Anti-money laundering processes for financial institutions are a necessary and good part of our financial systems. But current implementation put a huge burden to comply with these regulations on both the customer and the financial institution's compliance department. We believe that it is possible to modify processes in a way to greatly reduce this burden without taking any shortcuts in compliance.
Know Your Customer enables traditional as well as newly established financial institutions to deliver a fully digital yet completely secure client onboarding experience.
With our suite of digital products, compliance teams can easily centralise the four pillars of client onboarding – document collection, data extraction & assessment, on-going monitoring, and reporting – for a more seamless, efficient and secure compliance process.
Through Know Your Customer’s intuitive compliance platform and vast range of customer outreach tools (APIs, iOS/Android App, Web Portal), compliance teams can efficiently perform all necessary KYC and AML checks on both individual and corporate customers, reducing their manual work by up to 85%.
