Banco BPM is the third-largest retail and commercial bank in Italy. To secure access to other markets and financial products, the bank has built a network of hundreds of financial counterparties.
Banco BPM provided its KYC analysts with Bankers Almanac Enhanced Due Diligence. The team now conducts all of its financial counterparty risk assessments from start to finish using this dedicated software solution.
“With Accuity, Banco BPM got all the same value as a custom-built KYC application, but at a fraction of the cost and available immediately. It really has some impressive tools, like automated screening of ownership structures for risk, such as sanctions and enforcement actions,” Paolo Rodolfi KYC Analyst, Trade Finance, Banco BPM.
Download the full case study to learn how Banco BPM used this KYC solution.