Central Onboarding Hub - The ID Register

FUND SUBSCRIPTION | KYC | FATCA-CRS

Central Onboarding Hub

A Better Investor Experience

Current Problem The Solution

Investors own their profile…

Investment A Investment B

Manual paper solution

Poor visibility of

what is stored where

Repetitive requests for

documents and data

Excessive hours collating

documents data for fund close

Last minute rush to

closing deadline

Sharing sensitive data and

documents by email

Fund Composition

Investor Experience

Faster Easier Done once

Fund Managers

and Administrators

Can trust our work

▪ Fund Subscription

▪ KYC

▪ FATCA-CRS

One-and-done secure and private ‘passport’ for:

…and control investments to which the

information is shared

Onboarded from

previous funds

Invested

in other

managers

on TIDR

Brand new investors

80%

8%

12%

Fund

SubscriptionSteps

Invite

omplete

onnect

eport

Fund Subscription - Simplicity for Investors

We help your investors subscribe and your fund to launch more quickly, easily and accessibly.

▪ One and done: Universal Subscription

Questionnaire service offers a securities law

questionnaire developed with input from over

35 global legal firms.

▪ No more confusion: Investors complete only

the questions that are relevant for their

investment.

▪ Shrink your Subscription booklet: To only a

few pages.

▪ Lower Legal Fees: Costs reduce from faster

fund launches and less legal time spent

chasing your investors.

▪ Faster closings: Our dedicated Fund Closing

team helps your investors and works with your

counsel to your deadline.

Our Experience 2020

Fund Closes: 100+ | Fund Sizes: $100m ~ $3.5Bn | Investor Profiles 25,313

KYC

Steps

A One-and-Done ‘Passport’

▪ Intuitive and trusted: Know Your Customer

service allows investors to create and complete

a profile once and then share it with their

investments.

▪ Pre-populated information makes investors’

lives easier.

▪ Internationally compliant: KYC profile adopts

the highest international standards across all

principal fund jurisdictions.

▪ Digital document verification – no need to

send paper copies for signing.

▪ Investor owns their information and controls

exactly who can see it which helps managers

to be GDPR compliant.

Our Experience 2020

Investors from 78 countries | Pension Plans: 747 | Universities: 158

reate Profile

pload vidence vidence

anctions creenin

Profile eview

Profile pproved and hared

MANAGED

KYCSteps

Greater Privacy | No Hassle

▪ Complete your private profile once: We

approve you once then handle all KYC

enquiries from anywhere in the world.

▪ You control your private profile on our platform

and can update it any time.

▪ Investment, Banks, Administrators and

Lawyers can all rely on our approval.

▪ We approve to the highest common

international standards.

▪ As a regulated firm, service providers, banks,

investments, and any other of your

counterparties can rely on our approval quickly

and easily.

Our Experience 2020


Complete Your

Profile

The ID Register

Approves It

Connect Your One-and-done

Secure and Private 'Passport'

INBOUND

KYCSolution

Eliminate KYC Hassle From Your Investments

▪ We create and approve full KYC profiles on

your investments as part of Investment Due

Diligence.

▪ Screen the shareholders and co-investors

within your portfolio and keep the information

up to date.

▪ Banks and service providers requests to

your portfolio can rely on us and test our

records through our platform.

▪ All queries are handled by our helpdesk on

your behalf.

▪ So, you and your investments can focus on

building value rather than chasing KYC.

Our Experience 2020


COMPLETE

You control your private profile on

our platform and can update it any

time.

TRUSTED

Your portfolio CFOs can focus on

building great businesses rather

than chasing for KYC when working

with new vendors.

SIMPLE

Our pricing is clear and transparent

over the life of the investment.

lassif

e ister

Investi ate

eport Reports Submitted: 5,166 | Jurisdictions Reported: 26 | US States: 47

FATCA-CRS

Steps

A Complete and Trusted solution

Our Experience 2020

▪ Experienced FATCA-CRS service ensures

fund managers are compliant by reporting only

necessary investors to their relevant tax

authority.

▪ End-to-End Service developed with KPMG

provides automated report submission

functionality to the relevant jurisdiction.

▪ Data is reused from Subscription and KYC

services to prepare the FATCA return, so

minimising requests to investors.

▪ Live dashboard shows clear submission

across all fund vehicles and their investors.

MLRO & MLCOOur team can:

Supporting You With Piece of Mind

We will approve your KYC and take responsibility as MLRO-MLCO. The data in our system will be

used to complete regulatory testing and reporting through your fund's life cycle.

▪ Simple for us: The data is already in our system.

▪ Simple for you: The Board receives a quarterly board pack of all relevant information regarding your investors.

▪ No further data collection: All the information we need will have been collated via the KYC service. We provide you with

the key MI reports on a quarterly basis.

▪ Reporting for you: The MLRO will deal with all aspects of unusual activity, including dealing with the FIU, on your behalf.

▪ Reporting to you: Our established quality assurance program will be tailored specifically to your investors and provide your

Board with our findings and recommendations.

MLRO

- Take named responsibility for KYC

across the fund and its investors.

- Liaise with the AML authorities on

your behalf if ever required.

MLCO

- Ensure that your policies and

procedures are fully, but sensitively,

updated to current best practice.

- Test adherence and effectiveness

of the KYC policy.

- Report any breaches or defects to

the fund board.

Simple Pricing

Fund Manager or

Administrator

Pricing Matrix

Subscription

KYC Review

& Ongoing

Monitoring

Registration

& KYC

Responsibility

MLROStandalone

Screening

FATCA-

CRS

KPMG

FATCA

Assurance

Managed KYC

Inbound KYC

Small Clients~ 50 Profiles

£250

one-off£17 £4

£5,000

p/a£5 £17 £2 £17

Plus a one-off

£100

charge when

your profile is

shared with a

unique

counterparty

Medium Clients~ 200 Profiles

£250

one-off£15 £3

£6,000

p/a£5 £15 £2 £15

Large Clients200+ Profiles

£250

one-off£12 £2

£7,500

p/a£5 £12 £2 £12

▪ Create and connect profiles for free

▪ Save time and cost

▪ Control your information

▪ Reduce risk

▪ Win new business

▪ Control compliance costs

Our costs are per profile per month, subject to a cap that is cost neutral or better for legacy records.

The Trusted Onboarding Solution

Screening

Live

Knowledgeable

Support

HNW

Individuals

Family

Offices

Trusts &

Companies

Sovereign

Wealth

Funds

Investors

Assurance

Regulator

Oversight

Administrators

API

Legal Firms

Fund

Managers

Trust & Company

Service ProvidersReliance

COMPLETE SOLUTION

Review Approval Responsibility

The ID Register is a trading name of The ID Register group of companies. IDR (Guernsey) Limited and The ID Register (Guernsey) Limited are subsidiaries of The ID Register (Holdings) Limited. The registration number for each company is 68116, 60966 and

68115 respectively. The registered address for each company is 5th Floor, Market Building, Fountain Street, St Peter Port, Guernsey, GY1 1BX. IDR (Guernsey) Limited is licensed by the Guernsey Financial Services Commission for the restricted activities of

Promotion, Registration and Administration under licence number 2693008. The ID Register (Guernsey) Limited is the main provider of KYC and FATCA/CRS services within the group.

Central Onboarding Hub - The ID Register

Documents