Tenet has developed an online anti-money laundering service to combat fraud, eliminate paperwork and enable advisers to process transactions more efficiently.
The Tenet-branded system will be delivered through the Equifax intermediary portal, MyTouchstone, and is now being rolled out to the group's advisers following completion of a successful pilot programme. It is the first partnership of its kind between Equifax and an intermediary platform. It will provider advisers with a solution with no set-up costs, no minimum spend and a specially-discounted rate of £1 per search. "It will speed up the authorisation process and provide a formidable barrier against fraud," said Tenet distribution and development director Helen Turner. "The custom...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes