We were founded in 2005 in a tiny apartment in Bucharest, Romania as DeskOver.

Fittingly, it was a customer who, in 2012, first saw the immense possibilities for us in the fledgling RPA market. Our desktop automation product launched in 2013. In 2015, we introduced our enterprise platform along with our new name.

Today, UiPath is the fastest-growing enterprise software company in history with scores of offices, thousands of employees, partnerships with the world’s best consulting and BPO firms, a 500,000-strong developer community, and 5MM+ robots at work in over 5,000 global enterprises.

Our mission is to deliver the leading Robotic Process Automation platform to our clients for an automation first mindset.

We build software robots that automate repetitive processes. Our software robots take on the tedious, mind-numbing work and free people to do the more stimulating, creative work worth doing.

But no matter how much we’ve grown, one thing hasn’t changed. We’re still building a company we love to work for

Beneficial Ownership Extraction: This process is an integral part of the Anti-Money Laundering or similar regulatory Risk Assessment and all Financial Services firms must comply with this in order to maintain licenses. During customer on-boarding process for a client, the KYC analysts must collect and update client profile including beneficial ownership information to correctly assess client risk. The analysts must ensure that all necessary information required to complete the KYC record is available and accurate. After on-boarding a client, the KYC Profile will be monitored for substantive changes to the original information captured. And finally, they must ensure that that the risk assessment of the customer has not materially changed.In most banks, ascertaining Beneficial Ownership is time consuming and prone to errors largely due to unstructured nature of the documents that serve as single source of truth. Some of these documents include Proxy Statements, Form 13F and 13D filed with SEC. Top 20 US banks spend close to USD 50 MM per annum on KYC alone and UBO is a significant overhead in this lifecycle.UiPath KYC (Ultimate Beneficial Ownership) Accelerator extracts ultimate beneficial owners from SEC Def 14A (Proxy documents), runs these list of owners through sanctions screening and politically exposed person (PEP) checks.

Accelerator extracts ultimate beneficial owners from SEC Def 14A (Proxy documents), runs these list of owners through sanctions screening and politically exposed person (PEP) checks.

Director, Functional Architect

Do we need to buy any kind of licence for Evolution. AI or would that be part of the Solution Licence?

UiPath KYC (Ultimate Beneficial Owner) Accelerator

UiPath KYC (Ultimate Beneficial Owner) Accelerator

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