Verify, Screen and Decide at the Scale Banking Demands
Retail current accounts, commercial lending and building society mortgages all start from the same two questions: who is this customer, and what risk arrives with them? Simunix answers both from authoritative UK data and keeps the evidence regulators expect to see.
What Banking & Financial teams are up against
Proving customer due diligence at full volume
The Money Laundering Regulations require identity to be established before a relationship begins, yet manual review queues cost the bank customers who finish the journey with a competitor. Simunix checks each applicant across multiple UK data sources in real time, returning a 0–100 verification score with PEP, sanctions and adverse media screening included, together with identity and bereavement checks. Agreed thresholds clear routine cases automatically, and every result enters the audit trail the moment it is produced.
Commercial exposure moves faster than filed accounts
Annual review cycles leave commercial exposure unexamined for months, while the warning signs of deterioration reach Companies House well before a default does. ORBIS covers the full register across 24+ company types, assembling credit reports with real-time risk scoring that tracks filings, charges and director changes as they happen. Lending committees see the counterparty as it stands today, not as it appeared when last year's accounts were signed.
Financial crime starts with an account that should not exist
Mule accounts and laundering schemes are built on identities that should never have opened, and the cheapest intervention is the application itself. Simunix ties each new account to a multi-source identity check: synthetic identities find no footprint in those records, and stolen ones fail bereavement and identity checks, so both fail before any funds move. Beyond onboarding, PRISM-X scores transaction activity in real time and surfaces each investigation against an identity the bank has already confirmed.
What changes with Simunix
Onboarding that converts and complies
Sub-250ms API responses let verification and screening run inside the application journey. Genuine applicants clear in seconds, abandonment stops tracking the strength of your controls, and only a small minority of doubtful cases meets an analyst.
Supervision answered from the record
Every check, score and screening outcome is retained as it runs, under UK GDPR. When the FCA or the MLRO needs the basis of a past decision, the evidence exists because the check created it.
Fewer suppliers, simpler procurement
Identity verification, company intelligence and watchlist screening arrive from one supplier, on records police forces and major financial institutions already trust. Vendor due diligence happens once, and contract, support and integration costs consolidate with it.
Go deeper
Regulation rewards firms that can prove their controls, not merely describe them. Simunix compliance solutions cover KYC and AML, financial crime prevention, watchlist screening and the documented evidence behind regulatory reporting, all built on trusted UK data.
Explore → SolutionsLend, collect and extend trade credit on evidence rather than assumption. Simunix supplies company credit reports, real-time risk scoring and verified debtor contact data from authoritative UK sources, supporting credit risk assessment across the whole of the exposure lifecycle.
Explore → SolutionsFraud evolves faster than the controls built to stop it. Simunix unites real-time risk scoring, identity intelligence, behavioural analytics and ongoing monitoring in one integrated risk management solution, covering prevention, investigation and account takeover protection across regulated industries.
Explore → Product Simunix KYCIdentity verification and compliance screening, scored in under a second.
Learn more → Product ORBISConsumer and company intelligence in one auditable platform.
Learn more →Ready to get started?
See Simunix in Action.
Talk to our team and find out how Simunix can reduce fraud, accelerate onboarding, and simplify compliance at your scale.