Our Client is a private equity fund manager with €800 million AUM. The CFO needed a quick way to provide a PDFs of a new structures to meet bank AML/KYC requirements.
With only a few people in the back office and a large legal entity structure, I was drowning in admin and financial statements and couldn’t find the time to create new structure charts to satisfy bank AML/KYC requirements when seeking financing.
CFO, Private Equity Fund
Our Client sent us Excel structure charts, which Optax replicated in Emprise. We worked collaboratively to ensure the functionality met the CFO’s requirements.
Our Client was pleased that using Emprise saved more time than anticipated not only by quickly satisfying the bank’s AML/KYC but also when creating and amending structure charts for new investments and disposals.
In addition to the structure charts, our Client found that storing individual controlling person and ultimate beneficial owner (UBO) information together with the controlled entity information and source AML/KYC documentation saved even more time.
Emprise solutions:
- Structure chart – Using AI to automatically organise the chart and automation to create structure chart shapes connectors and format for the PDF
- Controlling person, director, and UBO module – stores all information and relationships for these persons with investors and/or group entities
- Document management module – stores documents for group entities, investors, controlling persons, and UBOs
To learn more about how Emprise can save you time and manage your structure charts, get in touch or read more on our website.
