Abrigo’s Account Opening software is a digital solution designed to simplify and accelerate the process of opening deposit accounts for financial institutions. It enables customers to open business or consumer accounts online or in-branch in minutes, while automating workflows to reduce manual effort. Integrated KYC/KYB verification and connections to core systems ensure compliance and efficiency.

Key Features

Convenient Application Simplifies the account opening process

• Online or in-branch applications
• Secure document uploads and digital signatures

Streamlined Workflow Automates account origination processes

• Auto-fill applications reduce manual work
• Integrated KYC/KYB and ID verification for compliance

Integration with Sageworks Unified platform for deposits and loans

• Reduces data redundancy
• Saves time with centralized workflows

Rapid Funding Expedites account funding

• Faster onboarding of deposit accounts
• Integration with existing core systems

Benefits

Enhanced Efficiency Automates complex workflows to save time and resources

• Reduces manual errors during account origination
• Speeds up funding processes for new accounts

Improved Customer Experience Offers a seamless account opening process

• Enables customers to open accounts from anywhere
• Simplifies document submission and verification

Risk Management Ensures compliance with robust verification tools

• Standardizes workflows for consistency
• Reduces risks associated with manual processes

Cost Reduction Lowers acquisition costs for new customers

• Automates onboarding to reduce operational expenses
• Streamlines processes for scalability