Jean-Marc Hénaff, I-Percept’s Chief Technology Officer, co-founded the company in November 2020 and has developed the vision for the Kappawise product suite.
The latest addition to the Kappawise Product Suite is Kappawise Vet, a software service that automates the Know-Your-Customer (KYC) process for individuals and companies, in a world where it is increasingly important for trusted parties to be working together.
We sat down with Jean-Marc to learn more about his vision, the technology driving the platform, and how it’s changing the compliance landscape.
Jean-Marc, could you start by telling us a bit about your background and how you arrived at I-Percept?
Jean-Marc Hénaff: My journey in the tech industry has always revolved around creating solutions that solve complex problems and make processes more efficient. Before I-Percept, I managed large ecosystems and technology landscapes primarily in the Insurance world and I also had a great stint as the strategic product director at one of the global software vendors. Navigating between large MNCs and startups alike made me understand that sometimes the best solutions don’t necessarily carry the most famous names, but they simply deliver what they promise. I felt that my background, and a solid appetite to fill some of the voids which I identified from market exposure, coupled with the right partners within the organization (Vasudev Gopal, Satish Kosaraju, Anand Mahaprashasta ) would be the best recipe to progress the vision.
Kappawise Vet is your latest offering. Can you explain what it does and why it’s important?
Jean-Marc Hénaff: Kappawise Vet is an automated Customer Due Diligence (CDD)-Anti Money Laundering (AML) screening platform. As businesses expand and regulations become more stringent, the need for an efficient, reliable system to conduct background checks is paramount. Kappawise Vet integrates several KYC elements into an all-in-one platform, facilitating faster, more secure checks that allow businesses to focus on growth without being overwhelmed by compliance tasks.
What are some of the unique features of Kappawise Vet that set it apart from other KYC solutions?
Jean-Marc Hénaff: One of the standout features of Kappawise Vet is its configurability. Users can tailor the platform to meet their specific requirements, adjusting business rules and responses in alignment with their operational policies. Additionally, the platform incorporates multiple integrated AML data feeds, providing real-time, context-sensitive choices for background checks. The Ultimate Beneficial Owner (UBO) discovery algorithm and Relative & Close Associates (RCA) identification capabilities are also key differentiators that enhance the depth and accuracy of our screenings. Furthermore, Kappawise Vet is available on Desktop/Notebook but is also optimized for tablets and smartphones, for agents, consultants, and relationship managers on the move. Finally, Kappawise Vet integrates well through standard APIs with any CRM or transaction portal for our customers who would want to adopt an embedded automated KYC capability within their own onboarding solution.
How does technology play a role in the development and functionality of Kappawise Vet?
Jean-Marc Hénaff: Technology is at the heart of Kappawise Vet. We leverage advanced algorithms, integrated search capabilities powered by global and reputable AML data providers, as well as Advanced Google search, and a robust case management engine to ensure that our platform exceeds the needs of our users. Our focus on automation, such as self-scoring risk evaluation matrix and one-click data synchronization from business registrars, significantly reduces the time and effort required for onboarding processes.
Looking forward, what are your goals for Kappawise Vet and I-Percept?
Jean-Marc Hénaff: Moving forward, our goal is to continue enhancing Kappawise Vet capabilities, making it even more intuitive and user-friendly while always ensuring its security features. We aim to expand our reach, helping more organizations worldwide navigate the complexities of compliance with ease and reliability. Ultimately, we want to continue driving innovation in compliance technology, staying ahead of market trends and regulatory changes.