AML, KYC &
Ongoing Due Diligence for Depositories and Custodians
Steward helps depositories and custodians meet stringent AML and KYC requirements while supporting high-volume, high-complexity client relationships.
Trusted by
Why AML and KYC are uniquely complex for Depositories & Custodians
Depositories and custodians support asset servicing, settlement, and safekeeping for institutional clients. Complex structures, strict regulations, and heavy documentation make compliance hard to scale with legacy systems.
Conducting KYC/KYB across institutions, funds, and intermediaries
Managing enhanced due diligence for high-risk clients and jurisdictions
Maintaining up-to-date documentation across long-term custody relationships
Meeting FATF-aligned AML requirements while reducing false positives
Demonstrating defensible, auditable decisions during regulatory reviews
Coordinating onboarding, AML screening, and monitoring across siloed systems
How Depositories & Custodians use
Steward
Client & Institutional Onboarding
Configurable onboarding workflows support financial institutions, funds, broker-dealers, and intermediaries while reducing onboarding time without compromising regulatory standards.
KYC & KYB Verification
AI-powered document analysis and entity mapping simplify complex ownership structures, supporting scalable KYC automation solutions for both individuals and legal entities.
AML Screening (Sanctions, PEP & Adverse Media)
Embedded screening across clients, controlling parties, and related entities delivering contextual results rather than fragmented alerts, powered by AI for AML.
Risk Scoring & AML Intelligence
Dynamic risk scoring synthesises KYC data, screening outcomes, jurisdictional exposure, and historical decisions into actionable insights aligned with your AML framework.
Ongoing Monitoring & Periodic Reviews
Automated triggers detect document expiry, structural changes, or new risk indicators to support continuous compliance across long-term custody accounts.
Typical depository and
custodian use cases
Onboarding banks, funds, asset managers, and intermediaries
KYB and beneficial ownership checks for complex structures
Ongoing AML monitoring across large client portfolios
Periodic KYC reviews and regulatory refresh cycles
Sanctions and PEP screening across clients and controllers
Supporting regulatory audits with full AML/KYC audit trails
Trusted by service providers supporting complex investor risk
"What started with one fund led us to move our entire portfolio to Steward, delivering seamless, AI-powered onboarding with a highly responsive team."
Mark Pettit
CFO @ Connect Ventures
"Steward's document-first onboarding quickly extracts required information, flagging gaps, and removing blockers, even for complex structures."
D'Arcy Martin
Platform @ Outward VC
"Steward cuts manual review time, improves decision consistency, and strengthens audit defensibility, freeing compliance teams to focus on higher-value work."
Sol Alagba
Head of Compliance @ IAB Group
"What started with one fund led us to move our entire portfolio to Steward, delivering seamless, AI-powered onboarding with a highly responsive team."
Mark Pettit
CFO @ Connect Ventures
"Steward's document-first onboarding quickly extracts required information, flagging gaps, and removing blockers, even for complex structures."
D'Arcy Martin
Platform @ Outward VC
Getting started
Extend your services with these optional add-ons
Core
Start onboarding your first client in less
than 24 hours.
Standard Risk Ratings
Global onboarding requirements
AI-assisted reviews
AML Reporting
Case management
Scale
Implement your own compliance standards and processes, tailored to your wealth management practice.
Everything in Standard
Dynamic workflows
Risk Matrix adoption
Bespoke document requests
API connectivity
Customizable metrics
Frequently Asked
Questions
Product