3 pending applications
Sanctions
2
Retention
34%
17 onboarded
TKTK
Checking Identity
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Elevate & accelerate
business verification

Effortlessly onboard verified businesses with our white-glove experience and Know-Your-Business (KYB) compliance solution accepted by the world's largest banks.
Trusted By
Increase Conversion

Intuitive Business Onboarding Flow

Guided user-friendly interface to maximize conversion rates and reduce drop off
Intelligent data collection to gather everything you need the first time and reduce unnecessary back-and-forth
White-glove support to ensure your new business partners onboard with ease
Ensure KYB Compliance

Comprehensive 
Business Profiles

Connect the dots between entities, control persons, and ultimate beneficial owners (UBO) to onboard new partners with confidence.
  • Know-Your-Business (KYB) compliance
  • Global PEP, OFAC, Sanctions list screening
  • Articles of incorporation & other document collection
  • Ultimate Beneficial Owners (UBO) mapping
  • Public & private records screening & match
  • ID verification & liveness
  • Adverse Media screening & other risk indicators

Comprehensive Business Profiles

Connect the dots between entities, control persons, and ultimate beneficial owners (UBO) to onboard new partners with confidence.

Know-Your-Business (KYB) compliance

Global PEP, OFAC, Sanctions list screening

Articles of incorporation & other document collection

Ultimate Beneficial Owners (UBO) mapping

Public & private records screening & match

ID verification & liveness

24/7 COVERAGE

Perpetual Risk Monitoring

24/7 continuous monitoring against 10,000+ data sources to ensure AML compliance
Instant PEP, OFAC, and sanctions updates & alerts
Access to Parallel's proprietary fraud prevention network

It’s as fool-proof as you can get. Parallel Market’s has done an incredible job of making something very complicated into something that feels simple.

Alumni Ventures Group
Vice President
Streamline Operations

Unified Case Management Tool

Enable compliance and operations team productivity by streamlining back-office processes and approvals. Our intuitive dashboard equips you with the tools you need to efficiently review flags and approve new business partners, making your workflow seamless and hassle-free.

93%

reduction in average time to onboard
new business clients

26%

reduction in average
overhead cost
Integrate Seamlessly

Easy Integrations & Interoperability

Seamless integration with your existing website and back-office systems. Our flexible APIs and adaptable architecture empower you to customize your workflow, ensuring a tailored fit for your unique business needs.

Ready to get started?

Get in touch and learn how Parallel can accelerate your business.