How they describe themselves: NordCheck was founded in late 2017 out of M-Files, one of the leading Enterprise Content Mgmt platforms (by Gartner) to apply and optimize the M-File platform for Compliance Mgmt automation. The company is rooted in the digitalized Northern European region.
Its mission is to do away with Excel sheets in compliance processes, cut short time and resources for information and document finding in a distributed enterprise infrastructure and considerably improve information consistence and compliance transparency.
How they describe their product/innovation: NordCheck is demoing an end-2-end automated compliance mgmt platform.
The majority of banks today manage KYC or AML processes or GDPR requirements with Excels and people, most probably independent from each other in the legal department, in the finance&risk function and in customer operations. Sync errors occur, double triple work is done and it still takes too much time to find relevant information and documents.
We want to show how the NordCheck solution pulls all those work processes together through a meta-data and AI based content mgmt platform.
Product distribution strategy: Direct to Business (B2B)