Armalytix Partner Spotlight: Minerva

Armalytix doesn’t just work directly with law firms. If it makes more sense for your business, we have partnered with a selection of best-in-class legal platform providers so you can still get all the advantage and quality of Armalytix, but through a wider service for your firm.

“Armalytix’s Source of Funds analysis integrates perfectly with our current solution, ascertaining a client’s source of funds in a way that is easy to understand, and entirely digital.”

Ben Mills, Commercial Director, Minerva

About Minerva

Minerva is intelligent onboarding software designed to help law firms improve efficiency, win more business and make engaging with clients easy and secure. Minerva’s solutions significantly improve the client onboarding process, ensuring a smooth, easy and efficient experience for both legal professionals and their clients.

The problem

Conveyancers have been dealing with a rising tide of regulation as efforts to tackle financial crime step up. Complying with these legal and regulatory obligations to verify the source of a client’s funds and wealth is becoming as complicated and protracted as it is critical.

The Minerva & Armalytix solution

Minerva’s solution takes the typical time spent on an onboarding process for conveyancing firms from two to three weeks, down to 48 hours, making the entire onboarding process more efficient for clients, speeding up transaction time.  Armalytix acts as an important piece of the puzzle for the Minerva platform, ensuring clients can reduce the back and forth, save significant time and get the evidence and answers needed.

What do the law firms themselves think?

Watson Ramsbottom’s Managing Director, Elton Ashworth, explains how his teams are benefitting year on year having digitised the client onboarding process, with one of the pivotal elements in this transformative process being the integration of Armalytix’s open banking solution.

“It’s a user-friendly alternative, sparing clients from the hassle of sifting through multiple pages of bank statements or engaging in forensic accounting, tasks that should not burden conveyancers. Armalytix’s open banking solution simplifies the process, enabling clients to deliver information more efficiently.”

And the clients?

Working with Minerva has seen end users going through the Armalytix journey submit consistently high feedback scores for well over 18 months explains Tom Lyes:

“Minerva clients have an overall feedback score of 4.24 out of 5 following over 1500 pieces of client feedback since Spring 2023.  This outstanding feedback is a testimony to the power of integration and partnerships. “

“We’re proud to support Minerva as one of the top providers of client onboarding solutions in the market. Their ability to onboard clients from quoting all the way to online payments helps stand them apart.”

Tom Lyes – Head of Legal, Armalytix