By replacing manual processes with automated workflows you will accelerate due diligence processes, improve client experience and dramatically cut compliance costs.
Routine updates are instantly reflected in the central database, so your due diligence is always underpinned by the latest available data.
By re-using KYC data captured during prospecting to pre-populate all due diligence systems, processes and dashboards, re-keying is eliminated. You can also save time and add convenience for clients by providing easy-to-use client portals for online KYC data submission.
With Intelligent KYC (iKYC), prospect data is fed into rules that initiate automated compliance checks, reduce false positives and trigger alerts when remediation is required.
Compliance and relationship managers can view due diligence data via easy-to-interpret, role-specific dashboards, in a form that is relevant to their individual requirements.