Priviq is a cloud-based investor compliance and risk assessment platform designed to streamline onboarding, AML (Anti-Money Laundering) compliance, KYC (Know Your Customer) processes, and risk management. Built specifically for the alternative investment and private equity sector, Priviq enables fund managers, investment firms, and financial advisors to assess investor suitability and comply with international regulatory requirements efficiently. The platform automates risk classification, document collection, and ongoing due diligence while maintaining full audit trails and secure data handling.
Features
Priviq offers a robust set of features that support compliance workflows and risk-based investor assessments:
Investor Risk Profiling: Automated investor classification based on country, source of funds, political exposure, and sanctions.
AML & KYC Compliance: Inbuilt tools to perform due diligence, verify identity, and detect red flags.
Ongoing Monitoring: Continuous screening against international sanctions and watchlists.
Customizable Questionnaires: Tailored investor onboarding forms and risk evaluation flows.
Digital Document Management: Secure upload, storage, and review of KYC documents and supporting files.
Audit Trail: Complete logging of user actions, document approvals, and risk decisions.
Dashboard & Reporting: Real-time insights into investor compliance status and risk exposure.
Integration Ready: API capabilities for integrating with existing CRMs, fund admin systems, or compliance platforms.
These features help financial institutions meet regulatory demands while reducing manual workload and compliance risk.
How It Works
Priviq operates as a web-based SaaS platform. Fund managers and compliance officers initiate onboarding by sending tailored questionnaires to investors, who then submit their personal and financial information via secure links. The platform automatically screens the data against global sanctions lists and calculates a risk rating based on pre-configured rules. Documents are reviewed within the system, and the compliance team is alerted to any issues or required follow-ups. The audit trail ensures that all compliance actions are documented for regulatory inspections. Ongoing monitoring helps maintain investor compliance status over time.
Use Cases
Priviq is particularly useful for firms operating in the investment and asset management space. A private equity fund may use Priviq to ensure new investors meet AML requirements. A family office can use it to monitor high-net-worth individuals (HNWI) for PEP exposure or sanctions. Venture capital firms use the tool to gather KYC documentation securely during fundraising rounds. Fund administrators rely on Priviq to provide a compliance-first onboarding experience for clients and investors, with full documentation and oversight.
Pricing
Priviq follows a custom pricing model based on the size of the firm, number of investors, compliance requirements, and integration needs. Specific pricing information is not publicly available on the website. Prospective clients can request a demo and a tailored quote by contacting the sales team. Pricing typically includes platform access, onboarding assistance, automated screening tools, and ongoing monitoring. The solution is designed to scale with the needs of both small funds and large multi-national firms.
Strengths
Priviq’s strengths lie in its specialization for the investment management industry. Unlike generic compliance tools, Priviq is designed around the specific needs of private equity, venture capital, and alternative asset managers. Its automated risk assessment, real-time monitoring, and customizable workflows make it easy to adapt to firm-specific compliance policies. The platform reduces manual errors and centralizes compliance data in one secure location. It also supports regulatory transparency by providing audit-ready documentation for all investor interactions and decisions.
Drawbacks
Priviq is primarily tailored for investment firms, which may limit its usefulness outside this niche. Organizations without established compliance teams may require onboarding support to configure workflows and risk scoring parameters. Additionally, the lack of public pricing could delay early-stage evaluations for budget-conscious teams. While integration capabilities exist, connecting Priviq to external systems may require additional development effort depending on existing infrastructure.
Comparison with Other Tools
Compared to tools like ID-Pal, NorthRow, or ComplyAdvantage, Priviq offers a more comprehensive solution focused specifically on investor compliance. While ID-Pal and NorthRow offer strong identity verification tools, they lack Priviq’s depth in risk profiling and ongoing investor monitoring. ComplyAdvantage is more broadly focused on AML across various sectors, while Priviq tailors its functionality to the investment lifecycle. For fund managers and compliance teams seeking an industry-specific solution, Priviq offers a better fit than general-purpose platforms.
Customer Reviews and Testimonials
Although customer reviews are not extensively listed on the public site, existing users praise Priviq for its time-saving automation and its ability to provide a clear view of compliance status. Testimonials highlight improved investor onboarding experiences, reduced time spent on document collection, and better risk management oversight. Users also value the ease of use and the platform’s ability to align with internal compliance frameworks and regulatory standards.
Conclusion
Priviq is a purpose-built compliance and risk assessment platform designed for investment firms looking to simplify and strengthen their investor onboarding and AML processes. With features for automated risk classification, document tracking, sanctions monitoring, and reporting, it provides a modern and scalable solution to compliance challenges in the financial sector. For private equity, venture capital, and fund administrators, Priviq offers a streamlined way to manage regulatory risk, enhance investor trust, and improve operational efficiency.
