Automating compliance: Omnitrack now fully integrated with Zapier
We are excited to announce that Omnitrack, our compliance-focused data collection tool, is now integrated with Zapier, the premier platform that seamlessly connects over 5,000+ web applications. This integration is poised to enhance your regulatory compliance processes by facilitating effortless data collection and automated workflows, all without the need for IT expertise. How can the […]
SRA Diversity Survey 2023 – What You Need to Know
Updated 1 June 2023 The Solicitors Regulation Authority (SRA) has announced that its mandatory diversity survey will be due in the summer of 2023. The SRA will open the survey on 26 June when they will email firms with a link for reporting. The SRA has given a reporting period of four weeks – the […]
VinciWorks partners with Thirdfort for AML client onboarding solution
Omnitrack’s end-to-end AML client onboarding solution has launched a strategic partnership with Thirdfort, a leading know-your-customer and anti-money laundering platform. Thirdfort utilises real-time access to government registers around the world and best-in-class Ultimate Beneficial Owner (UBO) discovery. Over 950 businesses already rely on Thirdfort to carry out their AML checks. The partnership between VinciWorks and […]
Ongoing monitoring and AML – How important is it?
What are the implications for firms that fall short? You conducted your customer due diligence (CDD) when you onboarded your client. It’s all part of your effort to stay compliant with Know Your Customer (KYC) and Anti Money Laundering (AML) regulations. But the regulations are constantly changing, your client’s circumstances are evolving and the implications […]
Conducting an independent AML audit: Can your firm avoid raising the red flags?
As regulations are tightening and the risk landscape is continually evolving, firms are facing increasing pressure to make sure that their Anti Money Laundering (AML) compliance programme is effective. Beyond the implications of fines or damage to reputation is the very real danger of disruptions to operations and in particular criminal liability. It’s critical for […]
SRA issues warning notice on SLAPPs (strategic lawsuits against public participations): how might the notice affect your firm?
What are SLAPPs (Strategic Lawsuits Against Public Participation)? SLAPPs (Strategic Lawsuits Against Public Participation) are lawsuits that are filed with the intention of silencing, intimidating, or punishing individuals or organisations for exercising their right to free speech on matters of public concern. These lawsuits are often brought by private parties, such as corporations or individuals, […]
Omnitrack: How to use conditional descriptions to provide your form in multiple languages
Using conditional descriptions to offer translations Multi-national businesses regularly send forms to suppliers, clients, staff and contractors across the globe. The challenge is ensuring that each end user is seeing the form that is most relevant to their role, jurisdiction and, of course, their native language. Most businesses have tried to tackle this by either […]
How automatic risk scoring can enhance your AML client onboarding process
Law firms are required to conduct risk assessments, client due diligence (CDD) and ongoing monitoring on their clients. The precise processes for CDD and risk assessments are often complex and vary greatly, depending on industry and jurisdiction. What is the problem? The Fourth Money Laundering Directive, which came into force in 2017, introduced a heavy […]
New Omnitack feature: Automatically calculate scores within forms
Omnitrack, our reporting and tracking solution, is continuously being updated and improved to bring the best experience to our end-users. In our latest update, we’ve added a new field type which allows users to create dynamic scoring fields in their forms, enabling them to add/multiply/divide/subtract the value of two or more fields. For example, you […]
Omnitrack Undertaking Register – What is it and why is it important?
Part of VinciWorks’ SRA Compliance Suite: record and track all undertakings in one location The VinciWorks’ SRA Compliance Suite is hosted in Omnitrack, a powerful yet flexible data collection and reporting tool. Established use cases in the SRA Compliance suite include a Regulatory Breaches Register, a Conflicts Register, a File Review process and more. The […]
