Thirdfort, the client due diligence platform, has partnered with UK-based legal technology startup ProConvey, with a view to making the onboarding process more efficient for conveyancers.
The new partnership integrates client onboarding and due diligence into a single workflow. The alliance enables conveyancing firms to focus on legal work by combining ID and Source of Funds verification with all onboarding tasks in one streamlined tool. Through the ProConvey platform, conveyancers can access Thirdfort’s ID checks and AML services, designed to eliminate the need for repetitive follow-ups and administrative tasks.
ProConvey, founded in January 2022 by former conveyancer Chris Scantlebury, has raised £500,000 in seed funding to support its mission to modernise traditional conveyancing processes.
Thirdfort’s platform offers client due diligence checks for regulated professionals, through automated ID verification, anti-money laundering and Source of Funds checks on individuals and businesses conducting high value transactions such as buying property, drafting a will or instructing a financial advisor.
Olly Thornton-Berry, co-founder and managing director at Thirdfort, said: “ProConvey’s straight-forward approach aligns with ours, and together we can offer conveyancers an effective, secure and flexible solution to do their client onboarding, management and due diligence. This partnership highlights our commitment to helping conveyancers work more effectively, cut down on the back-and-forth and ultimately speed up completion times.”
Chris Scantlebury, director at ProConvey, commented: “Their [Thirdfort] commitment to innovation and support for conveyancers has been invaluable, and together we’re making real strides in modernising and streamlining the conveyancing process. This partnership underscores our shared vision of transforming the industry with practical, client-focused technology.”