The digital KYC model
Get ahead with RegTech
Industry insiders observe that a resetting of Australian institutions’ commitment to Know Your Customer (KYC) as a means of guarding the national economy against the corrosive effects of financial crime will lead to much-needed modernisation of business operating models.
Australian institutions can accelerate their own transformations and achieve world-class KYC operations by learning from the experiences of their peers in Europe, particularly the UK.
A modern KYC operating model augments the KYC experts already in place, with a business process that starts with a clear definition of policy and spans business, compliance and audit professionals organized as three lines of defence.
In this whitepaper, we look at how Australian institutions can:
- Create modern KYC operating models that minimize the risk of regulatory intervention, on-site inspections and enforcement actions
- Optimise investments in data and technology
- Accelerate opportunities for growing revenues
Fill out the form to download the whitepaper.
You also might be interested in
Whitepaper Keeping good company: Streamlining client onboarding
Market insight report by Chartis on the challenges of KYC onboarding.
Blog Supercharge KYC customer experience with corporate digital identity
Elevate customer experience and insights with CDI for streamlined KYC onboarding. Blog Why corporate digital identity will change your approach to KYC transformation
Integrate public and private data to create corporate digital identities and streamline KYC. Blog In the spotlight: Andrew Dunn drives innovation at Encompass
Discover Andrew Dunn's journey and innovative vision as Encompass's Vice President, Engineering.
west
east
Discover corporate digital identity from Encompass