Market Research Report
IDC PlanScape: DX for KYC Compliance in Financial Services
|Published by||IDC||Product code||759988|
|Published||Content info||17 Pages
Delivery time: 1-2 business days
|IDC PlanScape: DX for KYC Compliance in Financial Services|
|Published: December 21, 2018||Content info: 17 Pages||
This IDC study lays out a basic framework for financial institutions to create a strategy toward a KYC process that is efficient and comprehensive. "Financial institutions should develop a comprehensive KYC strategy and road map. Too many banks have multiple onboarding and KYC processes and technologies. A comprehensive approach would look to consolidate these processes and technologies across lines of business as part of a larger organizational client life-cycle management strategy," says Steven D'Alfonso, research director, IDC Financial Insights.