Encompass Corporation

Encompass Corporation provides a Corporate Digital Identity (CDI) platform that automates Know Your Customer (KYC) processes for financial institutions. The company was founded in 2011 in Sydney, Australia, by Wayne Johnson and Roger Carson. The founders' impetus was a personal, costly experience with financial crime, which they realized could have been prevented with more efficient information gathering. This event shaped the company's mission to help banks reduce regulatory risk and prevent financial crime by providing a clearer picture of their corporate clients. Johnson and Carson had previously co-founded and exited a big data visualization company, Software Associates, and leveraged that experience in building Encompass. The company initially launched in Australia in 2012, focusing on applying visual analytics to corporate, property, and personal data. It soon expanded into the UK, establishing a global presence with offices in London, Glasgow, Singapore, and Belgrade. A significant milestone was the 2024 acquisition of CoorpID and Blacksmith KYC from ING. The firm's primary offering is the EC360 platform, a CDI solution that enables fast identity validation and verification of corporate clients. The platform works by aggregating and analyzing real-time data from a wide range of global public and private sources, including registries, stock exchanges, and law enforcement agencies. It connects to over 175 data products across more than 200 jurisdictions to automate the collection of information for regulatory due diligence, beneficial ownership checks, and sanctions screening. This automated process creates comprehensive digital risk profiles, unwraps complex corporate structures, and provides a full audit trail. The system is designed to integrate with existing banking systems and client lifecycle management (CLM) platforms via API. Encompass primarily serves global banks and financial institutions, helping them to streamline customer onboarding, improve operational efficiency, and ensure compliance with Anti-Money Laundering (AML) regulations. The business operates in the RegTech sector and is venture capital-backed, having raised significant funding from investors including Perennial Partners, Beacon Equity Partners, and BNP Paribas. The EC360 platform includes solutions like EC Public Automation for gathering public data and EC Private Outreach, which provides a secure digital vault for clients and banks to exchange sensitive documents. Keywords: Corporate Digital Identity, CDI, Know Your Customer, KYC automation, Anti-Money Laundering, AML, RegTech, compliance, customer onboarding, risk management, financial crime prevention, due diligence, identity verification, EC360 platform, ultimate beneficial ownership, UBO, PEP screening, sanctions screening, data aggregation, digital risk profile, client lifecycle management, regulatory technology, corporate verification, financial services compliance, Know Your Business, KYB