Trust & Corporate Service Providers
Defensible diligence for trusts, structures and their parties
Trust and corporate service providers (TCSPs) administer trusts, foundations, funds and corporate structures, carrying some of the most demanding client-due-diligence and source-of-wealth obligations in the compliance world. OnyxOne gives TCSPs one operating system to diligence settlors, beneficiaries, protectors and controlling parties, screen continuously, evidence source of wealth and keep an inspection-ready record across long-lived structures.
How OnyxOne fits your operation
Your compliance, risk, audit and legal teams work in OnyxOne, which centralises risk, controls, policy, obligations, cases and evidence, and connects to the systems, screening and data providers your deployment requires.
The pressures this sector carries
The compliance and regulatory realities that shape how firms in this sector operate. Described generically — your obligations depend on your jurisdiction, licence and activities.
How professional obligations map to the controls a practice operates, and how those controls mitigate the risks it carries. Labels are illustrative.
A high-risk sector under close supervision
TCSPs are widely treated as a higher-risk gateway and are expected to run rigorous, risk-based due diligence, screening and monitoring on the structures they administer and the parties connected to them. The platform supports this programme shape; your obligations depend on your jurisdiction and licences.
Many parties per structure
A single trust or structure can involve settlors, beneficiaries, protectors, controllers and underlying companies. Each may require identification, screening and, in higher-risk cases, source-of-wealth evidence.
Source of wealth and funds
Establishing and evidencing the origin of wealth and funds is a central and often demanding expectation, particularly for higher-value and PEP-connected relationships.
Long-lived relationships need ongoing review
Structures can persist for decades. Supervisors expect diligence to be kept current through periodic and trigger-based review across the whole life of the relationship.
What makes this hard today
The operational realities compliance and risk teams in this sector wrestle with.
Complex, multi-party structures
Mapping every settlor, beneficiary, protector and controller across layered structures — and keeping it current — is genuinely hard by hand.
Source-of-wealth evidence burden
Gathering, assessing and evidencing source of wealth and funds is demanding, and doing it consistently across a book of relationships is harder still.
Decades-long relationships
Structures outlive the staff who onboarded them, so institutional knowledge and diligence quality erode without a system of record.
Screening many connected parties
Every party connected to a structure needs screening at onboarding and continuously — rarely handled comprehensively in spreadsheets.
Inspection-readiness across the book
Producing a defensible file for any structure on request is difficult when evidence is scattered across documents and drives.
How OnyxOne serves the sector
Structure and party mapping
Each structure is captured with its parties — settlors, beneficiaries, protectors, controllers and underlying entities — so the full picture lives in one record and can be kept current.
Source-of-wealth workflows
Higher-risk relationships follow a defined enhanced-due-diligence workflow that captures and evidences source of wealth and funds, with documented assessment and approval.
Continuous screening of every party
All connected parties are screened at onboarding and on an ongoing basis, with every match captured against the structure and party it belongs to.
Review that spans the relationship
Periodic and trigger-based reviews keep diligence current across decades-long structures, independent of staff turnover.
An inspection-ready record
Every party, check, source-of-wealth assessment and decision is preserved in an immutable, retrievable trail, so any structure's file exists on request.
The end-to-end workflow
A defined, sector-specific process with clear ownership at every stage.
Every result, decision and override is captured against the record it belongs to.
Map the structure
The trust, foundation or corporate structure is captured with all connected parties — settlors, beneficiaries, protectors, controllers and underlying entities.
Diligence & screen parties
Each party is identified, verified and screened against sanctions, PEP and adverse-media sources.
Evidence source of wealth
Higher-risk relationships route into enhanced due diligence with source-of-wealth and source-of-funds evidence captured and assessed.
Risk-rate the relationship
The structure is scored against your risk methodology, with the factors recorded so the rating is defensible.
Monitor & review
Ongoing screening plus scheduled and trigger-based reviews keep diligence current across the life of the structure.
Preserve the record
Every party, assessment, decision and document is preserved in an immutable, retrievable trail ready for inspection.
How teams in this sector use OnyxOne
Mapping multi-party structures
Capture every settlor, beneficiary, protector and controller in one record and keep the map current as the structure changes.
Evidencing source of wealth
Run source-of-wealth assessment in a defined workflow so the evidence and reasoning are captured, not improvised.
Surviving staff turnover
Keep the structure's full diligence history in a system of record so knowledge doesn't leave with the administrator.
Producing a file on inspection
Retrieve a defensible, timestamped record for any structure on request instead of assembling it from drives.
Modules that matter most here
The parts of the OnyxOne platform this sector leans on most. Turn on what you need and add more as your programme scales.
Works with your existing systems
Described as capabilities — OnyxOne connects to the systems your deployment requires, configured per implementation.
- Ingests structure and party data from your existing trust and corporate-administration systems
- Connects to the sanctions, PEP and adverse-media providers contracted for your deployment
- Integrates with your existing corporate-registry and beneficial-ownership data services
- Connects to your existing document stores so diligence and source-of-wealth evidence live with the structure file
- Routes reviews, alerts and approvals through your existing email and messaging tools
Security & reporting
Security & data handling
- Structure, party and case data are encrypted in transit and at rest.
- Role-based access controls who can view, edit, approve and report on sensitive relationships.
- Every check, source-of-wealth assessment, decision and document is written to an append-only audit trail.
- Highly sensitive party and suspicion-related data are restricted to authorised roles under strict need-to-know.
- Data residency and retention are configurable to your jurisdiction and record-keeping obligations.
Reports & returns
- Suspicious-activity / suspicious-transaction report content (SAR/STR)
- Party and structure screening-coverage reports
- Source-of-wealth and enhanced-diligence evidence packs
- Structure risk-rating distribution and review-due reports
- Management information for the compliance function and directors
What your team gains
The whole structure in one record
Every connected party and its diligence lives in a single, current picture rather than scattered files.
Source of wealth evidenced consistently
A defined workflow makes source-of-wealth assessment repeatable and defensible across the book.
Continuity across decades
A system of record preserves diligence quality through staff turnover and long relationships.
Inspection-ready at all times
An immutable trail means any structure's file can be produced on request.
Questions, answered
Is OnyxOne a trust or corporate service provider?
No. OnyxOne is a technology vendor providing compliance and risk software. It is not a TCSP or a regulated firm, and is not an obliged entity. Responsibility for obligations remains with your firm.
Can it handle multi-party structures?
Yes. Each structure is captured with all connected parties — settlors, beneficiaries, protectors, controllers and underlying entities — screened and diligenced individually, with the full picture kept in one record.
Does it support source-of-wealth evidence?
Higher-risk relationships follow a defined enhanced-due-diligence workflow that captures and assesses source of wealth and funds, with documented reasoning and approval.
How does it help with long-lived structures?
Ongoing screening plus scheduled and trigger-based reviews keep diligence current across decades, and the system of record preserves the full history independent of staff turnover.
Do you provide the screening data?
Screening and data providers are contracted and configured per deployment rather than fixed to a single named partner; OnyxOne applies your chosen sources through configurable match logic.
See OnyxOne for Trust & Corporate Service Providers
Book a walkthrough and we'll show how the platform fits your sector's obligations, workflows and systems — then scope an implementation.