Providing a solid foundation for productivity and accuracy
EXL's Digital KYC solution helps automate, streamline and standardize Client Due Diligence (CDD) and Know Your Customer (KYC) processes. The solution leverages advanced analytics/AI, Robotics Process Automation (RPA) and integrations to solve various operational challenges to aggregate 30+ data sources across 20+ countries.
Client testimonial
"EXL’s KYC solution for data integration and screening services helped us integrate data from multiple web sources, reducing turnaround time and saving manual effort. This has greatly increased the speed and efficiency with which we complete our customer onboarding process.. Working with EXL helps us save time, improve efficiency, and present integrated data in format that is ready to be shared."
Product Manager, Leading Investment Bank
Solution highlights
Data Aggregation
Automates research activities by aggregating client information from various sources (Internal and External)
Document Review
Review of documents that are collected to evidence client information
Data Review
Duplicate checks and quality review / reconciliations
Data Upload
Integration with strategic systems and migration of data/documents collated after research into internal systems
Screening
Ongoing screening of news or sanctions to determine emerging financial crime risks
Perpetual KYC
Ongoing monitoring of client data and trigger alerts when there is a change
How is EXL Digital KYC different.
Simplify regulatory requirements
Reduction in turnaround time
Flexibility with on-site or cloud deployment, easily scalable with non-intrusive integrations
Improved customer experience
Reduces 75% manual effort, thereby decreasing costs