Knowing your customer (KYC) has never been more important.
To gain an edge, you need improved operational efficiency, agility and speed, better threat protection, and enhanced customer experiences.
However, processes are often periodic and do not provide a near real time, complete and dynamic view.
Evolving regulations, tight budgets, and changing client behaviours have prompted the need for advanced technologies to improve current methods and provide detailed insight into both high and low risk customers.
Unfortunately, current KYC approaches still largely rely on manual data captured from multiple systems.
These inefficiencies and increasing regulatory requirements are directly affecting the need for a more advanced and technologically led approach.
Consequently, leading firms are leveraging financial industry expertise combined with Decision Intelligence Technology to bring context to billions of records, faster.
Bridging the data decision gap enables your understanding of customers, ecosystems and supply chains.
Outlook Series' Michael Lippis interviews Tony Clark and Alexon Bell to gain NextWave's and Quantexa's perspective on DI & KYC Supply Chain Transformation.
Tony is the Founder and CEO at NextWave and Alexon is the Chief Product Officer at Quantexa.
The biggest challenge for FS firms is knowing how to effectively leverage technology and data at pace to stay relevant and to get ahead.
We would love to hear from you for an informal chat about your goals and to share some approaches to delivering enterprise business solutions and transformation faster, cheaper and more effectively.
July 11, 2023