Index Property Information Invites Law Firms to Discover More About Automation of Risk & Third-Party Data at Law Society AML & Financial Crime Conference

Index Property Information, a sponsor of the Law Society AML & Financial Crime online conference on 21 & 22 September 2021, is inviting small and medium sized law firms to discover more about Automation of Risk and Third-Party Data at a virtual workshop on day two of the event.

Kate Bould, Director of Index West Midlands will host the session, joined by Olly Thornton-Berry, Co-Founder and Director at Thirdfort, Tim Grant, Director at UKGlobal Ltd, and Stephen Brown, Head of Project Services at Lights on Consulting and the session will be chaired by the Law Society’s Anti Money Laundering and Economic Crime Manager, Rick Kent.

Kate Bould Director of Index West Midlands explains:

“Compliance obligations for conveyancers are critical to any sized practice. At Index, we have a full range of risk management solutions to help law firms meet regulatory requirements and we always aim to offer the highest level of support and education in relation to new legislation and trends. Therefore, we are delighted to host the session on Automation of Risk and Third-Party Data for small to medium firms with an emphasis on discussing a best practice approach and imparting knowledge linked to the risk of compliance.”

Olly Thornton-Berry, Co-Founder and Director at Thirdfort explains:

“Although the move to digital has been accelerated in the past 18 months, around 80% of all legal client onboarding is still completed manually. However, using some of the most advanced digital practices now means the whole client onboarding process can become digitalised and completed in a few minutes rather than weeks. This is just one example of how automation can improve practice productivity, free-up billable time and streamline workflows. We are looking forward to discussing automation in more detail and finding out how other approaches and solutions can also benefit law firms across different processes within the practice.”

As well as digital ID and AML checks the session will cover:

  • Source of funds for buyers and giftors
  • how to meet Safe Harbour Guidelines from HMLR
  • Electronic Signatures
  • How automation can assist with reducing PI costs.

As well as the Index hosted Automation of Risk and Third-Party Data virtual workshop, the Law Society’s Anti Money Laundering and Financial Crime online conference will also feature an informative mix of plenaries, breakouts and panel sessions with opportunities for Q&A and networking. Attendance costs £170 for practicing certificate holders and £205 for non-PC holders. To register please go to: Event summary – The Law Society


This article was submitted to be published by Index as part of their advertising agreement with Today’s Conveyancer. The views expressed in this article are those of the submitter and not those of Today’s Conveyancer.

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