Validient

Functionality

Client Onboarding

Description

Validient is a client onboarding platform tailor made for SME and Mid Market law firms in the UK.
Wales
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Bio

Validient is a client onboarding platform tailor made for SME and Mid Market law firms in the UK. The platform has an impressive range of features, with a leading Risk Assessment product.

Year Founded

2021

Locations

Wales

Key Market

Legal

Features

KYB

KYC

Ongoing Monitoring

Questionnaires

Risk Assessments

Screening

Source of Funds

Market Focus

Segmentation

  • SME
  • Mid-market

Target Markets

  • Legal
  • Financial Services
  • Commercial Businesses

Local Group

  • Legl
  • Verify 365
  • First AML
  • Thirdfort

Data sources and Integrations

Validient integrates with open banking solutions, Companies House for UK document verification, and various PEP/Sanctions databases for ongoing monitoring and compliance

Market Map

Strengths

  • Comprehensive end-to-end client onboarding
  • Strong risk assessment and customisable workflows
  • Easy to use and has a questionnaire feature that integrates into Risk Assessments

Weaknesses

  • UI/UX needs to be more polished and slick.
  • Limited KYB coverage to the UK market; data flow across KYB/KYC could improve.
  • Lacks advanced adverse media and false positive remediation capabilities

Pricing

Pricing is multi-tiered and based on users and checks. Clients must speak to the sales team for detailed pricing options.

Aventine Rating

Aventine Comment

Validient offers a robust and customisable end-to-end onboarding solution, but it very early in its journey and the UX/UI + data flow needs improvement

Raised

£741000m

Rounds

Round Details

Development Bank of Wales

Investors

  • Wesley Clover Innovation Centre
  • Alacrity Foundation

Executives

Ieuan Leigh
CEO

You can find additional resources on their official site, including downloadable documents related to compliance and KYB/KYC verification processes.