One of the biggest challenges facing due diligence is the constantly changing regulatory frame-work. Be it regulator imposed or based on internal policy the policies on which we assess risk, define requirements and manage expectations on subjects is constantly changing. All these changes constantly impact our KYC process, the way we on-board subjects, the way we interact with them and also what we ask out of them.
This aspect is constantly being challenged, leading to more resources, more delays and increased risk and cost. This is why KYC Portal was created. A product that focuses on the end-to-end process of compliance and due diligence. A tool that not only allows you to configure the entire regulatory process at company level but at product and service level.
KYC Portal have just launched a short video that showcases the entire feature set of the tool and what benefits it brings to the market.
Click here to watch the video.