Klyvon Reviews

Klyvon Description

Klyvon is a compliance software solution designed to assist Australian businesses in fulfilling their AUSTRAC Tranche 2 responsibilities. The application builds customized compliance programs that take into account specific characteristics of the firm, such as the services they provide, the types of clients they serve, and their associated risk levels. In a single session, Klyvon can produce comprehensive AML/CTF programs, conduct risk assessments, generate training materials, and create compliance calendars. It features role-based training that automatically issues certificates and retains records for seven years. The AML Guidance Engine offers immediate answers that are consistent with current legislation. Klyvon also monitors compliance deadlines for reviews, due diligence expirations, and necessary certifications, while generating documentation suitable for audits, including reports on suspicious activities. All data is securely hosted within Australia. Users can access a free plan that includes limited previews, whereas the Essential plan unlocks the complete range of functionalities. Ultimately, Klyvon streamlines the compliance process, making it easier for firms to stay on track with their obligations.