Greater than 220 member firms have registered their curiosity in Guild 365, the Guild of Property Professionals’ new AML and shopper onboarding platform.
Some 91 branches are actually dwell or within the means of onboarding, with 52 at present utilizing the system. Uptake elevated in July, with a mean of 1 new department going dwell every working day.
Developed in partnership with TPS Group, Guild 365 is designed to simplify shopper verification and compliance processes for member brokers.
Paul Offley, compliance officer at The Guild of Property Professionals, mentioned: “A part of our proposition is to supply our members options to on a regular basis property company actions, and finishing AML checks on sellers and patrons is a major instance. Now we have three suppliers who we work with, and I’m delighted to listen to the superb response to Guild 365 and the way straightforward that is to make use of for each brokers and their purchasers.”
He continued: “A 3rd-party AML supplier reduces compliance danger, saves time, improves shopper onboarding, and strengthens an property company’s popularity, along with permitting the group to deal with gross sales and lettings actions.”
The platform presents a complete suite of options, together with AI-powered id verification, automated Politically Uncovered Individual (PEP) and Sanctions checks, Supply of Funds verification through Open Banking, and safe doc sharing, a single dashboard.
Iain McKenzie, CEO of The Guild of Property Professionals, commented: “The speedy adoption of Guild 365 is a testomony to the real-world challenges our Members face and their belief within the options we offer. Our objective is all the time to empower our community with instruments that not solely guarantee compliance but additionally create tangible efficiencies, permitting them to deal with what they do finest – promoting and letting properties. The constructive suggestions and robust uptake affirm that Guild 365 is delivering on that promise, and we’re thrilled to see so many Members benefiting from its capabilities.”
Craig Campbell, MD of TPS Group, added: “Guild 365 has been constructed from the bottom as much as make life simpler for brokers and their purchasers. It brings collectively every thing they should full AML and onboarding in a single easy, sensible platform, chopping admin, bettering accuracy, and giving brokers confidence that compliance is being dealt with correctly. It’s nice to see so many Guild Members embracing the know-how so rapidly, and that is solely the beginning of what’s to come back.”
