Who it is for
SoWerate is built for teams that need clearer, more consistent source-of-wealth preparation during client onboarding.
Relationship managers and private bankers
Prepare a structured source-of-wealth narrative before submitting the case for internal compliance review. Reduce blank-page drafting, organize the client’s wealth story, and identify questions that need to be clarified before escalation.
Private banking and wealth management teams
Support high-net-worth and ultra-high-net-worth onboarding workflows where the client’s background, business history, investment gains, inheritance, asset sales, or professional income may need to be explained in a coherent journey-to-wealth narrative.
Capital markets and fund management teams
Support onboarding workflows where institutional, accredited, professional, or high-net-worth client relationships require source-of-wealth analysis, evidence review, and internal assessment materials.
Compliance, onboarding, risk, and operations teams
Receive better-structured case materials from the front office. Review the narrative, evidence summary, follow-up questions, and identified gaps with clearer context and less back-and-forth.
SoWerate is intended for business, institutional, commercial, professional, and internal operational use. It is not a consumer product and does not replace qualified human review.
How it works
1. Start a dedicated workspace
Create a source-of-wealth case in an isolated workspace. Where your internal policy permits, begin preparation without entering client contact details at the early drafting stage.
2. Add the known wealth story
Input the client’s background, main wealth events, business interests, employment history, investment activity, inheritance, gifts, property sales, liquidity events, or other relevant sources of wealth.
3. Summarize supporting evidence
Summarize supporting materials such as corporate records, financial statements, transaction documents, investment summaries, employment records, sale agreements, declarations, public information, or relationship manager notes. For this version, SoWerate is designed around manual evidence summaries rather than original document upload or OCR.
4. Review the structured analysis
SoWerate helps transform scattered notes and evidence into a structured source-of-wealth write-up, with sections for the client profile, wealth journey, evidence references, open questions, gaps, and review notes.
5. Apply human judgment before submission
The relationship manager, onboarding team, compliance team, or other qualified personnel must review the output before relying on it. SoWerate assists preparation; it does not approve, reject, escalate, file, or decide any onboarding or compliance outcome.
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What the write-up covers
A SoWerate source-of-wealth write-up is designed to help internal teams explain how a client accumulated their overall wealth and whether the available information is coherent, plausible, and supported by relevant evidence.
Typical sections may include:
- Client and relationship context
- Business ownership and entrepreneurial history
- Employment, professional income, bonuses, or carried interest
- Investment gains, dividends, portfolio growth, or fund distributions
- Property, company, asset, or share sale proceeds
- Inheritance, family wealth, gifts, or trust distributions
- Liquidity events and major transaction history
- Estimated wealth composition and timeline
- Supporting evidence summary
- Public information references, where relevant
- Gaps, inconsistencies, and follow-up questions
- Relationship manager observations
- Review notes for compliance, onboarding, risk, or operations teams
The goal is not to add unnecessary process. The goal is to help the team focus on what is material, relevant, and worth clarifying for the client’s risk profile and onboarding context.
Human review and responsible use
SoWerate is designed as a preparation and review-support platform, not an automated compliance decision engine.
Human-reviewed outputs
Every output should be reviewed by appropriately qualified personnel before being used in any business, legal, regulatory, compliance, onboarding, account-opening, escalation, or reporting process.
No automated onboarding decision
SoWerate does not make, recommend, approve, reject, or determine customer acceptance, account opening, enhanced due diligence, suspicious transaction reporting, sanctions, tax, legal, compliance, or regulatory decisions.
Evidence remains important
The platform can help organize evidence summaries and identify gaps, but users remain responsible for checking facts, figures, dates, ownership information, transactions, calculations, and evidence sufficiency.
Privacy-aware operation
SoWerate supports workspace-based access controls and privacy-aware processing. Users remain responsible for ensuring they have the authority, notices, consents, lawful bases, internal approvals, and vendor assessments required to process client information through the platform.
Compliance-safe positioning
Use SoWerate to prepare clearer materials for human review. Do not use SoWerate outputs as a substitute for professional advice, qualified compliance review, legal analysis, regulatory interpretation, suspicious transaction reporting judgment, or institutional approval.
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FAQ
What is SoWerate?
SoWerate is a source-of-wealth review and analysis platform that helps relationship managers and internal teams prepare structured source-of-wealth write-ups for client onboarding.
Who should use SoWerate?
SoWerate is intended for relationship managers, private bankers, wealth management teams, fund management teams, capital markets intermediaries, onboarding teams, compliance teams, risk teams, and operations teams supporting high-net-worth client onboarding.
Does SoWerate remove the need for compliance review?
No. SoWerate supports structured analysis, evidence organization, source-of-wealth drafting, and report preparation. All outputs must be reviewed by qualified personnel before they are relied on. Onboarding and compliance decisions remain with the user’s organization.
Can SoWerate help with MAS risk-proportionate source-of-wealth preparation?
SoWerate can help teams organize the client’s wealth story, evidence, gaps, and follow-up questions in a structured way. It does not provide regulatory advice or determine whether a file satisfies MAS expectations, internal policy, or audit requirements.
What is a source-of-wealth write-up?
A source-of-wealth write-up is an internal narrative that explains how a client accumulated their overall wealth. It usually covers the client’s background, major wealth events, supporting evidence, plausibility considerations, and open questions.
What is the difference between source of wealth and source of funds?
Source of wealth focuses on how the client accumulated their overall wealth. Source of funds focuses on the origin of particular money or assets used for a transaction, account, investment, or relationship.
What types of wealth sources can be organized?
SoWerate can help organize information relating to business ownership, employment income, investment gains, inheritance, gifts, asset sales, property sales, liquidity events, family wealth, and other relevant sources, depending on the case materials submitted by the user.
Do users need to enter client contact details?
Where internal policy permits, users can begin preparing the source-of-wealth narrative without entering client contact details at the early drafting stage. Users remain responsible for ensuring that all submitted information is authorized, lawful, and permitted under internal policy.
Is SoWerate legal, compliance, tax, or investment advice?
No. SoWerate does not provide legal, regulatory, compliance, tax, audit, investment, financial, banking, fiduciary, or other professional advice.