BGL launch BGLiD to simplify identity verification processes for clients

BGL Corporate Solutions (BGL), Australia’s leading provider of company compliance, self-managed superannuation fund (SMSF) and investment management software, has announced the launch of its client identity verification solution, BGLiD.

BGLiD launched at BGL REGTECH, Sydney on 1 August 2023. BGL REGTECH is BGL’s annual event that this year is focused on helping its clients Retain, Educate and Grow.

“This is another great achievement by the BGL team and I’m extremely proud of everyone involved,” said Ron Lesh, BGL’s Managing Director. “BGLiD will simplify the client identity verification process for CAS 360 clients, eliminating the need for manual ID verification.”

BGLiD is a simple client identity verification solution seamlessly integrated with BGL’s CAS 360 – the world’s leading company and trust management solution. BGLiD validates IDs across various datasets, including Government ID, Anti Money Laundering, Global Sanctions and Adverse News databases to verify an individual’s identity in seconds. BGLiD is powered by FrankieOne.

Warren Renden, General Manager – CAS 360, Ecosystem and Brand at BGL, said: “We are in the business of solving problems for our clients. BGLiD allows any CAS 360 client to complete ID verifications and AML checks using their existing CAS 360 contact data, with no set-up required.”

BGLiD will be released to all BGL clients in late August 2023. CAS 360 now supports 3,300+ clients managing 850,000+ companies and 150,000+ trusts across Australia, New Zealand and Singapore, with releases in Hong Kong and the United

Kingdom in the not-too-distant future. “We are still at the beginning of the CAS 360 journey. With Hong Kong and the United Kingdom coming soon, 1,000,000+ companies is next on our charts,” concluded Lesh.