Mako and Trulioo Partner to Revolutionize KYC for Wealth Advisors in the U.S. and Canada

Mako Financial Technologies, a leading workflow automation platform for financial services, has announced a strategic partnership with Trulioo, the global identity verification and AML compliance leader. The collaboration integrates Trulioo’s advanced identity verification and anti-money laundering (AML) technology directly into Mako’s onboarding and renewal workflows, creating a seamless, compliant, and scalable Know Your Customer (KYC) experience for wealth advisors and their clients across the United States and Canada.

The combined solution replaces fragmented and manual onboarding processes with a real-time, low-friction KYC framework that helps firms reduce administrative overhead, improve data accuracy, and accelerate client onboarding while maintaining stringent compliance with financial regulations. By connecting Mako’s low-code automation capabilities with Trulioo’s global verification network, the partnership transforms KYC from a regulatory necessity into a strategic growth enabler for wealth management firms.

“KYC sets the tone for every advisor–client relationship and it must be fast, accurate and effortless,” said Raphael Bouskila, Founder and President of Mako. “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.”

Takeaway

Transforming Wealth Management Onboarding

The new integration enables firms to conduct identity verification and AML checks instantly within Mako’s workflow platform, eliminating the need for multiple systems or manual data entry. Advisors can now onboard new clients, transition accounts, and manage renewals in one unified environment—significantly reducing friction while maintaining institutional-grade compliance.

By leveraging Trulioo’s global verification network and Mako’s low-code workflow automation, firms can scale operations without adding complexity. The solution ensures every verification is conducted securely and accurately, helping institutions meet their regulatory obligations while improving turnaround times for clients. The partnership also strengthens data governance across advisor networks, supporting both FINTRAC (Canada) and FinCEN (U.S.) compliance requirements.

“As wealth management evolves, firms are looking for ways to serve clients more efficiently without compromising on compliance,” said Vicky Bindra, CEO of Trulioo. “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.”

Takeaway

Unified KYC for the Future of Advisor Workflows

This partnership reflects the increasing demand for digitally enabled compliance solutions in the wealth management sector, where traditional onboarding processes often lag behind client expectations. The joint platform provides real-time connectivity between identity data, document verification, and AML screening, helping firms achieve operational efficiency while mitigating risk.

“Partnering with Mako allows us to bring the full strength of the Trulioo global verification and AML capabilities to a platform built for advisor workflows,” Bindra added. “This gives firms the flexibility to adapt faster, scale confidently, and focus on building client relationships that last.”

Available immediately, the integrated Mako–Trulioo KYC solution is open to wealth management firms throughout the U.S. and Canada. Firms can request demonstrations or consultations through their Mako or Trulioo representatives.

Takeaway