When high-net-worth individuals use an international financial centre to manage their wealth, they must undergo multiple onboardings with a professional services firm, a Trust or Corporate Services Provider and a bank to manage the trust. The process is tedious for all parties as it requires rekeying data manually and when KYC information needs to be updated, the process must be done again from scratch by all parties.
nKYC streamlines this entire process and allows KYC information to be sent electronically and securely between different parties, meaning customers can be onboarded in days rather than months. Any business that collaborates with introducers or intermediaries to gather KYC data can benefit. This exciting innovation is currently in development.
Benefits & Features
Learn more about nKYC
Our established relationships with banks, professional services firms and TCSPs make us the ideal choice for a seamless onboarding process.
KYC360’s suite of Client Lifecycle Management software solutions is designed to transform your business processes enabling you to outperform commercially through operational efficiency gains and superior CX whilst remaining fully compliant with evolving regulatory standards.