KYC Technology
Unlock KYC solutions for a dynamic regulatory landscape
In today's rapidly evolving financial landscape, Know Your Customer (KYC) processes pose significant challenges for organizations. The cost of compliance continues to rise, driven by the need for extensive data collection and analysis. KYC is inherently data-intensive and resource-heavy, demanding substantial investments in technology and personnel to manage and maintain accurate customer profiles. Additionally, the ever-changing regulatory environment necessitates regular updates to KYC procedures, making it crucial for businesses to adopt a robust and agile solution that can keep pace with these demands.
Why chose our KYC Technology?
Our KYC system is seamlessly integrated into our comprehensive regulatory suite, providing clients with a holistic approach to compliance. This versatile solution supports multiple use cases, including customer onboarding, periodic refreshes, and ongoing maintenance of customer data. Its highly configurable design allows organizations to tailor the KYC process to their specific needs, ensuring alignment with both regulatory requirements and internal policies. If required, our Managed Service team can underpin our solution to provide operational scale.
Core service components
Data
Obtaining as much data as possible from the public sector is key ahead of liaising with your customers.
S&P Counterparty Manager, is the first step to achieving this goal. Leveraging our proprietary data base rich with regulatory data and documents you can populate large aspects of your KYC requirements.
Beyond this, we have automated source connectivity to primary sources (Registries, Regulators and Exchanges). The automated connectivity enables seamless ingestion of data, at scale, reducing the time to complete a case.
Technology
Our KYC technology offers a range of benefits designed to elevate compliance processes to new heights. With best-in-class workflows, clients can streamline their operations, ensuring efficiency and accuracy at every stage. The integrated outreach and screening functionality enables proactive engagement with customers while simultaneously assessing risk, enhancing overall due diligence. High levels of configuration allow organizations to customize the system to fit their unique requirements, while full auditability ensures transparency and accountability throughout the KYC process. Together, these features empower businesses to navigate the complexities of compliance with confidence and ease.
Services
Our Services for KYC provide unparalleled expertise in due diligence, outreach, and screening, ensuring that clients receive the highest level of support in their compliance efforts. With a dedicated team of 500 skilled professionals, our services are designed for high scalability, allowing businesses to adapt quickly to changing demands. Whether you require advisory support, augmentation of your existing team, or full outsourcing of KYC processes, our flexible solutions cater to your specific needs.
KYC Services enables you to
Ingest and Digitize your Policies
Ensuring alignment with both regulatory requirements and internal policies.
Tap into High Quality Data
Access official public sources across multiple jurisdictions.
Reduce Outreach Requirements
Improve the client experience by maximizing your use of public information.
Increased Employee Efficiency
Improve the employee experience by using automation and data sourcing to reduce the operational burden on your staff.
Standardize and Automate
Implement automated, repeatable processes across client types and regions..
Minimize Operational Risk
Leverage a secure platform to manage and exchange client KYC information.
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250+
Bank Customers
250,000
Entities represented on Counterparty Manager, including 100,000+ with LEIs
500+
Compliance Professionals deliver continuous, dedicated support
Insights
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We're proud of our recent awards!
- Global Data Provider of the Year, 2024
- Best Outsourcing Provider, 2024
- Best AI-Based Solution for Data Discovery, 2024
- Credit Risk Management Solution of the Year, 2024
And, we delight in supporting our customers with 24x7x365 customer service and a 98% customer service satisfaction rate.
If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at S&P Capital IQ Pro(opens in a new tab) or S&P Capital IQ(opens in a new tab)