Achieving Perpetual KYC

WHITE PAPER

How close is the financial world to achieving perpetual KYC?

Oliver Wyman shared with us their Global KYC benchmarking study on Global Banking & Markets KYC, which has found that the overall onboarding time for corporate banking customers is a staggering 90-120 days.

In this white paper, we look at how banks can reduce onboarding times, KYC refresh costs and improve the customer experience by leveraging better technology and automation across the three pillars of data:

• Driving efficiency with self-reported customer data
• Using automation to capture & screen external data
• Reducing risk through monitoring transaction behaviour

Download the PDF to learn more.