Global Banking & Capital Markets Leader, Kevin Burrowes at PwC UK, recently released his report on a survey of 176 banking and capital markets CEOs in 62 countries. Kevin’s full report can be read below:
On market leaders, Kevin notes that “They’re capitalising on the full value of technology and the creativity of their people to tap into new value chains and transform operational speed and cost. They’re seeking out new sources of data and gathering the broad array of talent needed to enhance customer experiences and outcomes.”
This sentiment gets to the crux of the RegTech value proposition: that financial services institutions can innovate within their business processes by adopting new technology capable of making sense from a widening variety of data sources to improve service to clients while meeting the demands of regulators that they must Know Your Customer, and reducing their operational costs.
Founded in 2011 by entrepreneurs Roger Carson and Wayne Johnson, and operating from the UK, encompass is the creator of unique, innovative Know Your Customer (KYC) software for banking, finance, legal and accountancy that enable better, faster commercial decisions. The company is driven by the belief that the best decisions are made when people understand the full picture.
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Contact us today to arrange your personalised consultation of encompass. Discover how our KYC automation software can help your business accelerate onboarding and give you peace of mind that you are regulator ready.