Effective AML compliance is built on consistent screening, reliable data and clear, auditable processes
KYC is not a check. It is a state you maintain.
Screening, adverse media, beneficial ownership, individual lookup, self-declaration and risk classification — with ongoing monitoring and change detection as part of the same product, not an upgrade.
What you get
PEP & sanctions screening with automatic alerts
Continuous monitoring of clients, owners and related parties
Detection of manipulated identification documents
Audit-ready logs and secure documentation for every decision
Scalable workflows that adapt as volumes or regulation change
Integration with onboarding, signing and reporting
How it works
Single platform: centralise AML data and eliminate spreadsheets
Configurable rules: tailor risk scoring, thresholds and actions
Automated alerts: flagged risks go straight to your team
Dashboards and reports: current view, history and trends
Why IQON
Built for professionals: legal, audit, accounting and financial institutions
Hybrid: software + optional AML-as-a-service
Scandinavian reliability; enterprise-ready architecture
Fast go-live: minimal setup, immediate value
Trusted by more than 500 firms
Frequently asked questions
Does my company have to comply with KYC/AML Laws?
If your business falls under regulated sectors such as accounting, audit, legal, financial services, real estate, or payment services, then yes — you are required to perform customer due diligence, monitor clients on an ongoing basis, and report suspicious activity.
Typical obligated entities include:
Banks and financial institutions
Investment firms, fund managers and AIFMs
Insurance and payment service providers
Accounting firms, auditors and tax advisers
Lawyers providing independent legal services
Real estate agents and brokerage firms
Trust, company and business service providers
IQON helps these firms meet their AML obligations through automated screening, monitoring, audit logs and secure workflows.
What kind of information do I need to collect for the KYC processes?
You must collect enough information to verify who the client is, understand who owns or controls the business, and assess their risk level. This typically includes:
Identity information (passport, national ID, eID verification)
Address and contact details
Company registration and structure
Beneficial owners and persons with control
Purpose and nature of the client relationship
Source of funds or source of wealth when required
Ongoing updates if any information changes
IQON helps you gather this information automatically through guided workflows, eID checks and secure document collection.
Can I comply with AML laws using IQON?
Yes. IQON supports the key AML obligations required for regulated firms, including customer due diligence, PEP and sanctions screening, ongoing monitoring, risk assessments and audit-ready documentation.
Your team is still responsible for the final decisions and reporting duties, but IQON provides the tools, workflows and alerts needed to meet AML requirements efficiently and consistently.
What are your sources for sanctions lists?
IQON's data providers aggregate more than 130 international and domestic sanctions lists, including UN, EU, OFAC and other government-issued lists. The data is continuously updated throughout the day to ensure you always screen against the latest available information.
What IQON KYC covers
PEP & sanctions screening
Customers, beneficial owners, signatories and connected persons, screened as standard.
Adverse media screening
Negative news assessed alongside the list checks rather than as a separate exercise.
UBO & ownership structures
Identify, structure and maintain ownership and control information using available data and workflows.
Individual lookup
Look up and retrieve information on individuals. Available in supported markets.
KYC self-declaration
Collect the KYC declarations required for the relationship, directly from the customer.
Risk classification
A risk level per customer that you can explain, review and adjust — with the reasoning kept.
Ongoing monitoring
Ongoing screening and change detection across the whole customer base. Part of KYC, not an add-on.
Periodic and risk-based review
Support periodic and risk-based review processes, including reviews triggered by a change.
Compliance evidence
A timestamped record of what was checked, what was found and who decided.