SW360 says VOCA is helping businesses embed FICA compliance into everyday operations by automating verification, creating electronic audit trails and centralising customer due diligence processes. According to Sameer Kumandan, this approach reduces administrative burden while strengthening ongoing risk monitoring, regulatory evidence and organisations’ ability to demonstrate effective compliance.
Cape Town, South Africa – 10 September 2026 – Compliance has traditionally been associated with paperwork, manual checks and the challenge of proving that the right processes were followed. But as regulatory scrutiny increases and accountable institutions face greater expectations around customer due diligence, the industry has been moving towards a more practical question: how can compliance become easier to manage, evidence and maintain?
As VOCA, SW360’s Verification, Onboarding and Compliance Application, marks two years in the market, its significance lies less in the milestone itself and more in what it represents: a shift towards making FICA compliance part of everyday business rather than an administrative exercise that happens around it.
“Compliance should not be something businesses have to reconstruct when an audit or regulatory review happens. The evidence should already exist as part of the process,” says Sameer Kumandan, Managing Director at SW360. “VOCA has helped move that thinking forward by making compliance more practical, traceable and easier to demonstrate.”
A key part of this shift is the electronic audit trail. By automatically recording verification and compliance activity, businesses have a clear record of the checks performed and the decisions made. This creates an evidentiary trail that can be particularly valuable during FIC audits, while reducing reliance on disparate documents, emails and manually maintained records.
The result is a move away from compliance as a collection of individual checks towards a more connected process. Verification reports, risk ratings and supporting information can be accessed through a centralised digital process, while KYC and KYB checks, CIPC checks, ID verification, PEP (politically exposed persons) and sanctions screening, adverse news checks and account verification can be incorporated into the same workflow.
This has implications beyond simply meeting regulatory requirements. Automating traditionally manual processes reduces the administrative burden associated with compliance and allows organisations to spend less time gathering and reconciling information and more time assessing risk and making informed decisions.
“Making compliance easier does not mean making it less rigorous,” says Kumandan. “It means removing unnecessary friction from the process while creating a stronger record of what has been done. That changes compliance from something that can feel retrospective and administrative into something that is built into how the business operates.”
This is particularly relevant as South Africa continues to strengthen its approach to anti-money laundering and counter-terrorist financing following its FATF (Financial Action Task Force) greylisting. While significant progress has been made, accountable institutions remain under pressure to demonstrate that their compliance frameworks are not merely documented, but actively implemented and supported by appropriate evidence.
VOCA also reflects a broader evolution from once-off verification towards ongoing risk awareness. Its monitoring functionality enables businesses to identify changes to client profiles, including changes in PEP and sanctions status, supporting a more continuous approach to due diligence. For Kumandan, this shift represents the most significant measure of VOCA’s two years in the market.
“The real achievement is not that VOCA has reached a two-year milestone,” he says. “It is that we are helping change the way businesses approach compliance. When the process is digital, the audit trail is created as you go and the evidence is readily available, compliance becomes less of a burden and more of an integrated part of doing business.” Ends.
About SW360
SW360 is South Africa’s leading data intelligence platform, empowering businesses to verify, assess, and manage risk confidence. At the core of its offering are two powerful products – Searchworks and VOCA, each playing a key role in delivering real-time, verified data across industries. Find out more at www.sw360.co.za.
About VOCA
VOCA, powered by SW360, is an advanced Verification, Onboarding, and Compliance Application designed to simplify and automate compliance processes for accountable institutions. Tailored to meet the specific needs of businesses across industries such as finance, law, and real estate, VOCA provides comprehensive solutions for conducting thorough KYC/KYB checks, managing risk assessments, and ensuring full compliance with the Financial Intelligence Centre Act (FICA). By offering real-time reporting and automated audit trails, VOCA enables organisations to enhance security, reduce manual effort, and maintain the highest standards of regulatory compliance, all while improving operational efficiency and customer satisfaction. Find out more at: https://www.voca.co.za/.
For further information:
Monica van der Spuy | GinjaNinja | M: +27 71 685 6476 | E: monica@ginjaninja.co.za