LONDON, UK. 12th August, 2024 – KYC360, a leading provider of Customer Lifecycle Management solutions that empower organisations to comply and outperform, is proud to announce the launch of Networked KYC (nKYC). This innovative solution streamlines the onboarding process between multiple parties and decreases time to revenue.
nKYC simplifies the process for customers being onboarded by multiple service providers such as law firms, banks and Trust or Corporate Services providers (TCSPs). By facilitating secure data sharing between different parties in the onboarding chain, nKYC removes friction and eliminates the need for manual rekeying of data.
Founder and CEO of KYC360, Stephen Platt commented on the launch, "KYC360 is delighted to roll out another milestone innovation. Networked KYC removes significant barriers for firms and this allows TSCPs to benefit from a reduced time to revenue as setting up a new structure for a customer can be done in as little as a week compared to the usual timeline measured in months. Customers benefit from a smoother onboarding experience and this efficient process becomes a key competitive differentiator for banks and firms involved in the onboarding chain."
Our established relationships with banks, professional services firms and TCSPs make us the ideal choice for a seamless onboarding process. Any business that collaborates with introducers or intermediaries to gather KYC data can benefit from this solution.
nKYC simplifies the process for customers being onboarded by multiple service providers such as law firms, banks and Trust or Corporate Services providers (TCSPs). By facilitating secure data sharing between different parties in the onboarding chain, nKYC removes friction and eliminates the need for manual rekeying of data.
Founder and CEO of KYC360, Stephen Platt commented on the launch, "KYC360 is delighted to roll out another milestone innovation. Networked KYC removes significant barriers for firms and this allows TSCPs to benefit from a reduced time to revenue as setting up a new structure for a customer can be done in as little as a week compared to the usual timeline measured in months. Customers benefit from a smoother onboarding experience and this efficient process becomes a key competitive differentiator for banks and firms involved in the onboarding chain."
Our established relationships with banks, professional services firms and TCSPs make us the ideal choice for a seamless onboarding process. Any business that collaborates with introducers or intermediaries to gather KYC data can benefit from this solution.
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