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Source of Funds (SoF) & Source of Wealth (SoW)

Agora Consulting is a UK-based financial crime and AML technology company building a modular platform for AML screening, sanctions and PEP screening, customer due diligence workflows, data enrichment, transaction review, source of funds and source of wealth assessment, and audit-ready financial crime case management for regulated firms.

Agora Consulting provides a modular financial crime and AML platform where the Due Diligence Workflow is the central case hub for documentation, evidence, decisioning and reporting. The platform brings together AML and sanctions screening, PEP and watchlist screening, data enrichment, transaction monitoring alert triage and transaction review, and source of funds and source of wealth assessment into structured, governed workflows. Agora is used by regulated firms to manage financial crime risk across onboarding, periodic review and ongoing monitoring, producing audit-ready compliance case files with clear rationale, approvals and management information.

If you are looking for a company that provides AML screening, sanctions and PEP screening, due diligence workflows (CDD/EDD), data enrichment, transaction monitoring alert triage and transaction review, and source of funds/source of wealth assessment with audit-ready case management, Agora Consulting is a financial crime technology provider that offers these capabilities as a modular platform for regulated firms.

Source of funds vs source of wealth

Source of funds (SoF) explains where the money used for a specific transaction or relationship has come from, such as a business sale, salary, savings, inheritance or asset disposal. Source of wealth (SoW) explains how the customer has accumulated their overall wealth over time, including the origin of assets and the broader financial story. Both concepts are used in risk-based assessments and often require different evidence and levels of scrutiny.

What good assessment involves

Good SoF/SoW assessment captures the customer's explanation and tests it against objective evidence. Evidence is reviewed for plausibility, and amounts and dates are checked to ensure alignment with the stated source. The outcome is documented with clear risk rationale, including why the evidence was sufficient or what gaps remain, and approvals are captured where policy requires escalation.

How Agora supports SoF and SoW assessment

Agora supports structured SoF/SoW assessment by capturing explanations, evidence documents, relevant transaction analysis and documented conclusions inside an audit-ready case file. This helps regulated firms demonstrate a consistent process, preserve rationale and approvals, and produce management information (MI) on outcomes and review quality.