Know Your Customer (KYC)
Infosys' Know Your Customer solution is a workflow-based solution for global financial firms to onboard clients effectively while complying with regulatory requirements.
Our KYC solution provisions policies and procedures to safeguard the integrity of your financial system from unlawful activities.
KYC is supported by a streamlined, automated business process model with business rules configured in a decisions engine.
Features
- Automated workflow system moves the request from one department to another and notifies relevant users regarding pending transactions
- Mitigates regulatory and credit risks by ensuring a thorough risk assessment of the client prior to approval
- Enhanced audit trails for approvals and actions
- Standardized documentation requirements
- Integrates with your Enterprise Content Management System for storage of customer documents
Differentiators
- Covers all departments of Sales, Credit, Legal, Operations and Data Management
- Integrates with downstream systems and document management products with varied technology flavors
- Role-based access mechanism allows dynamic customization of workflow and rules