Overview
KYC due diligence takes up almost 22% of the entire time during customer onboarding process. Hence the efficiency of the entire process is depending on this sub process. The solution automates the process of validating the LEI and sanctions screening during the customer onboarding process. The solution uses open API to perform these actions in real time. This is expected to result in significant cost and effort savings from a business perspective.
Key Features & Functionality
Benefits & Business Impact
The solution offers several benefits.