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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
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IDC PlanScape: DX for KYC Compliance in Financial Services
Published: December 21, 2018 Content info: 17 Pages
Description

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.

Table of Contents
Product Code: US44310818

IDC PlanScape Figure

Executive Summary

Why Is DX for KYC Compliance Important?

What Is DX for KYC Compliance?

  • Digital Trust and Stewardship Use Case Detail

Who Are the Key Stakeholders?

How Can My Organization Take Advantage of DX for KYC Compliance?

Advice for Technology Buyers

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