Streamlining KYC processes
Increasing regulation, inconsistent onboarding practices and heightened regulatory scrutiny are creating an unmanageable Know Your Customer (KYC) remediation and refresh workload.
Key benefits of automating KYC remediation and refresh
Why choose Encompass for managing the KYC remediation and periodic refresh process?
Real-time digital KYC profiles
Customer profiles created at onboarding are simple to review. Removing the need for KYC to start again and providing significant efficiency gains.
Quick and easy bulk uploads of KYC files
A bulk processing functionality makes it quick and easy to upload all customer KYC data for remediation and refresh, wherever it resides.
Flexibility to remediate KYC profiles in line with global policies
Ensure each KYC record is completed consistently to the standard of the relevant policy for different customer segments, in line with a risk-based approach.
Comprehensive KYC audit trail
Encompass creates real-time audit trails to record every search and action taken, complete with source documents and full data attribute lineage.
Make KYC remediation a business advantage
Complete and accurate digital KYC profiles provide critical information in real-time and deep customer insight to grow your business and enhance the customer experience.
Discover key features of our KYC software
Discover corporate digital identity from Encompass