KYC Managed Services
Meeting your Know Your Customer (KYC) and Anti Money-Laundering (AML) requirements is no walk in the park and there are many risks associated with ill-managed compliance processes. Implementing and executing KYC processes take up significant in-house time, effort and resources, slowing down the organisation and customers.
With increasing pressure on financial institutions to prioritise compliance to avoid fines and reputational damage, is a managed service approach the answer?
Managed services provide a cost-effective and efficient solution to addressing the growing and changing demands of KYC but also carries significant risks. What should you consider before embarking on this approach for your KYC and AML activities? Join us on Nov 17 to find out.
Bobby Bing and Silvia Amoros, CLM experts at Sionic, explore:
• The challenges around KYC compliance
• Risks associated with current managed service solutions
• The roadmap to developing successful managed service solution
