In Meo, you have the option of sharing data easily. There is a sharing section in the top level menu where you can share. There are typically two main uses cases for sharing data:
- Sharing the data to an internal party
- Sharing the data to an external party
Sharing the data to an internal party, could for example be to a partner of the law firm. They might not have access to the compliance system, but might need access to some, or all, of the collected KYC/AML material. For this, you can make a data share to the partner giving them only access to the specific data that they need. Thus you limit the exposure of data and reduce your risk.
Sharing the data to an external party, could for example be to a bank or similar. Some of our clients are opening bank accounts on behalf of their clients and for this they can share the collected KYC data with the third party (such as a bank). Note that you need to get consent from the client before sharing any of their data to a third party.
Sharing data via the Meo platform is part of our DNA and is both secure and simple. You simply navigate to the Shares section and can then easily create a data share. Creating a data shares is a 3-step process:
- Identities and their information - Which identities do you want to share data from? Note that you can select multiple identities and e.g. share a company and the beneficial owners in one data share.
- Recipient - Who is the recipient of the data share? Provide their name and email.
- Secure access - We offer SMS as a two-factor authentication on the data share.
Note that both the email and the SMS are optional. You can omit them and then provide the recipient the link and access code through another secure channel.
Bonus information: You can see if the recipient has opened the share with the little eye-symbol on the data share list.