We are pleased to announce the launch of our new online application system, where advisers will be able to onboard new clients - and have those applications verified and accepted - in as little as 30 minutes.
The online system is unique in the international platform space in that it is a straight through, end-to-end fully online process. Everything can be submitted online. This includes client identity and verification of residential address (VORA) evidence. Client ID is captured and securely submitted to the ID-Pal portal, where it is subjected to rigorous biometric, document and database checks before the client ID is verified.
Client risk assessment is also automated. Wet signatures are not needed; digital signatures can be used and accepted via DocuSign.
Advisers can complete and securely submit a new application online 24/7 from anywhere in the world.
Millenium Investment Chief Executive Officer Sarah Dunnage said:
“We believe our online application system is a real game-changer for advisers. The system is intuitive, secure and will help advisers save time in onboarding new customers.
“If the application is a standard risk case, it can be accepted and issued instantly by us, with no human intervention or need for the Millenium Investment office even to be open at that time.”