Cascade AML/KYC platform – Frequently asked questions

Welcome to the Cascade FAQ Hub.

Here you’ll find quick answers to the most common questions about our AML/KYC software, features, use cases, and compliance capabilities.

Whether you’re a fund administrator, private equity firm, law firm, or corporate services provider, these answers will help you understand how Cascade AML KYC software can simplify your compliance operations.

_{What is the Cascade AML / KYC platform?}

Cascade is an end-to-end AML/KYC compliance software built in Luxembourg that centralizes client data, automates risk-based workflows, and keeps teams audit-ready.

Details & benefits:

Used by over 100 firms across 25+ jurisdictions (including Luxembourg, EU, and other regulated markets)
Centralizes client data (onboarding, document storage, KYC questionnaire)
Automates name screening (sanctions / PEP / adverse media), UBO registry, monitoring, review workflows
Includes full audit trails and compliance logging (important for CSSF, FCA, and other regulators)
No per-user fee model: unlimited users at fixed cost
Supports both cloud (with EU data residency) and on-premise deployment

Why it matters: Firms using Cascade reduce manual overhead, mitigate compliance risk, and maintain traceability required by regulators in Luxembourg and across the EU.

_{What makes Cascade different from other AML tools?}

The Cascade compliance platform combines flexibility, automation, and full auditability in one platform. It’s tailored for regulated businesses and supports complex client structures with unlimited users and scalable workflows.

_{Is Cascade cloud-based or on-premise?}

Both. Cascade software is available as a cloud-hosted SaaS (with UK/EU data residency options) or as an on-premise solution, depending on your firm’s requirements.

_{What is KYC onboarding automation?}

It refers to the digitization of client onboarding, including data capture, document collection, screening, risk scoring, and audit trail to replace slow manual processes with automated workflows.

_{How do Cascade’s onboarding tools work?}

Cascade lets you build custom KYC workflows and questionnaires, collect documents securely, screen clients in real-time, and apply risk scoring all in one streamlined process.

_{Can Cascade support complex onboarding scenarios, like corporate structures?}

Yes. Cascade AML KYC software handles corporate onboarding, layered UBOs, cross-border structures, and nominee arrangements with ease.

_{Does Cascade provide daily name screening?}

Yes. Cascade performs automated daily screening against global sanctions, PEP, and adverse media lists using Acuris, Dow Jones, or Refinitiv data sources.

_{Can I configure risk scoring rules?}

Absolutely. Cascade supports fully customizable risk frameworks so you can apply your own risk logic based on client type, jurisdiction, and internal policies.

_{Does Cascade support ongoing / continuous KYC monitoring?}

Yes, Cascade supports automated, continuous monitoring for KYC and AML risk.

How it works:

Customizable rules to trigger alerts for document expiry, status changes, ownership changes, or risk score shifts
Real-time dashboards & alerts for compliance officers
Periodic reviews can be scheduled automatically (e.g., annual / semiannual)
Integration with screening data sources ensures early flagging of new sanctions/PEP/adverse media

Use case (Luxembourg / EU context): For a Luxembourg fund administrator, Cascade can be configured to trigger review workflows in line with CSSF / EU AML law deadlines, maintain audit logs, and send alerts if any UBO or ownership changes occur.

_{What is UBO registry software?}

UBO registry software helps firms collect, visualize, and manage data on ultimate beneficial owners. Cascade includes a full UBO registry module with audit trails and real-time updates.

_{Can Cascade handle nominee and layered ownership structures?}

Yes. Cascade KYC AML software is built to manage complex ownership hierarchies, including SPVs, holding companies, nominees, and trusts with full visualization.

_{Does Cascade help with UBO reporting obligations?}

Yes. Cascade platform generates regulator-ready UBO reports and aligns with UK, EU, and FATF guidelines.

_{Is Cascade compliant with UK AML regulations?}

Yes. Cascade aligns with the UK Money Laundering Regulations 2017 and FCA guidance, including requirements for onboarding, monitoring, and auditability.

_{What about EU AML directives?}

Cascade supports compliance with the EU AMLD framework and national implementations across 25+ jurisdictions, including companies with CSSF expectations in Luxembourg.

_{Can Cascade be used by firms outside of financial services?}

Yes. While Cascade compliance platform is tailored for financial services, it’s used by law firms, corporate administrators, payment institutions, and other regulated entities under AML/KYC laws.

_{How long does it take to implement Cascade?}

Most clients go live within a few weeks. Cascade is plug-and-play with minimal disruption to operations.

_{Does Cascade charge per user?}

No. Cascade AML software offers unlimited users at no extra cost, making it ideal for collaboration across departments.

_{Is Cascade suitable for both small firms and large enterprises?}

Yes. Cascade’s modular structure and pricing flexibility make it accessible for two-person shops as well as large, multi-jurisdictional groups.

_{What are the AML / KYC requirements under Luxembourg / CSSF law?}

Under Luxembourg law, financial institutions and other regulated entities must comply with the CSSF’s AML/CFT framework, which is aligned with the EU AML Directives. This includes customer due diligence (CDD), identifying and verifying ultimate beneficial owners (UBOs), monitoring transactions, conducting ongoing risk assessments, and maintaining audit trails.

_{What is UBO reporting under EU / Luxembourg law?}

“UBO reporting” refers to the obligation of companies and investment structures to declare their ultimate beneficial owners. In Luxembourg, entities must register UBO information with the RBE (Registre des Bénéficiaires Effectifs). Cascade simplifies this by capturing ownership structures, calculating control percentages, and maintaining updated UBO records.

What types of sanctions / watchlists does Cascade screen against?

Cascade integrates with leading data providers to screen against:

UN Sanctions List (UN Sanctions)
EU Consolidated Sanctions List (EU Sanctions Map)
OFAC (U.S. Treasury) Sanctions (OFAC SDN List)
Politically Exposed Persons (PEPs) databases (FATF Guidance on PEPs)
Adverse media sources

_{What jurisdictions does Cascade support?}

Cascade supports compliance in 25+ jurisdictions, among others, including Luxembourg, EU member states, Australia, Mauritius, Jersey, Guernsey, and the UK. It adapts to local AML directives and regulator expectations.

Still have questions?

Disclaimer: This article is based on publicly available information and market understanding at the time of writing. While we aim to provide accurate and useful information, some details may change over time or be incomplete. Readers should carry out their own assessment before making any business decision.