After more than a decade of increasing compliance costs, executive teams are pushing compliance functions to find cost savings so resources can be redirected to growth initiatives.
However, the work of Know Your Customer (KYC) operations remains challenging, with particular issues being faced including:
- Difficulty in accessing the data required to unwrap complex corporate structures
- Deadlines for urgent and large-scale KYC remediation projects being missed
Today’s processes – underpinned by manual l


