markets in Financial Instruments Directive (MiFID II), firms must compile an unholy mix of personal data and information related to a client’s investment goals.
“The primary driver in r…
ID Register celebrates its first birthday
Wednesday, August 2, 2017 | The ID Register
The ID Register an online platform which makes the Know Your Client (KYC) process quicker, easier and more cost effective celebrated its first birthday on 22 July 2017.
Since its launch the platform has grown rapidly with more than 17,500 registered investors and 140 GPs including StepStone, Gilde, Adam Street Partners and TDR Capital. It is a revolution for the investor onboarding process in the private funds market and it is proving very popular in the US market.
Backed by leading fund administrator, Ipes, The ID Register was developed in response to the changing regulatory requirements for KYC. The UK Financial Conduc…
The ID Register: A More Efficient Universal Onboarding Platform
Thursday, July 13, 2017 | StepStone Global
StepStone's latest research, The ID Register: A More Efficient Universal Onboarding Platform, examines several initiatives that Private Markets have taken to reduce the cost and complexity inherent to the investor onboarding process. Standardization in financial services has been more successful when wide-spread adoption leads to greater efficiency and does not concentrate costs to any one group. More than diffusing costs, the ID Register is a powerful tool that benefits GPs and LPs alike.
- LPs spend less time performing tedious tasks by creating one profile that contains enough information to comply with anti-money laun…