Blog Insight driven KYC process automation
Explore how banks can digitally transform data-management to build digital profiles and reduce KYC frustrations.
Demonstrate consistent compliance and data provenance
EC360 retrieves and integrates data and documents from multiple sources into digital risk profiles. As data is gathered, Encompass records and retains the origin of every piece of information, ensuring any decisions can be easily explained and confidently defended.
Encompass maintains clear data attribute lineage
- Identification and inspection of the original source of key attributes in a CDI profile.
- Configuration of the EC360 platform to retrieve attributes in line with KYC policies, and using preferred and approved sources.
This enables your organization to:
- Quickly and easily trace the origin of a piece of information to demonstrate the quality of decisions.
- Ensure the ability to cite the original source of each piece of evidence to auditors and regulators.
EC Public Automation
Watch our video on how our EC Public Automation solution powered by EC360 helps banks across the world automate manual KYC processes to build complete real-time CDI profiles and get the full picture of their customers, fast.
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Dynamic KYC process automation
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