Acuant vs Parallel Markets

<p>Acuant offers robust identity verification software designed to help you verify genuine customers quickly and securely across multiple channels. It enables you to perform document and biometric verification, KBA methods, and real-time risk assessments to ensure trustworthy customer engagements while reducing friction in onboarding processes.</p> <p>With Acuant, you get access to global coverage for identity verification with data from 195 countries and over 80 fraud protection checks. It benefits businesses by improving customer compliance, preventing fraud at first contact, and automating end-to-end know your business intelligence. Its network processes billions of transactions annually, helping you maintain security and grow revenue safely.</p>

<p>Parallel Markets is a compliance software platform designed to automate and streamline onboarding and KYC verification for institutional clients and individuals. It equips your compliance team with tools to collect data and documents efficiently, monitor compliance flags, and ensure ongoing adherence to regulatory obligations. The platform supports both individual and corporate onboarding, featuring beneficial owner mapping and transparent KYB services to accelerate client intake processes.</p> <p>With Parallel Markets, you can also verify investor status through its 506(c) accreditation services, simplifying capital raising and expanding your investor base. The platform offers a reusable universal investor identity called iCapital Investor Passport, saving time and resources across compliance workflows. This solution is ideal for businesses needing to meet evolving AML rules and regulatory requirements efficiently, catering primarily to financial and investment sectors.</p>