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Six key themes from executive roundtable on accelerating KYC automation

By Clare Puplett | Thu 30 November, 2023
Accelerating KYC automation

Encompass recently created a collaborative space for an expert group of senior executives from some of the industry’s largest banks, to come together to discuss accelerating KYC automation.  The insightful, peer-led discussion explored and shared insights across six key themes.

Accelerating KYC automation

There was a positive commitment to unravelling the intricacies of KYC automation amongst the exclusive gathering. The following were identified as key themes:-

  • Data as the foundation of KYC
  • KYC outreach challenges and the role of portals
  • Deploying a tiered approach to KYC automation – where it adds value
  • Strategic change in KYC automation for future growth and efficiency
  • Balancing automation and expertise for effective KYC analysis
  • Prioritizing client experience in KYC automation

As the financial landscape evolves, Encompass continues to foster thought leadership and innovation in the pursuit of efficiency within the industry’s largest institutions.

Download the key takeaways


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