Modernising your KYC processes is easier than you think
Financial counterparties form the backbone of your global financial network. But how robust is your process for assessing counterparty risk? Manual processes that rely on copying information into reports distract analysts and make it hard to prove you take a risk-based approach to assessing partners.
With Bankers Almanac Enhanced Due Diligence, all banks have easy access to modern KYC software to automate and enhance their risk assessment process. Clients benefit from instant access to accurate data, documents, and screening tools covering over 21,000 banks and 200,000 other financial institutions. Standardised processes and robust audit trails help clients build trust with regulators.