All financial institutions are challenged with having incomplete files for existing customers that do not meet today’s KYC documentation requirements. We inventory existing files, verify the status of every document and create a single, reliable record that is KYC compliant. In the process we risk rate each customer, conduct customer due diligence or enhanced due diligence based on risk rating, identify regulatory gaps, follow with customers for required documents, and store everything digitally for easy access.
As new customers are onboarded we review all documents, risk rate each customer, complete customer due diligence or enhanced due diligence based on risk rating, identify regulatory gaps, follow with customers for missing documents, and store them digitally for easy access.
KYC documentation must be maintained current and customer files require periodic review based upon risk rating. We monitor file currency, follow for expired documents and complete periodic reviews as required.
Adherence to International Security Standards to ensure Data Privacy & Protection and Regulatory Compliance.
Workflow & Case Management to always keep track of your files.
Digital Document Management for ease of access and cost effective, secure storage
Data Analytics to support decision making.
Robust Reporting to allow executive and board oversight of Compliance Risk
Future Products within Lending Services, Customer Service and Accounting & Processing will be included in our offering at a later date.