Mako Financial Technologies, a workflow platform for financial services, has announced a strategic partnership with Trulioo, a global identity platform for person and business verification. This collaboration integrates Trulioo’s identity verification and anti-money laundering (AML) capabilities directly into Mako’s configurable onboarding and renewal workflows, aiming to deliver a seamless Know Your Customer (KYC) experience for advisors and their clients.
The integrated offering is designed to reduce manual effort, improve data accuracy, and accelerate processing times. It also seeks to support revenue growth through real-time data connectivity while maintaining rigorous compliance oversight.
Raphael Bouskila, Founder and President of Mako, stated, “KYC sets the tone for every advisor–client relationship and it must be fast, accurate and effortless. Partnering with Trulioo allows us to deliver instant, frictionless KYC for the fastest-growing wealth platforms. In a market where speed, compliance, and client experience define competitiveness, this collaboration gives firms the ability to scale with confidence while meeting the highest regulatory standards.”
By combining Mako’s low-code automation with Trulioo’s global verification and AML expertise, the partnership aims to replace disconnected, labor-intensive KYC checks with a unified, scalable solution. This allows firms to onboard new clients more rapidly, transition large books of business effectively, and maintain institutional-grade compliance standards, thereby freeing advisors to focus on client relationships and growth.
Vicky Bindra, Trulioo CEO, commented, “As wealth management evolves, firms are looking for ways to serve clients more efficiently without compromising on compliance. We’re delighted to partner with Mako to transform KYC from a regulatory hurdle into a strategic advantage, enabling firms to accelerate onboarding, strengthen compliance oversight, and build trusted client relationships.”
The integrated solution is currently available to wealth management firms in both the United States and Canada.
Since its establishment in 2018, Mako Financial Technologies, headquartered in Montreal, Canada, has provided cloud-based client engagement and business process automation services, including digital onboarding, client reporting, and form automation, primarily within the Canadian wealth management industry. The company offers flexible data model configuration, multi-step data entry, native e-signature, compliance checks, and bulk account opening. Mako is recognized as a 5-Star WealthTech Provider and is a member of PMAC.
Trulioo is an identity platform that provides business and person verification across 195 countries. It supports the verification of over 14,000 ID documents and 700 million business entities, while also checking against more than 6,000 watchlists. Trulioo combines its technology with expertise across diverse markets to optimize onboarding costs and foster trust in the digital economy.
