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NOW AVAILABLE

Your EDD team,
running autonomously.

Vera conducts a full Enhanced Due Diligence investigation autonomously — documents, screening, bank analysis, risk report — in minutes, not hours.

6 min
per EDD case
10
intelligence modules
24/7
always-on, no analyst required
MENA FinTech 2024 · Best RegTech Solution
StartUp Awards · FinTech Category, London
FinCrime Tech50 2026
vera.idenfo.com/cases/GXT-2024-001
Vera
EDD Intelligence Agent
Client Name
Goldex Trading LLC
Onboarding Date
12/09/2023
Last EDD Performed
08/05/2026
Industry
Precious Metals & Jewellery
EDD Status
Review Required
Key KYC Concerns
  • Beneficial owner holds a senior role in a government-linked entity in a high-risk jurisdiction, raising potential PEP exposure.
  • Transaction pattern shows large credits followed by near-immediate outflows with no supporting invoice references — consistent with pass-through activity.
  • Declared annual turnover of AED 45M is inconsistent with account activity of AED 8M. Source of funds requires further corroboration.
  • All transactions conducted via cheque with zero electronic transfers, inconsistent with the stated scale of the business.
No PII reaches the AI model
Maker → Checker → Approver workflow
Immutable audit trail
CBUAE AML/CFT/CPF 2021
UK Money Laundering Regulations 2017
AES-256 encrypted storage
All data stays within AWS eu-west-2
7 AML risk categories
Regulator-defensible reports
Sign-off workflow built in
No PII reaches the AI model
Maker → Checker → Approver workflow
Immutable audit trail
CBUAE AML/CFT/CPF 2021
UK Money Laundering Regulations 2017
AES-256 encrypted storage
All data stays within AWS eu-west-2
7 AML risk categories
Regulator-defensible reports
Sign-off workflow built in
THE IDENFO INFRASTRUCTURE

VERA, the most powerful EDD data orchestration layer.

Three battle-tested products. One autonomous EDD layer built on top.

01
Identity Verification
AI-powered identity verification with facial recognition, NFC scanning, and fraud prevention.
02
Name Screening
Check against global sanctions, adverse media checks, PEPs and special interest.
03
Risk Rating
Automated risk scoring with continuous monitoring and consistent risk compliance frameworks.
04
VERA
Enhanced Due Diligence, the full investigation, automated in 6 minutes.
THE PROBLEM

EDD is broken.

Every regulated financial institution is legally required to conduct Enhanced Due Diligence. Today that process is expensive, slow, and structurally inadequate.

4–8 hours per case

A junior AML analyst handles ~500 cases a year. Each EDD review is manual, inconsistent, and drains compliance teams.

🧩

Fragmented tooling

KYC, transaction monitoring, CRM, and payments live in silos. No single view of risk across the client relationship.

📋

Rules-based, not intelligent

Static rules generate alert noise and miss behavioural nuance. Analysts spend more time triaging than investigating.

📅

Periodic, not continuous

Risk is reviewed once a year. A sanctions hit, a new adverse media story, or a transaction anomaly goes unnoticed for months.

📄

PDF-based governance

No portfolio visibility. No board-level financial crime intelligence. No way to spot emerging typologies across the book.

🔔

Alert backlogs

Compliance teams are overwhelmed. Backlogs grow. Regulatory pressure increases. The cost of getting it wrong keeps rising.

VERA: THE FLOW

Automated. Human always in the loop.

Four steps. From trigger to signed-off EDD report — Vera handles every step autonomously.

01
Trigger / Periodic
Case flagged automatically — PEP hit, high-risk sector, transaction threshold — or manually by your compliance officer.
02
Upload
Officer uploads existing customer documents. Vera reads them instantly. No manual data entry. No reformatting.
03
Vera Analyses
Screening, gap assessment, transaction analysis — all run in parallel. Full EDD report in 6 minutes.
04
Bank Review
Vera analyses bank statements for structuring, pass-through patterns, hawala signals and source-of-funds gaps.
05
Officer Reviews
Full report delivered in your template. Officer approves, escalates, or returns. The decision is always human.
THE VERA DIFFERENCE

The same case. A fraction of the time. A fraction of the cost.

BEFORE VERA
AFTER VERA
1–2 Days
per EDD case, manually
6 minutes
with Vera, every time
~$200
in staff time, per case
A fraction of the cost
vs. manual staff time per case
Inconsistent Quality
dependent on who writes it
Audit-ready Every Time
structured, cited and complete
No Audit Trail
just spreadsheets and emails
Immutable Record
every step logged and timestamped
Fragmented
portfolio insight
Thematic Intelligence
made stronger
HOW VERA WORKS: THE PROCESS

What your compliance team provides.

Eight intelligence modules. All run automatically on every case.

01
Identity & Documentation Intelligence
02
Ownership & UBO Intelligence
03
Behavioural Transaction Intelligence
04
Adverse Media, Sanctions & PEP Intelligence
05
Relationship Purpose Validation
06
RM & Client Outreach Automation
07
Evidence & Response Validation
08
AI-Driven Risk Decisioning
PROOF POINT

Validated. A leading bank in the UAE.

What Vera processed

  • Real EDD policy document ingested and applied
  • Live KYC gap checklist — all gaps identified and actioned
  • Two bank statements (AED + USD) analysed for ML typologies
  • DNFBP case: jewellery and precious metals sector
  • Output aligned to CBUAE inspection themes

The Result

6 minutes
Full EDD case completed
Down from a full working day
100%
Output in bank's own template
No reformatting by compliance team
CBUAE
Audit-ready narrative
Aligned to regulator inspection themes

Key assurances

Deployed within bank infrastructure (on-premises or cloud hosted)
AES-256 encrypted storage and no PII reaches the AI model
No customer data leaves your bank's environment
Full auditability and explainability
Human-in-the-loop governance
Compatible with your enterprise LLM architecture
Role-based access controls
Immutable decision logs
CAPABILITIES

10 specialist agents.

Every case runs all 10 in parallel. Each one a specialist. Together, a complete EDD investigation.

#
Agent
Domain
01
Identity & Documentation
Expired docs, OCR, forgery signals
02
Ownership & UBO Intelligence
Ownership trees, nominees, cross-case entity linkage
03
Transaction Intelligence
Pass-through, layering, structuring, behavioural drift
04
Adverse Media & Narrative
Continuous monitoring, corruption indicators, political linkage
05
Sanctions & PEP Intelligence
Direct + indirect exposure, secondary sanctions risk
06
Relationship Purpose Validation
Declared vs actual activity, commercial rationality
07
RM & Client Outreach
Context-aware clarification requests, document chasing
08
Evidence Validation
Real-time validation of RM chat responses against case evidence
09
Risk Decisioning
Weighted scoring, confidence intervals, retain/SAR/exit recommendation
10
Portfolio Intelligence
Cross-case typology detection, sectoral risk heatmaps

Ready to see Vera in action?

Book a 30-minute walkthrough and we will run a live EDD case for you.

vera.idenfo.com · UAE · UK