Announcements
Work your way through an Enhanced Due Diligence use case in Quantexa's AML Investigator course
Just like AML investigators, analysts specialised in Enhanced Due Diligence (EDD) cases are required to master the art of detecting the risk within a customer's profile or activity. This program teaches individuals how to combine many of the key components of the Quantexa platform that they have learnt about in the…
NextWave and Quantexa - Discuss KYC and why it's so important!
Please take the time to listen to this valuable Partner interview by Outlook Series, Michael Lippis, Tony Clark, NextWave and Alexon Bell, Quantexa on Decision Intelligence and Supply Chain Transformation. Knowing your customer (KYC) has never been more important. To gain an edge, you need improved operational efficiency,…
Listen to ABN AMRO, BNY and HSBC talk all things KYC and transformation
As the pKYC transformation topic is still top of mind for most FIs, we have asked three banks to talk to us about their journey and how they are approaching the future of due diligence. Listen to the webinar here: How are you approaching the transformation? Do you agree with our panellists?
Welcome to the KYC User Group 👋
This user group will be used to share KYC resources & facilitate meet ups. ✔️Don't forget to 'join' this group, once you have joined you will be able to participate in conversations within the group. It will also mean you can stay up to date with all the latest. Why not introduce yourself by answering these questions in…
Discussions
Moving to Continuous KYC Monitoring to Reduce Risk & Improve Compliance
These are incredibly interesting – and challenging – times to be working in financial services or risk management/compliance in virtually any industry. A lot of Financial Institutions are feeling the urgent need to make changes in their current KYC and risk management practices. More and more companies are concluding that…
Thriving for more effective Customer Risk Assessment - The impact of adding context
Lately, the topic of Sanctions circumvention (and Controls more generally) has been top of mind for a lot of Financial Institutions. With businesses and individuals being more and more innovative in finding ways to maintain business continuity, FIs are expected by regulators to show the same level of innovation within…
Sanctions & Beneficial Ownership: Why Automating KYC Processes Is More Critical Than Ever
The recent surge of sanctions against individuals, companies and government entities in response to Russia’s invasion of Ukraine has created extraordinary pressures on financial institutions worldwide to re-examine and re-engineer their Know Your Customer (KYC) and Anti-Money Laundering (AML) processes to make them more…
KYC Forecast: Re-defining know your customer
Do you agree that the traditional know your customer, or KYC, process is changing? In this report, 1LOD is looking at how the core customer due diligence (CDD) and enhanced due diligence (EDD) processes – which are based on periodic snapshots of client data, driven by specific regulations – will need to provide a more…
Entity Resolution as the Secret Ingredient to transforming risk and compliance with Perpetual KYC
Join us for a short Fireside Chat session addressing some fundamental questions about the importance of ER as part of a pKYC transformation: Overarching topic: How to cut through the noise of event detection and maximizing pKYC?Leveraging Entity Resolution to drive efficiencies and effectiveness in KYC operations Step 1:…
Transforming Risk and Compliance with Perpetual KYC: Entity Resolution as the Secret Ingredient
In recent years, how to transform Know Your Customer (KYC) processes has been a hot topic of discussion. There is a growing interest in finding ways to reduce costs whilst maintaining a strong awareness of customer risk and a stellar customer experience. Advanced solutions have emerged in in the form of perpetual or…
How can banks and financial institutions make better use of the data & information they already have
KYC is the bedrock of effective financial crime compliance, though, the customer onboarding Know Your Customer (KYC) and refresh experience in financial services is often complex, tedious and costly. Despite years of investment in technology upgrades and digitization, most legacy banks and other financial institutions…
What does it mean to Know Your Customer?
Watch our brief explainer video and tell us what it means for you! https://youtu.be/STvRY7vGNPo
