KYC Solutions for UK Firms: What to Compare
Certivus AML team8 minUpdated 2026-06-27
In brief: The best KYC solution for a UK firm should connect identity verification with KYB, risk assessment, screening, evidence, and review workflows.
Key points
- Do not buy ID checks alone if the firm needs CDD evidence.
- Look for KYB, beneficial ownership, screening, and decision records.
- Pricing should be tested against real client and verification volume.
What should a KYC solution include?
A KYC solution should help a firm verify people and businesses, but the better question is whether it supports the whole CDD job. A UK practice needs identity evidence, business verification, ownership and control, screening, risk rating, and records.
Comparison criteria
- Individual ID verification.
- Company and KYB checks.
- PSC and beneficial ownership workflow.
- PEP, sanctions, and adverse media screening.
- Source-of-funds evidence capture.
- Review triggers and reminders.
- Evidence exports.
- Pricing at expected volume.
Why workflow matters
A result without a decision trail still leaves staff doing manual evidence work. Good software makes the AML file easier to understand.
This guide is general information, not legal advice. Apply it through the Money Laundering Regulations 2017, supervisor guidance, and the firm's own risk-based AML procedures.