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Parallel

AML and KYC software for non-banking companies

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Parallel is AML and KYC software for non-banking companies that centralises customer onboarding, screening, risk scoring and renewals in one workflow. It addresses the manual follow-ups, fragmented tools and duplicated records that slow onboarding and make regulatory reviews harder to manage.

The platform includes adaptive KYC and KYB forms, a configurable risk scoring engine, screening against PEP and sanctions lists, periodic reviews, document-expiration alerts, audit trails and reporting dashboards. Integrations include Opensanctions, Permisso, DocuSign, Signaturit and Zapier, with connections to Gmail, Slack and HubSpot.

Parallel is aimed at regulated companies across industries, including legal, financial services and asset management. The pages describe a demo-led sales process and do not state a free plan, trial, editions or pricing model.

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