Olimey was built by MLROs, compliance officers and conveyancers. We know the responsibility behind a Source of Wealth decision. We also know the work that comes before it: gathering bank statements, bringing giftors into the process, asking sensitive questions and making sense of the answers.
That work matters. But it can leave skilled people coordinating documents and email exchanges when their attention is needed on the evidence and the decision.
Our MLRO knows from hands-on experience that the manual checks and cross-checking can take several hours. But time was only part of the problem.
Consistency should not depend on who has the file.
One of the major issues we wanted to address was consistency across the firm. Under the pressure of numerous completions, even a diligent, experienced conveyancer can overlook an issue. A junior colleague handling an otherwise straightforward purchase can face a complicated funding history and struggle to work out what needs investigating.
A straightforward conveyance does not necessarily mean straightforward AML. The team needs a shared process for gathering evidence, asking questions and identifying what needs closer attention.
One missed issue on one file can expose the wider firm to risk. That is why consistency matters across the whole practice, not just on the files handled by its most experienced people.
One shared process. Room for professional judgement.
We built Olimey to take on more of that preparation. It brings clients and giftors into a guided portal journey, gathers their documents, prepares gift letters, asks questions and analyses the replies. It brings the findings, outstanding enquiries and suggested next steps together for your team.
The aim is to give junior colleagues a clearer starting point and experienced conveyancers a consistent basis for review. One shared process across the firm, with room for case-specific judgement.
The principle is simple: let the technology do more of the preparation, while the firm keeps its professional judgement. Your team reviews the findings, shapes the enquiries and makes the decision. Changes to enquiries and reasons for removing them stay recorded.
We applied the same thinking to pricing. A fixed charge per person, with follow-up questions and analysis of replies included for that person on the same matter. You are not charged another analysis fee because the next answer arrives with another document.
Olimey is in use at Smart Legal. Now we invite other firms to experience it on their own live matters, with £400 in free credit when their account goes live. Not to take our word for it. To see what it does for their team.
Less chasing. Less stress. More time.