Date: 14th March 2018
Time: 10am ET / 3pm GMT
Up until three years ago, the concept of Know Your Client (KYC) utilities struck a chord with capital markets firms across the global financial services industry. However, multiple utilities with little crossover and slow momentum stalled their development into a viable technology and business model.
While the concept of KYC utilities has shifted to the background of bank thinking in the last year or so, the need for such a resource still exists. Regulatory compliance remains onerous, being heavily dependent the collection, processing and management of client and counterparty data, documentation and agreements to comply with local and global anti-money laundering (AML), KYC, regulatory and tax-compliance processes. This impinges on the cost of compliance, client-onboarding times and the overall client experience.
This webinar features experts from the financial services industry, as well as technologists and KYC utilities and will explore the following issues:
- The specific technology and operational benefits that KYC utilities offer capital markets firms
- The lessons learned from the initial foray into KYC utilities
- The features and benefits of the centralized and decentralized models for KYC utilities, and the best options for banks
- The critical success factors required for KYC utilities to gain industry traction.
If you require any further information please don't hesitate to email us at [email protected].
Meet the speakers
Global Head of Sales, Fenergo
Head of Client Solutions Consulting, Fenergo
CEO and Partner, JJCFinTech (previously MD Group Head, Regulatory Compliance Services at IHS Markit and Managing Director at Goldman Sachs)
Managing director – FS Finance & Risk Consulting, Resilience, Accenture