Four identity orchestration services are coming to G-Cloud 15 for government procurement Avoco has consistently qualified as an official Cloud Software supplier for the UK government. Avoco is proud to be included on the latest government procurement platform, G-Cloud 15. Four of Avoco’s verification orchestration services and related products will be available through the G-Cloud…
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Identity and authentication protocols could be a stumbling block for many Sources of Funds transactions. However, their implementation, especially of secure financial protocols such as OIDC, FAFI, and CIBA MODRNA, can be challenging for service providers. Interoperability across systems and between services is complicated by non-standard or otherwise non-interoperable protocols. Avoco Trust provides automated and orchestrated…
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What is trusted vouching, how does it work, and when would you need to offer it for Source of Funds or Source of Wealth? What is Trusted Vouching? One-size-fits-all identity systems are not fit for purpose for consumer-facing services. Many of these services require Source of Funds checks that include KYC and EDD. Trusted Vouching…
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An exploration of the verification and terms used in anti-money laundering (AML) and identity checks. The tech sector is renowned for its use of acronyms. Often, these acronyms cover more than one technology, take IDP, for example. An IDP can mean an ‘Identity Provider’ or ‘Intelligent Document Processing.’ Words and phrases, too, can mean multiple…
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The notion of the identity ecosystem is not new. However, the alignment of data, APIs, and modern protocols has created a perfect environment for that identity ecosystem to thrive Users of online services demand a simple, secure, and low-friction experience. They don’t want to go through a complicated onboarding process, which results in them managing…
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Wealth management organizations are under pressure to create exceptional customer experiences underpinned by assured, secure transactions. Identity and verification orchestration provides a framework to build wealth management platforms that meet all of these requirements. Wealth management plays a critical role in the financial well-being of many individuals and businesses. However, the wealth management landscape is…
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