GLS and Thirdfort Are Ready to Disrupt an Industry
We are proud to announce that Good Law Software (GLS) has partnered with the risk management platform for professional services, Thirdfort, to aid lawyers in tackling the ever-increasing risks of fraud and money laundering.
This integration with Thirdfort will disrupt the legal industry since it will eradicate the need for our clients to look for other software to carry out checks such as Know Your Client (KYC), Anti Money Laundering (AML) and Source-of-Funds (SoF). GLS will now provide all of these services within the system.
Thirdfort has been very dedicated and sincere with its aim to support law practitioners as they navigate the growing problem of fraud and compliance burden. The integration with GLS is an additional legal platform partnership for Thirdfort.
The partnership of GLS with Thirdfort will aid users to finish their KYC and AML checks securely and conveniently on their cellphones. It is also a quick process now and takes mere minutes to complete. This solution combines government-grade ID verification, live company AML data, PEPs and Sanctions screening and UBO discovery so that clients have the most accurate, up-to-date and reliable information, all in one place.
Via this collaboration with Thirdfort, users of GLS now have the convenience of not leaving the software in order to conduct ID & AML checks. Law practitioners can now experience flexibility over the information they can request from clients – i.e. with a Source of Funds check or an additional Proof of Address upload. Additionally, users can also complete their ID checks themselves and the legal or property professionals will continue and complete their transactions from there. The whole process has become quick and easy to do.
The best-in-class KYC and AML services, Open Banking and transaction-specific data that power Tirdfort’s proprietary risk engine identifies fraud and money laundering risks faster, smoother, and more accurately than manual verification.
GLS is an all-in-one, cost-effective Legal Practice Management Software designed by legal professionals for legal professionals. GLS offers a complete range of integrations and features, among which FCA-approved open banking, accounting, legally optimised calendar, dashboard, advanced reports, HR, CRM, and so many more.
“This is a fantastic milestone for GLS, having now fully complemented and integrated with a powerful digital ID check and AML tool such as Thirdfort. At GLS, we see Thirdfort as a powerful, easy-to-use, secure and cost-effective tool for lawyers and consumers equally,” says Atef Elmarakby, the Founder and CEO of Good Law Software, about this partnership with Thirdfort.
Likewise, the Head of Partnerships at Thirdfort, Matt Berry had this to say about the integration between the two companies, “GLS is an innovative legal software provider and we’re excited to announce our partnership. Thanks to a seamless integration GLS’s clients will now be able to benefit from Thirdfort’s best in class product and meet their compliance requirements in a fully integrated way. We’re really pleased to add another Case Management provider to our growing ecosystem of integration partners and look forward to working more closely moving forward.”
More on Good Law Software:
Good Law Software (GLS) is an all-in-one legal practise management system that provides law firms – from the small one-man start-up to the seasoned-thirty-years-going firms – with all the features necessary to efficiently run them equipping them with tools that help with timekeeping, case matter management, accounting and billing, CRM, document management and reporting. As GLS was designed with legal professionals in mind, our aim is to reduce lawyers’ pain points in day to day life by simplifying & automating administrative processes by utilising our years and years of experience and the optimised technology of our tech team to make your life easier.
GLS is the only FCA Approved legal practice management system for open banking and syncs with most UK banks. Through GLS solutions, clients will get features needed by every legal department – not just solicitors, to manage all legal accounting, track their firm’s performance and gain real-time insights into it, and achieve ultimate transparency.
More on Thirdfort:
Thirdfort is an FCA regulated business that uses a mobile app to digitally confirm a client’s identity. It has automated identity verification and AML compliance for lawyers and property professionals that help reduce risk to their business. Clients can start a secure check-in a few clicks by simply choosing which checks they need, and adding them to their name and phone number. Clients can start their ID checks instantly – straight from their phone, wherever they are. Tehirdfort will verify their identity. They incorporate passport chip reading, facial recognition and liveness checks to verify identity and make sure the submitted documents are genuine. They also use the government-grade technology that is used by the UK Home Office and NHS. Thirdfort also takes security seriously. They are regulated and authorised by the FCA, use government-backed Open Banking technology that connects to the client’s bank from their app to verify their identity without sharing any details – especially passwords, and don’t store or share clients’ banking data.