Customer Due Diligence (CDD) simplified with a fully automated and real-time data sourcing from public sources that not only expedites new onboarding and periodic reviews but also enables institutions shift from reactive KYC mode to a more proactive, perpetual KYC mode
Facctcheck benefits
FacctCheck automates and simplifies customer due diligence through automated data sourcing and continuous event monitoring, enabling institutions have the latest customer data in their systems and KYC analysts to arrive at faster and accurate KYC decisions.
CDD at lightning speed
Accelerate the KYC process, minimise delays, and reduce compliance risk through timely and accurate data processing
Perpetual KYC ecosystem with real-time trigger monitoring
Switch to real-time monitoring and alerting of trigger events, enabling precise and immediate KYC decisions
On-demand delivery of customer profiles
Access on-demand customer profiles from authorised sources, adhering to the bank’s policies and ensuring reliable information
Reduce operational costs
Reduce operational costs by up to 40% per case through efficient automation and streamlined processes
Reduce customer frictions
Reduce outreach requirements and enhance customer satisfaction. Even when outreach is necessary, pre-filled data from public sources minimises effort required from customers
Scalability and flexibility
Our solution is scalable and adaptable to meet the varying needs of different banks’ policies and procedures, ensuring a tailored approach to KYC management
Features
